How we're performing

New tenant guide

 

Being open is one of our values.

So we publish a range of information about how we're performing as a business.

overall customer satisfaction

0%

overall customer satisfaction
new homes completed (23-24)

0

new homes completed (23-24)
customers satisfied with their recent repair

0%

customers satisfied with their recent repair

 

 


 

Customer Annual Report 2024 Thumbnail image reading "Better homes, communities, business" on top of an image of houses and a playing field

 

Customer report

View

 

 

Financial statements

Download

 

Image of the front cover of the VFM report

 

Value for Money report

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Image showing the front cover of our ESG report. Includes a photo of a father and two daughters plus text that reads "Better homes, communities, business. Better futures".

 

ESG report

Download

 

 

 

 

 

Our performance in numbers


For more detail on how we're performing, see our key performance indicators below. We update this information every quarter.

 

 

 

  • Customers satisfied that we're easy to deal with = 79%
  • Customers satisfied that we listen and act on their views = 72%
  • Number of complaints upheld = 73%
  • Customers satisfied with how we deal with complaints = 48%

  • Customers satisfied that their home is safe and secure = 81%
  • Homes that meet the Decent Homes Standard = 100%
  • Blocks with an in-date fire risk assessment = 100%
  • Homes with a valid gas certificate = 100%
  • Priority 'A' fire risk works currently overdue = 0%
  • Overall safety compliance (incl. asbestos, electrical, fire risk, gas, lifts, legionella) = 100%

  • Overall SAP rating = 77%
  • Rented homes with an EPC rating of C or above = 86%
  • SHIFT rating = GOLD

  • Regulatory rating = G1 V1

  • Customers satisfied that their rent is good value for money = 84.3%
  • Total arrears (rented stock) = 0.62%
  • Gearing = 43%
  • Interest coverage = 187%
  • Return on capital employed (ROCE) – 5.07%
  • EBITDA MRI Interest Rate Cover – 176.2%

Annual figures (2023-24)

  • Turnover = £45.5m
  • Operating surplus = £9.4m
  • Operating margin (social housing lettings) – 44%
  • Investment in existing homes - £14.5m
  • Investment in building new homes = £19.5m
  • Reinvestment = 5.6%

  • Homes delivered this year (so far) = 53
  • Homes being built in the Borough of Broxbourne = 84%

 

  • Average time to relet a home 33 days

  • Median gender pay gap = 0%
  • Median ethnicity pay gap = 0.5%