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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-03-25 (in 10mo)

Last made up 2026-03-11

Watchouts

None on the register

Cash

£13M

+193.9% vs 2024

Net assets

£1M

+27% vs 2024

Employees

35

-5.4% vs 2024

Profit before tax

£2M

-16.8% vs 2024

Name history

Renamed 1 time since incorporation

  1. CITIZEN NEW HOMES LIMITED 2019-09-10 → present
  2. WEST MERCIA DEVELOPMENT LIMITED 2011-03-11 → 2019-09-10

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £52,019,000£72,295,000
Operating profit £4,921,000£4,073,000
Profit before tax £2,048,000£1,703,000
Net profit £2,002,000£1,599,000
Cash £4,377,000£12,864,000
Total assets less current liabilities
Net assets £1,107,000£1,406,000
Equity £1,107,000£1,406,000
Average employees 3735
Wages £2,214,000£2,163,000

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 2024-03-312025-03-31
Operating margin 9.5%5.6%
Net margin 3.8%2.2%
Current ratio 1.49x1.35x
Interest cover 3.15x3.94x

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
Beever and Struthers
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the Board's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

  1. CITIZEN NEW HOMES LIMITED · parent
    1. Signature Wates Residential LLP 0.5% · development of new build properties for outright sale
    2. Lea Castle JV LLP 0.5% · development of new build properties for outright sale
    3. Pickford Gate JV LLP 0.5% · development of new build properties for outright sale

Significant events

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

People

6 active · 17 resigned

Name Role Appointed Born Nationality
BOOTH, Gary Stephen Secretary 2020-06-26
ROBERTSON, David Alan Director 2020-05-18 Apr 1959 British
SPENCER, Andrew Paul Director 2025-01-01 Nov 1971 British
UTUKA, Rebecca Abena Director 2019-01-01 Oct 1977 British
WILLIAMS, Claire Anne Director 2020-10-12 Jul 1963 British
WRIGHT, Mark Simon Director 2018-04-01 Oct 1969 British
Show 17 resigned officers
Name Role Appointed Resigned
BRANDUM, Patricia Secretary 2011-12-20 2015-05-05
GRAINGER, Richard John Secretary 2015-10-28 2016-04-01
KELLAS, Stuart Secretary 2016-04-01 2020-06-26
MAITLAND, David Secretary 2011-03-11 2011-12-20
RODGERS, Kevin Michael Secretary 2015-05-05 2015-07-08
WILLETTS, Kevin Secretary 2015-07-08 2015-10-28
BROOKS-WARD, James Director 2012-10-15 2015-12-03
BROOKSBANK-TAYLOR, Susan Director 2020-06-09 2023-10-01
COX, Ian Douglas Director 2016-02-22 2017-11-14
CRESWELL, John William Director 2020-01-29 2020-06-08
DAY, Barrie Stephen Director 2011-05-16 2020-05-05
GRAINGER, Richard John Director 2011-05-16 2020-01-22
GREEN, Philip Richard Director 2018-01-01 2024-12-31
GRIFFITHS, Roger Director 2012-10-15 2018-12-31
HARRIES, David James Director 2011-03-11 2011-08-15
KHOSSA, Narvinder Kaur Director 2023-10-01 2023-11-26
PAYNE, John Alan Director 2011-05-16 2017-09-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Citizen Housing Group Ltd Corporate entity Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm 2016-04-06 Active

Filing timeline

Last 20 of 95 total filings

Date Type Category Description
2026-03-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-29 AA accounts Accounts with accounts type full
2025-03-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-06 AP01 officers Appoint person director company with name date PDF
2025-01-06 TM01 officers Termination director company with name termination date PDF
2024-09-02 AA accounts Accounts with accounts type full
2024-06-21 TM01 officers Termination director company with name termination date PDF
2024-06-21 AP01 officers Appoint person director company with name date PDF
2024-03-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-11 TM01 officers Termination director company with name termination date PDF
2023-09-18 AA accounts Accounts with accounts type full
2023-03-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-26 AA accounts Accounts with accounts type full
2022-08-13 MR01 mortgage Mortgage create with deed with charge number charge creation date
2022-06-14 MR04 mortgage Mortgage satisfy charge full PDF
2022-04-14 MR01 mortgage Mortgage create with deed
2022-04-06 MR01 mortgage Mortgage create with deed with charge number charge creation date
2022-03-11 CS01 confirmation-statement Confirmation statement with updates PDF
2021-11-05 MR01 mortgage Mortgage create with deed with charge number charge creation date
2021-09-07 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Official Companies House page