Council-owned For-profit Provider Reports Success
A for-profit affordable housing provider owned by a borough council has reported a £1.2m profit, in what it described as an “exceptional” year.
Loddon Homes, owned by Wokingham Borough Council, reported a £1.2m post-tax profit in the year to March 2025, up from a loss of £68,879 the previous year. Its revenue surged 59% to £2.7m, from £1.7m in 2024.
- Revenue increased by 59% to £2.7m
- Post-tax profit of £1.2m, compared to a loss of £68,879 the previous year
an “exceptional” year
Loddon Homes provides supported housing, shared ownership, and social and affordable rent for residents in the council area, aiming to increase affordable housing supply and generate income for the council.
Author's summary: Council-owned Loddon Homes reports £1.2m profit.
More News
- CALL HER DADDY: Final Freestyle Live
- [collapsed adjective - Definition, pictures, pronunciation and ...]
- Tour news: Rosalía, Taskmaster, Don Letts & Daddy G, De La Soul, LCD Soundsystem, Amyl & The Sniffers, Lily Allen, more
- Charlie's Holdings Announces Opening of US Manufacturing Facility and First Shipments to Texas Customers
- Erika Kirk on gun violence being root problem that led to Charlie's murder, ‘I support the…’ | Hindustan Times
- It's a different world: Woods on Charlie's recruitment process, missing PNC Championship
- MCCOY definition and meaning | Collins English Dictionary
- One Of EVE Online's Biggest Alliances Has Collapsed While EVE Player Numbers Surge
- Leonard H. McCoy - Memory Alpha
- Disney World guest rescues collapsed man in latest medical emergency