NETWORK HOMES INVESTMENTS LIMITED

1. NETWORK HOMES INVESTMENTS LIMITED 2016-05-05 → present
2. NETWORK STADIUM INVESTMENTS LIMITED 2011-12-13 → 2016-05-05
3. STADIUM ISLINGTON LTD 2007-02-14 → 2011-12-13

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

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.”
• “There is currently £65m equity invested by the ultimate parent, Sovereign Network Group. The Board of Sovereign Network Group has approved the replacement of £55m of the existing equity investment in the Company with debt, which was completed in June 2025.”

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

Filings

12

last 12 months

Capital events

4

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +269.6%

  £12,088,000 → £44,680,000

• Cash

  -97%

  £3,304,000 → £100,000

• Net assets

  +16.8%

  £55,776,000 → £65,160,000

• Employees

  —

  Not reported

• Operating profit

  +1,004.8%

  -£879,000 → £7,953,000

• Profit before tax

  +1,304.8%

  £668,000 → £9,384,000

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