Financial information
In 2022-2023 our turnover was £130m, and we have assets of £1,012m.
Emh group provide housing for rent and shared ownership, a rural housing specialism, care and support services and a thriving apprenticeship academy. We invest tens of millions of pounds to create good quality affordable housing and sustainable communities across an area spanning 6000 square miles.
We are committed to growth in order to meet critical demand for affordable quality homes in the region.
A strong operational performance and efficiency has resulted in robust financial health, despite economically challenging times.
Financial strength
We are well placed to respond proactively to the changing environment and to make the most of new business and improvement opportunities.
From a position of strength, we aim to:
- deliver 2000 new homes over 5 years
- create increased opportunities for partnerships
- achieve greater efficiencies
- maximise revenues
- enhance our position within the sector as as a key contributor to national policy issues
Credit rating
We are pleased that our financial strength was reaffirmed with a A+, outlook negative credit rating from Standard and Poor’s in January 2023. This places emh amongst the top-rated Housing Associations in the country and above many leading commercial companies.