MERCERS' COMPANY HOUSING ASSOCIATION
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-25 (in 2mo)
Last made up 2025-07-11
Watchouts
None on the register
Cash
£811K
+76.7% vs 2024
Net assets
£4M
+4.7% vs 2024
Employees
0
Average over period
Profit before tax
£196K
+263% vs 2024
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 | £668,000 | £751,000 | |
| Operating profit | -£7,000 | £94,000 | |
| Profit before tax | £54,000 | £196,000 | |
| Net profit | -£291,000 | £196,000 | |
| Cash | £459,000 | £811,000 | |
| Total assets less current liabilities | £4,140,000 | £4,336,000 | |
| Net assets | £4,140,000 | £4,336,000 | |
| Equity | £4,140,000 | £4,336,000 | |
| 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 | -1.0% | 12.5% | |
| Net margin | -43.6% | 26.1% | |
| Return on capital employed | -0.2% | 2.2% | |
| Gearing (liabilities / total assets) | 1.4% | 2.4% | |
| Current ratio | 8.31x | 8.00x | |
| Interest cover | -0.64x | — |
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
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern and the financial statements of the Charity have been prepared on that basis as they do not intend to liquidate the Charity or to cease its operations and have concluded that the charity's financial position means that this is realistic.”
Significant events
- “A new Scheme Manager was appointed to Priory House during 2024 and has settled in well bringing new leadership and energy to the scheme.”
- “Ongoing maintenance work is carried out at both sites to ensure the quality of housing units and their environs remains high. Work has been undertaken on boiler repairs and window replacements at Priory House and on the lifts at Mercers' House.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWNIE, Josephine Clair | Director | 2025-10-13 | Jun 1958 | British |
| GRAHAM, John Roderick | Director | 2019-09-01 | Apr 1967 | British |
| SEDGWICK, Adam | Director | 2016-06-28 | Dec 1940 | British |
| TOTTON, Anthony Beverley | Director | 2016-06-28 | Aug 1966 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOK, Philip Michael | Secretary | 2016-06-28 | 2019-06-25 |
| BRIDGES, Edward Walter Rollet | Director | 2016-06-28 | 2017-07-26 |
| BROOKE-HITCHING, Emma Caroline | Director | 2016-06-28 | 2018-09-28 |
| BYWATERS, Jane Ann | Director | 2016-06-28 | 2017-02-15 |
| FENWICK, Nicholas Adam Hodnett | Director | 2016-06-28 | 2016-11-16 |
| GRAHAM, Alexander Michael, Sir | Director | 2016-06-28 | 2018-09-28 |
| MARTINEAU, Susan Amy | Director | 2016-06-28 | 2017-02-14 |
| NORTHCOTE, Auriol Davina | Director | 2016-06-28 | 2017-02-14 |
| POWELL, David Grant Machattie, Dr | Director | 2016-06-28 | 2019-08-31 |
| ROBERTSON, John Manwaring | Director | 2016-06-28 | 2016-11-16 |
| SHELDON, Thomas Clifford | Director | 2016-06-28 | 2016-11-16 |
| VERMONT, Charles Henry David | Director | 2018-09-28 | 2019-08-31 |
| VERMONT, Charles Henry David | Director | 2016-06-28 | 2017-07-26 |
| WALSH WARING, Lucy Fiona | Director | 2019-09-18 | 2025-10-13 |
| WATNEY, David Charles | Director | 2016-06-28 | 2017-07-26 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-31 | AA | accounts | Accounts with accounts type full | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-24 | AA | accounts | Accounts with accounts type full | |
| 2023-07-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-28 | AA | accounts | Accounts with accounts type full | |
| 2022-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-10 | AA | accounts | Accounts with accounts type full | |
| 2020-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-24 | AUD | auditors | Auditors resignation company | |
| 2019-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2019-09-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2019-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2019-09-19 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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
+12.4%
£668,000 £751,000
-
Cash
+76.7%
£459,000 £811,000
-
Net assets
+4.7%
£4,140,000 £4,336,000
-
Employees
—
Not reported
-
Operating profit
+1,442.9%
-£7,000 £94,000
-
Profit before tax
+263%
£54,000 £196,000
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