Finance

Turnover rose by 3% to £67.3m and Net Profit Before Tax was £3.0m, a good performance given the market.

Although the Government’s Comprehensive Spending Review is impacting on our workload in this sector we continue to work well with existing clients; Dale & Valley Homes, South Tyneside Homes, Cestria Community Housing, Housing Hartlepool, Tristar Homes, Three Rivers Housing Association, Endeavour Housing Association, Gateshead Housing Company, Two Castles Housing Association and Anchor Housing Association.

We are delighted to have started working with new clients including; Your Homes Newcastle, Durham City Homes, Accent Housing Association, Coast & Country Housing, Homes for Northumberland, Derwent & Solway  Housing Association, 4HG (3 Rivers) and Riverside Housing Association.

We are included in a number of frameworks including; Your Homes Newcastle supported housing framework; Nottingham Community Housing framework; Riverside Partnership framework; Northumberland CC Strategic Developer framework; Cumbria & Lancashire Housing Partnership; Procurement Lincolnshire framework, Procurement For All framework, Procurement Plus framework

The expansion of the business into Cumbria has been spearheaded through Esh Property Services, which has established an office in Kendal from where we are serving Cumbria and the North West.  We have been well received and given feedback that a new and alternative contractor in the area is welcome.

For a copy of our latest Accounts, please contact us