Legal & General Affordable Homes Limited

Legal & General Affordable Homes Limited

#11223470 Active
B2cServices

Legal & General Affordable Homes is dedicated to providing affordable housing options across the UK, aiming to improve lives by ensuring access to safe and secure homes. They focus on shared ownership and sustainable living solutions.

Founded: 23/02/2018
Industries: Development of building projects
Location: London

Products

  • Shared Ownership Houses

Services

  • Affordable Housing
  • Shared Ownership

Financial Snapshot

Last accounts made up to 31 December 2023
Next accounts due 30 September 2025 (4 months)
Cash in Bank £22.76m
↓ -14%
Turnover £23.06m
↑ 21%
Total Liabilities £87.49m
↑ 117%

Directors

Role:
Actuary
Appointed:
23/07/2024
Nationality:
British
Age:
59 years
Role:
Company Director
Appointed:
01/01/2024
Nationality:
British
Age:
66 years
Role:
Portfolio (non-executive Directorships And Consult
Appointed:
27/09/2023
Nationality:
British
Age:
60 years
Role:
Accountant
Appointed:
27/09/2023
Nationality:
British
Age:
57 years
Role:
Group Social Impact & Investment Director
Appointed:
27/07/2023
Nationality:
British
Age:
44 years
Role:
Director
Appointed:
19/11/2020
Nationality:
British
Age:
61 years
Role:
Managing Director
Appointed:
10/10/2018
Nationality:
British
Age:
59 years

People with Significant Control

Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
12/12/2019
Nationality:
United Kingdom
Dec 2023Dec 2022Dec 2021
Income Statement
Turnover
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Current Assets
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Debtors
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Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
1 shareholder available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
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Shareholder 3
Shares:
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Charges

28 charges registered
Barclays Bank PLC as Agent and Trustee of the Security for Itself and the Finance Parties. Outstanding
Created 24/01/2025

The registered freehold land of 1 hyena drive, colchester, essex CO3 8BY with title number AA37825. ...

#112234700028 Negative Pledge
Barclays Bank PLC Outstanding
Created 19/11/2024

The leasehold land of flat 6 hill court, victoria road, chelmsford, essex CM1 1SP with title number ...

#112234700027 Negative Pledge

Properties

100 properties
Regions
5
Freehold
19
Leasehold
81
WEST MIDLANDS

20-38 (evens), Lucks Avenue, Birmingham (B28 8FD)

Freehold B28 8FD
£1,674,147
Added 15/12/2023 BIRMINGHAM
WEST MIDLANDS

Plots 34-54 (inclusive), The Junction, Bromford Road, Oldbury

Freehold
£3,511,793
Added 28/12/2023 SANDWELL
SOUTH EAST

Block E Edward Street Quarter, Edward Street, Brighton (BN2 2LP)

Leasehold BN2 2LP
£5,590,000
Added 15/09/2022 BRIGHTON AND HOVE
14 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
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Price Per Share:
Amount Raised:
Filing:

Grants

Total grant funding received: £20,049,832.00

Department for Levelling Up, Housing and Communities
£16,920,832.00

The Affordable Homes Programme 2021-2026 (AHP 2021-26) is a £7.4 billion investment programme providing grant funding to support the capital costs of developing affordable housing for rent or sale. AHP 2021-26 offers two routes to access funding, Continuous Market Engagement (scheme-by-scheme); and Strategic Partnerships (volume grant allocations to ambitious partners). Through the AHP 2021-26 programme, there is an emphasis on partners use of Modern Methods of Construction (MMC), the delivery of high-quality sustainable design and working closely with housebuilders who are small to medium-sized enterprises (SME).

Date Awarded:
01/04/2022
Programme:
Strategic Deals 21-26
Department for Levelling Up, Housing and Communities
£360,000.00

Special Relief Funding for HTB agent during Covid 19

Date Awarded:
30/03/2022
Programme:
Help to Buy
Department for Levelling Up, Housing and Communities
£2,656,500.00

The Affordable Homes Programme provides grant funding to registered providers to support the delivery of affordable housing.

Date Awarded:
01/04/2020
Programme:
AFFORDABLE HOUSING GRANT
Department for Levelling Up, Housing and Communities
£112,500.00

The Affordable Homes Programme provides grant funding to registered providers to support the delivery of affordable housing.

Date Awarded:
01/04/2020
Programme:
Affordable Housing Grant

Group Structure

Government Council Contracts Beta

No council contracts found

Company Filings

24/01/2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

17/12/2024 Capital

Capital Statement Capital Company With Date Currency Figure

17/12/2024 Insolvency

Legacy

17/12/2024 Resolution

Resolution

17/12/2024 Capital

Legacy

20/11/2024 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

06/11/2024 Mortgage

Mortgage Satisfy Charge Full