Emh group started life as a traditional housing association in 1946.

Since then we've become established as one of the leading providers of affordable housing in the East Midlands.

The group describes itself as profit for purpose, signifying our commitment to demonstrating an increasingly commercial mindset, with a focus on efficiency, value for money and sweating assets to deliver our social purpose.

At a glance

“Table showing Greatwell Homes’ 2025 and 2024 performance. Columns display Turnover, Operating surplus, Interest cover (EBITDA, major repairs included), and New units developed. For 2025: Turnover £152.5m, Operating surplus £35.6m, Interest cover 94.2%, New units developed 441. For 2024: Turnover £147.5m, Operating surplus £34.5m, Interest cover 101%, New units developed 404. A footer notes total number of units: 22,466.”

Emh's S&P rating is A with a stable outlook. This is a result of colleagues across the business having an awareness of costs and associated risks within key areas of the organisation. S&P’s rationale for its decision is:

"The rating affirmation reflects our view that emh's prudent cost planning and improvement in economic conditions will help to stabilize financial metrics despite increased investments in existing homes. We acknowledge the group has a solid assessment of its stock condition and has secured grant funding to perform the necessary works. We also think group's proactive approach in securing development grants will partly lower borrowing needs, preventing debt metrics from weakening."

S&P Rating January 2025

If you'd like to talk to us about investor relations, please contact:

Jonathan Dwyer, Head of Treasury and Financial Planning on 07811 332219 or Jonathan.Dwyer@emh.co.uk

Credit ratings

Emh's S&P rating is A with a stable outlook. This is a result of colleagues across the business having an awareness of costs and associated risks within key areas of the organisation. S&P’s rationale for its decision is:

"The rating affirmation reflects our view that emh's prudent cost planning and improvement in economic conditions will help to stabilize financial metrics despite increased investments in existing homes. We acknowledge the group has a solid assessment of its stock condition and has secured grant funding to perform the necessary works. We also think group's proactive approach in securing development grants will partly lower borrowing needs, preventing debt metrics from weakening."

S&P Rating January 2025

Contact us

If you'd like to talk to us about investor relations, please contact:

Jonathan Dwyer, Head of Treasury and Financial Planning on 07811 332219 or Jonathan.Dwyer@emh.co.uk