Investor Relations
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Investor Relations
Incommunities has enjoyed positive relationships with its funders since its transfer in 2003. In 2024/25 Incommunities restructured the Group's facilities and secured the funding requirements to deliver Our 5-year Corporate Strategy strategic objectives.
The refinancing allowed Incommunities to:
- Reduce the overall cost of funding.
- Increase the average maturity of the debt by refinancing some of the existing debt and providing additional facilities.
- Diversify the sources of funding.
- Provide additional £100m of revolving credit facilities extending liquidity to 36 months.
- Improved covenants of EBITDA only interest cover.
This resulted in a more cost effective and diverse funding portfolio.
Performance Highlights
3-Year Summary
| Statement of Comprehensive Income (£m) | 2025-26 | 2024-25 | 2023-24 |
| Turnover | 134.2 | 125.6 | 113.1 |
| Operating Surplus | 23.6 | 18.4 | 18.5 |
| Surplus for the year | 11.3 | 7.6 | 9.1 |
3 Year Summary - Properties
| Number of properties | 2025-26 | 2024-25 | 2023-24 |
| No. of properties | 23,045 | 22,869 | 22,833 |
| New homes built | 264 | 234 | 203 |
Our inspection outcomes...
In spring 2026 we had our inspection from the Regulator of Social Housing. Here are the results:
Our governance grade reflects strong leadership, responsible decision-making, and effective risk management. We focus on what matters most to you: safe homes, great services, and clear accountability.
Our financial viability grade reflects our continued investment in existing homes and our plans to build new ones.
Our consumer grading shows strong performance across all standards. This includes keeping people safe, listening to customers, and delivering effective services.
Contacts
As a valued investor, your primary contacts can be found below:
John Wright, Executive Director of Finance john.wright@incommunities.co.uk
