Our business plan has strong growth ambitions, which will be managed through a prudent framework for planning and decision making, provided through a set of agreed ‘financial golden rules’. These are designed to recognise business risks and govern our operating margins, net debt/turnover, sales as a percentage of turnover and social housing interest cover.
The business plan is also regularly stress-tested, both on single variant scenarios as well as more intense ‘multi-variant’ scenarios.
Beyond Housing Group strives to maintain diversification in its funding sources. The Group is committed to maintaining a strong investment grade rating and is currently rated by Moody’s as A2 (stable).
Maintaining a strong financial position enables us to continue building the vital homes our communities need and investing in our customers and communities so they can succeed and thrive.
Investing in sustainability
We are committed to sustainability, and genuinely care about the work we do to transform the lives of our customers. We pride ourselves in adding social value to our communities, delivering a wide range of services that support and enhance people’s quality of life.
We work towards improving the economic, social and environmental wellbeing of the people living in communities. These benefits cover a wide range of activities, including the creation of apprenticeships and jobs, sub-contracting to local social enterprises, or working with residents to create new and improved community spaces.
Moody’s Investors Service
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Beyond Housing Limited
Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Beyond Housing Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 9 December 2021 in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody’s practice has been to issue a press release following each periodic review to announce its completion.