Investor relations

We believe it is important to make sure that investors have access to the latest information.

We are a housing association that provides more than 73,000 people in the North East, Yorkshire and Humber region with homes, support and opportunities to grow.

We invest millions of pounds each year to keep our homes safe, secure and well maintained. We support those who need a little help. Help to get on to the housing ladder, to pay rent and to keep their home in good repair. 

We have an excellent track record of building new homes for rent and shared ownership. We build hundreds of high-quality and modern homes that meet the needs of local people. As a Homes England Strategic Partner, we have an ambitious development programme over the next five years. 

We don't just rent and build homes. We support our customers and communities by investing in services to help people to live their best lives.

Environmental, social and governance report 22

This is our second environmental, social and governance (ESG) report for investors. It brings together a summary of our activities and key metrics to help investors form a view of Thirteen and our performance.

Read our ESG report for 2022 which summaries our activities.

Environmental, social and governance report 21

This is our first environmental, social and corporate governance (ESG) report for investors. It brings together a summary of our activities and key metrics to help investors form a view of Thirteen and our performance. 

Read our ESG report for 2021 which summaries our activities.

Trading update

Quarter 2

  • Turnover in line with budget at £101.5m (2023 Q2: £98.1m)
  • Operating surplus was £26.0m against a budget of £25.4m (2023 Q2: £22.7m)
  • Net surplus was £19.5m against a budget of £18.6m (2023 Q2: £16.5m)
  • The Group delivered 187 new homes, all of which were affordable (2023 Q2: 160)
  • Available cash and undrawn liquidity was £166.6m – providing 24 months of liquidity (2023 Q2: £213.6m) with £230m of additional liquidity credit approved
  • Outstanding debt was £326.5m (2023 Q2: £329.2m)

Forecast for 2023/24

  • Turnover of £201.7m
  • Operating surplus of £47.0m
  • Net surplus of £34.4m
  • Delivery of 542 affordable homes, investing £95.6m net of grant in new home delivery
  • £57.3m of major investment works in existing homes