Adra
Adra is the largest housing association in North Wales, managing over 7,000 social homes and serving 16,000+ customers across Gwynedd, Conwy, Denbighshire, and Wrexham through social rent, supported housing, shared ownership, and intermediate rent tenures, with an 800-new-home development pipeline to 2030.
- Company typePrivate
- Founded2010
- HeadquartersBangor, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Adra does
Adra (Tai) Cyfyngedig is a registered society under the Community Benefit Societies Act 2014 (Registered Society Number 30776R) and a Registered Social Landlord (L152), operating as the largest housing association in North Wales. Headquartered in Bangor, Gwynedd, the organisation manages over 7,000 homes and serves more than 16,000 customers across Gwynedd, Conwy, Denbighshire, and Wrexham. It employs 251–500 staff and provides social rented housing, supported housing for over-55s, intermediate rent through Tai Teg, shared ownership, and Rent to Own tenures. Revenue is generated primarily through weekly rents (ranging from £75.43 for a bedsit to £144.64 for a four-bedroom house), service charges (£13.61–£51.24/week), Welsh Government Social Housing Grants and TACP funding, and bank debt facilities (£85m raised across NatWest and Principality Commercial in 2026). The platform incorporates innovative elements including a first-of-kind QR-tracking and carbon calculation construction waste pilot, the Tŷ Gwyrddfai decarbonisation hub in Penygroes, and the Academi Adra skills academy, alongside a target to deliver 800 new homes by 2030 targeting EPC Band A energy efficiency.
Adra's go-to-market operates through a hybrid direct and partnership model: tenants apply either through the SARTH housing register (covering Gwynedd, Conwy, Denbighshire) or the Tai Teg affordable housing register, with properties listed on adra.co.uk and enquiries handled via a centralised Lettings Team (0300 123 8084). Distribution is supplemented by direct relationships with local authorities and community organisations, while marketing relies on a Welsh/English bilingual website, Facebook, Instagram, and LinkedIn presence, email newsletters, and community consultations. The business model is fundamentally that of a regulated, non-profit landlord with development-led growth — rents and service charges cover operating costs while grant and debt capital funds expansion of housing stock, energy efficiency upgrades, and decarbonisation infrastructure.
Strategically, Adra is in an active expansion phase, having secured the first green regulatory rating awarded to a Welsh housing association without recommendations for improvement, and is positioning itself as the regional leader in sustainable, EPC Band A social housing across North Wales.
Adra firmographics
Firmographics- Name
- Adra
- Legal name
- Adra (Tai) Cyfyngedig
- Website
- https://www.adra.co.uk
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Adra is the largest housing association in North Wales, managing over 7,000 social homes and serving 16,000+ customers across Gwynedd, Conwy, Denbighshire, and Wrexham through social rent, supported housing, shared ownership, and intermediate rent tenures, with an 800-new-home development pipeline to 2030.
- Ownership category
- akta.pro rank
Where Adra is headquartered
LocationHeadquarters
- HQ city
- Bangor
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Adra business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Social housing rent: Weekly rent payments from tenants occupying social housing properties. Rents range from approximately £75 to £145 per week depending on property type and location. This forms the core recurring revenue stream.
- Service charges: Additional charges applied to cover communal services including building insurance, cleaning, communal electricity, grass cutting, grounds maintenance, and estate management security. These are variable charges based on services provided to specific properties.
- Development and grant funding: Capital funding from Welsh Government grants, social loans from banks, and refinance packages to support development programmes and investment in existing housing stock. Includes Social Housing Grants and Transitional Accommodation Capital Programme (TACP) funding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Weekly | Weekly social housing rent ranging from £75 to £145 |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Adra product offering
Product offeringCore offering
Adra is a social housing association providing affordable rented homes across North Wales (Gwynedd, Conwy, Denbighshire, Wrexham), managing over 7,000 properties for more than 16,000 customers. It delivers social rented housing, intermediate rent, shared ownership, rent to buy, and supported housing for over 55s, alongside new-build housing developments targeting EPC Band A energy efficiency, with a target of 800 new homes by 2030.
Product overview
Adra is a housing association (Cymdeithas Dai) operating as a unified product and service platform for social housing in North Wales. The core offering encompasses social rented homes, affordable housing through Tai Teg partnerships, supported/sheltered housing for people aged 55+, and intermediate tenure options including Rent to Buy and Shared Ownership. The portfolio includes new property developments across multiple counties (Gwynedd, Conwy, Denbighshire, Wrexham), with features such as Tŷ Gwyrddfai (decarbonisation hub), Academi Adra (skills academy), and innovative QR-tracking construction waste monitoring. Additional services include community investment grants, energy efficiency improvements, and tenant support programmes.
Differentiator
Problem solved
Functional benefit
Brands
- Academi Adra: Skills development and employment support programme for tenants and local community members.
- Tŷ Gwyrddfai
Products and services
- Social Rented Housing (Rhent Cymdeithasol) Affordable social rented homes managed by Adra across North Wales (Gwynedd, Conwy, Denbighshire, Wrexham), forming the core housing product for over 16,000 customers across more than 7,000 properties with weekly rents ranging from £75 to £145 depending on property type and location.
- Intermediate Rent (Tai Teg Affordable Housing) Intermediate rented properties delivered through the Tai Teg affordable housing partnership, providing rent levels between social rent and market rent for households that earn too much for social housing but cannot afford market rent.
- Shared Ownership Home ownership scheme enabling buyers to purchase a share of a property and pay rent to Adra on the remaining share, delivered via the Tai Teg partnership to support accessibility into home ownership.
- Rent to Buy Intermediate tenure option allowing tenants to rent initially with the option to eventually purchase the property, providing a pathway to homeownership for those unable to access traditional mortgages.
- Supported Housing (Tai Cefnogol) Independent living scheme for people aged 55 and over with additional support services including warden service, emergency call bell systems, and communal facilities, with weekly rents of £101.66–£105.57 for sheltered housing units.
- New Property Developments New-build housing developments of mixed tenure across Gwynedd, Conwy, Denbighshire, and Wrexham counties, including social rent and intermediate rent homes, with new properties targeting EPC Band A energy-efficiency ratings.
- Community Investment Fund Grant programme providing up to £1,000 to community and voluntary groups to improve communities and the lives of residents in North Wales areas served by Adra.
Quantifiable outcome
- Over 7,000 homes managed across North Wales
- +3 more outcomes
Companies that use Adra
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles3 records
Adra technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature2 records
Adra partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered supporting and core.
- Clarke WillmottsupportingLaw firm Clarke Willmott advised Principality Commercial on the £20m funding package for Adra, providing legal counsel on the investment transaction.
- Gwynedd Council (implied partnership)corePartnership in Gwynedd, Wales launched a pilot project using QR-tracking technology and real-time carbon calculation to monitor construction waste from a new social housing development of 34 houses and 14 flats at Cae Incline Fields in Llandygai. The initiative prepares participants for upcoming Digital Waste Tracking (Wales) Regulations 2026.
- SARTH (Single Access Route to Housing)coreHousing register partnership across Gwynedd, Conwy, Denbighshire enabling single access route for social housing applications. Tenants must register through SARTH to be nominated for properties.
- Tai TegcoreAffordable housing register partnership for intermediate rent, rent to buy, and shared ownership schemes across North Wales. Partners for providing housing options beyond traditional social rent.
- Local contractorssupportingLocal contractors engaged for construction and development projects across North Wales, working in partnership with Adra and local authorities on housing schemes.
- Conwy CouncilcorePartnership with Conwy Council for housing development across the county, with work on over 50 new units underway. Adra was welcomed as a partner of choice by Conwy Council.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Adra competitors and assessment
Company assessmentDirect peers
- Hafod Housing Association: South Wales housing association providing general needs, sheltered, and extra-care housing. Closely comparable operating model and tenant segments, though serving a different Welsh region.
- United Welsh: Welsh housing association operating primarily across South and South East Wales with a comparable mix of social rent, intermediate rent, and shared ownership. Similar Registered Society structure and Welsh Government regulatory exposure.
- Cartrefi Conwy: A housing association operating in Conwy county in North Wales. Directly comparable to Adra as a regional social housing provider in an overlapping geography with similar tenure mix and tenant base.
- Clwyd Alyn Housing Association: North Wales-based housing association providing social and affordable housing across Conwy, Denbighshire, Flintshire, and Wrexham. Operates with a similar tenant profile and supported housing offering to Adra in overlapping North Wales counties.
- Wales & West Housing: One of the largest housing associations in Wales, providing social and intermediate rented housing. Comparable in business model (registered society / RSL), funding approach, and development pipeline, though with broader geographic reach across South and West Wales.
- Coastal Housing Group: Swansea-based housing association offering social rent, intermediate rent, and market rent properties. Directly comparable in product offering and operating model, though focused on South West Wales rather than North Wales.
- Tai Calon: Blaenau Gwent-based housing association offering social and affordable housing. Comparable as a mid-sized Welsh RSL with similar governance, regulatory oversight, and tenant mix.
- Pobl Group: Large Welsh housing association providing social rent, supported housing, and care services across South Wales and parts of Mid Wales. Directly comparable in operating model, regulatory standing, and mixed-tenure approach to Adra.
Broad incumbents
- Peabody: One of the UK's largest housing associations with a portfolio of over 104,000 homes across London and the South East. Comparable in core social housing proposition but vastly larger scale and broader geographic footprint, making it a broad incumbent rather than direct competitor.
- Clarion Housing: Largest housing association in the UK with around 125,000 homes. Similar social/affordable housing proposition to Adra but operating at national scale with significant development, supported housing, and care services portfolios.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Adra social profiles
Digital presenceAdra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Adra leadership team
Management profileNumber of profiles
Profiles5 records
Adra funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Adra M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Adra
What does Adra do?
Adra is a social housing association providing affordable rented homes across North Wales (Gwynedd, Conwy, Denbighshire, Wrexham), managing over 7,000 properties for more than 16,000 customers. It delivers social rented housing, intermediate rent, shared ownership, rent to buy, and supported housing for over 55s, alongside new-build housing developments targeting EPC Band A energy efficiency, with a target of 800 new homes by 2030.
Is Adra a public or private company?
Adra is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Adra founded?
Adra was founded in 2010. It employs 251 to 500 people.
Where is Adra based?
Adra is headquartered in Bangor, United States, in the North America region.
How does Adra make money?
Three revenue lines are on record. Social housing rent is the primary driver. The others are service charges and development and grant funding.
Who are Adra's main competitors?
Direct peers on record are Hafod Housing Association, United Welsh, Cartrefi Conwy, Clwyd Alyn Housing Association, Wales & West Housing, Coastal Housing Group, Tai Calon and Pobl Group. Broad incumbents are Peabody and Clarion Housing.
Does Adra have an API?
No public API is recorded for Adra.