Annual Report and Financial Statements 2024
Our financial results show strength and resilience, with a debt-free balance sheet and a simplified structure built for sustainability.
But beyond the numbers, we measure success by the value we deliver for our customers. This years Value for Money (VfM) statement shows Sparrow already delivering more for less:
Costs per home nearly half the sector average (£2,735 vs £5,768)
Operating margins that outperform peers (63% on lettings, 35% overall)
Strong rent collection - with arrears kept at just 1.1%
