HEYLO HOUSING REGISTERED PROVIDER LIMITED

• ◆

  3 officer resignations in last 12 months

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

1. HEYLO HOUSING REGISTERED PROVIDER LIMITED 2017-01-25 → present
2. THREE CONDITIONS LTD 2008-04-23 → 2017-01-25

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

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the Company will be able to meet its liabilities as and when they fall due for the foreseeable future. As at the balance sheet date, the Company has net current assets of £700k (2023: £700k) and net assets of £700k (2023: £700k). The Company has cash at bank and in hand of £701k (2023: £701k). The Directors recognise the low-risk nature of the business model given that the Company is only contracted to pay to the relevant Heylo Investment pod the revenues it receives as opposed to those receivable.”

Significant events

• “Critically, the Heylo group of companies have agreed a legal restructure of the Heylo group, placing the respective Registered Providers of Social Housing as the parent entity to the asset holding investment pods.”
• “Although the legal restructure has not yet been completed, it is now imminent and significant work has been done during the year to establish and embed arrangements as if the Registered Provider of Social Housing (RP) was already the corporate parent.”
• “We have established a positive working relationship with the Regulator of Social Housing, obtaining the Regulator's approval to our proposed Voluntary Undertaking and associated Action Plan.”
• “It has been nearly two and a half years since HHRP was deemed regulatory non-compliant.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +18.4%

  £27,491,000 → £32,555,000

• Cash

  0%

  £701,000 → £701,000

• Net assets

  0%

  £700,000 → £700,000

• Employees

  —

  Not reported

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