AFFORDABLE HOUSING COMMUNITIES LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -35%

  £17,718,589 → £11,508,595

• Cash

  +723.5%

  £450,399 → £3,708,821

  highest in 3 filed years

• Net assets

  +3.4%

  £36,766,570 → £38,015,833

  highest in 3 filed years

• Employees

  -14.3%

  7 → 6

• Operating profit

  +6.9%

  £1,778,582 → £1,901,474

• Profit before tax

  -54.7%

  £4,157,034 → £1,884,053

  lowest in 3 filed years

• Wages

  -23.4%

  £322,286 → £246,928

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. AFFORDABLE HOUSING COMMUNITIES LIMITED 2020-04-29 → present
2. PLATINUM SKIES LIVING LIMITED 2015-12-03 → 2020-04-29

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Taking the above into consideration, the directors believe the company has enough funds available to continue as a going concern. On this basis the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “During the year, the company maintained full regulatory compliance, resolved legacy lease compliance issues with Homes England confirming resolution in February 2024, and further strengthened its governance, risk, and assurance arrangements.”
• “During the year the company entered into a joint venture agreement with Meadow Partners whereby AHCL provides services to the joint venture entities in relation to deal origination, construction, sales and marketing. As part of this joint venture AHCL transferred assets to the joint venture in return for consideration which was used to pay down all bank debt.”
• “During FY25, reinvestment and new supply delivery fell to 0%, reflecting the Board's decision to pause new development commitments while reviewing the company's funding strategy and priorities. At the same time, gearing reduced significantly to 52.2%, strengthening the balance sheet.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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