THRIVE SOCIAL HOUSING

• ◆

  4 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. THRIVE SOCIAL HOUSING 2021-02-12 → present
2. THRIVE SOCIAL HOUSING LTD 2020-12-17 → 2021-02-12

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

Sumer Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have reviewed the financial performance of the group, together with those factors that will impact the future position of the group...The Trustees are therefore of the opinion that the group is well placed for the future and has adequate resources to continue in operation for the foreseeable future. The going concern basis of accounting therefore continues to be adopted in preparing the financial statements.”

Group structure

1. THRIVE SOCIAL HOUSING · parent
   1. Emerging Futures CIC 100% · UK · trading subsidiary

Significant events

• “We welcomed several new members to our governance structures, bringing fresh insight and expertise to our leadership.”
• “In 2024, Emerging Futures CIC became legally required to report on its gender pay gap, having exceeded 250 reportable staff members. In 2025, the mean gender pay gap reduced to just 0.2% or 3p, down from 31p the previous year.”
• “In 2024/25, we achieved a significant milestone in our commitment to training excellence by being formally awarded the Provider of Training Excellence accreditation.”
• “The committed purchase of a house from 2024 was completed in May 2024, bringing the total owned housing portfolio to 11 properties, £2,830k.”
• “Successfully renewed our Cyber Essentials certification, reinforcing our ongoing commitment to robust IT governance and data security standards.”
• “Confirmed the adoption of a new HR processing system, scheduled for implementation in 2025/26.”
• “Enhanced staff efficiency by leveraging technology and automation to streamline business processes, including the development and launch of Power BI dashboards.”
• “Secured a new community support contract for Liverpool, which will be the largest frontline service in the organisation and will be implemented in 2025/26.”
• “Secured a new community support contract in Worcester, implemented in 2025/26 and combines two previous contracts in the same locality into one.”
• “Secured a new community support contract in West Sussex, enabling the replication of our successful community offer.”
• “Expanded our supported housing services by increasing bedspaces in Lancashire, Huddersfield and Sefton.”
• “Implemented new community support services in York and Sefton, following contract awards secured in the previous financial year.”
• “Launched our new tenancy sustainment project in Gloucestershire, offering 55 bedspaces to people affected by homelessness, drug and alcohol addiction.”
• “Launched new housing services in Birmingham offering 52 bedspaces, alongside the implementation of a new community coaching and prison release service.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +14.6%

  £11,568,000 → £13,253,000

• Cash

  +5.6%

  £1,212,000 → £1,280,000

• Net assets

  +58.4%

  £1,071,000 → £1,696,000

• Employees

  +9.2%

  240 → 262

• Operating profit

  +880.3%

  £61,000 → £598,000

• Profit before tax

  +959.3%

  £59,000 → £625,000

• Wages

  +13.4%

  £5,659,000 → £6,418,000

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