HOMES IN SOMERSET LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -11.3%

  £21,629,000 → £19,182,000

• Cash

  +14.2%

  £4,666,000 → £5,329,000

  highest in 3 filed years

• Net assets

  +5.9%

  £2,825,000 → £2,992,000

• Employees

  0%

  87 → 87

• Profit before tax

  -55.9%

  £623,000 → £275,000

• Wages

  +2.7%

  £3,194,000 → £3,281,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. HOMES IN SOMERSET LIMITED 2025-04-01 → present
2. HOMES IN SEDGEMOOR LIMITED 2025-02-27 → 2025-04-01
3. HOMES IN SOMERSET LIMITED 2025-01-30 → 2025-02-27
4. HOMES IN SEDGEMOOR LIMITED 2005-10-18 → 2025-01-30

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bishop Fleming LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The year end performance wise was a great success for Homes in Sedgemoor as we begin life as Homes in Somerset (HiS). The faith and confidence from Somerset Council as our owner is so greatly appreciated. The name change is linked to our new pan-Somerset role in providing the development of new homes and the regeneration of existing ones. We will be welcoming the Development and Regeneration Team from Somerset Council who will join us in April 2025. We also welcome massively the support provided in the approval of a considerable investment programme for new homes.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.