NETWORK NEW BUILD LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-03 (in 5mo)
Last made up 2025-09-19
Watchouts
None on the register
Cash
£299K
+109% vs 2024
Net assets
£20K
0% vs 2024
Employees
0
Average over period
Profit before tax
£508K
+15.7% vs 2024
Name history
Renamed 1 time since incorporation
- NETWORK NEW BUILD LIMITED 2005-07-12 → present
- WILLOW NEW BUILD LIMITED 2000-09-19 → 2005-07-12
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £108,004,000 | £117,951,000 | |
| Operating profit | £424,000 | £489,000 | |
| Profit before tax | £439,000 | £508,000 | |
| Net profit | £439,000 | £508,000 | |
| Cash | -£3,318,000 | £299,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £20,000 | £20,000 | |
| Equity | £20,000 | £20,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 0.4% | 0.4% | |
| Net margin | 0.4% | 0.4% | |
| Current ratio | 1.00x | 1.00x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future (being a period of at least twelve months after the date on which the Report and financial statements are signed). Loans from the parent undertaking will not be recalled in the foreseeable future, a letter of support has been received from Sovereign Network Group stating that further financial and any other support will be provided for the foreseeable future. For this reason, it continues to adopt the going concern basis in the financial statements.”
Significant events
- “On 31 March 2025 a Transfer of Engagements, conducted under section 110 of the Co-operative and Community Benefit Societies Act 2014, took place resulting in the statutory vesting of all the assets and liabilities of Sovereign Network Homes into Sovereign Housing Association Limited trading as Sovereign Network Group.”
- “On 1 April 2025 Sovereign Housing Association Limited legally changed its name to Sovereign Network Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELWIN, Carol Lucy | Secretary | 2024-06-07 | — | — |
| BIRD, Matthew David | Director | 2019-03-26 | Feb 1982 | British |
| DHOLAKIA, Anup Kumar | Director | 2019-03-26 | Jun 1988 | British |
| GALLAGHER, Sean David | Director | 2024-09-19 | Jan 1984 | British |
| LOIZOU, Despina | Director | 2019-03-26 | Nov 1970 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRENYA, Asantewaa | Secretary | 2022-03-29 | 2024-06-06 |
| ESO, Ibi, Ms. | Secretary | 2016-01-29 | 2016-06-09 |
| KASSEM, Tabitha | Secretary | 2016-06-09 | 2022-03-29 |
| MCBRIDE, Susan Lesley, Ms. | Secretary | 2010-05-19 | 2010-08-16 |
| PHILPOTT, Olga Carol | Secretary | 2000-09-19 | 2010-05-12 |
| REGER, Richard Michael | Secretary | 2010-08-16 | 2016-01-29 |
| CARTER, Michael Spencer | Director | 2006-11-30 | 2009-03-31 |
| DHANDE, Surjit | Director | 2005-07-15 | 2006-02-28 |
| DWYER, Jonathan Cyril | Director | 2017-01-31 | 2017-07-31 |
| GALEA, Aldo Gaetan | Director | 2001-09-27 | 2009-01-30 |
| GOOCH, David Howard | Director | 2019-05-28 | 2025-03-31 |
| GREGG, Graham | Director | 2016-07-28 | 2024-09-19 |
| HODGKINS, Jennifer Ann | Director | 2017-08-07 | 2020-03-31 |
| HODGKINS, Jennifer Ann | Director | 2016-07-29 | 2017-01-17 |
| HOLDEN, Timothy Richard | Director | 2005-07-15 | 2010-11-19 |
| KLEANTHOUS, Trudi | Director | 2013-07-25 | 2015-10-30 |
| LEVY, Darren | Director | 2015-07-30 | 2017-07-31 |
| MITCHELL, Colin James | Director | 2010-08-05 | 2019-07-17 |
| NETHERCOTT, Barry | Director | 2017-07-25 | 2018-12-31 |
| PARKES, Anthony Geoffrey | Director | 2001-09-27 | 2005-07-15 |
| PENRHYN-LOWE, Alan | Director | 2009-07-07 | 2015-08-31 |
| SLOCOMBE, Guy Kingsley | Director | 2025-04-01 | 2025-05-09 |
| STIBBE, Jeremy Hugh | Director | 2011-03-24 | 2013-10-18 |
| TENNOCK, Alan Chapman | Director | 2001-09-27 | 2005-07-15 |
| WOOD, Nicholas Anthony Charles | Director | 2001-09-27 | 2005-07-15 |
| WOODCOCK, Steven John | Director | 2005-07-15 | 2010-07-30 |
| WOOSEY, Mark | Director | 2006-11-23 | 2013-06-03 |
| NETWORK HOUSING ASSOCIATION LIMITED | Corporate Director | 2000-09-19 | 2001-09-27 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 123 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-19 | AA | accounts | Accounts with accounts type full | |
| 2022-04-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-04-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+9.2%
£108,004,000 £117,951,000
-
Cash
+109%
-£3,318,000 £299,000
-
Net assets
0%
£20,000 £20,000
-
Employees
—
Not reported
-
Operating profit
+15.3%
£424,000 £489,000
-
Profit before tax
+15.7%
£439,000 £508,000
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