SW9 COMMUNITY HOUSING

• ◆

  5 officer resignations in last 12 months

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

1. SW9 COMMUNITY HOUSING 2015-08-15 → present
2. STOCKWELL AND BRIXTON LMO 2015-05-05 → 2015-08-15

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

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board is of the opinion that the risks and uncertainties identified should not threaten the sustainability and viability of SW9 as a going concern.”

Significant events

• “Following the merger of the parent company, Network Homes, with Sovereign Housing Association—completed in March 2025—the Executive Director has continued to strengthen SW9 CH’s relationship with the newly formed Sovereign Network Group (SNG).”
• “A new Head of Customer Services also joined in 2024.”
• “At the start of the financial year, MNM Property Services was appointed as the new Responsive Repairs contractor.”
• “Our colleagues at SNG have successfully completed the regeneration programme on the Stockwell Park Estate.”
• “We have now awarded the new repairs contract to MNM Property Services Ltd, which commenced on the 1st April 2025.”
• “On 31 March 2025 a Transfer of Engagements...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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +13.8%

  £11,519,000 → £13,114,000

• Cash

  +40.5%

  £1,414,000 → £1,986,000

• Net assets

  +96.6%

  £436,000 → £857,000

• Employees

  -26.5%

  68 → 50

• Profit before tax

  +142.7%

  -£986,000 → £421,000

• Wages

  -18.8%

  £2,035,000 → £1,653,000

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