SOUTHERN HOUSING FINANCE PLC

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

  +13.9%

  £39,451,000 → £44,932,000

• Cash

  -14.3%

  £14,000 → £12,000

• Net assets

  -98.4%

  £794,000 → £13,000

• Employees

  —

  Not reported

• Operating profit

  +13.9%

  £39,447,000 → £44,932,000

• Profit before tax

  -100%

  £781,000 → £0

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. SOUTHERN HOUSING FINANCE PLC 2026-02-03 → present
2. OPTIVO FINANCE PLC 2018-02-14 → 2026-02-03
3. AMICUSHORIZON FINANCE PLC 2012-02-02 → 2018-02-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has net assets of £13k (2024: £794k) at the balance sheet date. After reviewing the Company's budget for 2025/26 and cash forecasts for the next 12 months from the date the financial statements are approved, the Directors have a reasonable expectation the Company has adequate resources to continue in operational existence for the foreseeable future. Current economic conditions have been factored into the budget and parent company's long term financial plan. Mitigations for Southern Housing (Optivo Finance plc's parent and sister companies) include changing tenure types, changes to the development programme and obtaining further borrowing. The going concern risk for the Company is further mitigated because the on lent funding to Southern Housing is under a secured loan agreement, backed by housing assets owned by Southern Housing. If payments are not made to Optivo Finance, it has the right to enforce the security under the loan. In making this assessment the Board have evaluated the impact of the current economic environment on the cashflows of the whole Group over the next 12 month period. The Board are confident our viability can be maintained having assessed our plans, liquidity levels and mitigating actions available. There is reasonable expectation that the Group has adequate resources to continue in operational existence for the next 12 months. For these reasons, they continue to adopt a going concern basis for the preparation of the Financial Statements.”

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

1

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.