The Croudace Homes Group Annual Report and Accounts for 2010 make impressive reading.
In a year that saw the fragile UK housing market suffer generally, turnover for the Group increased by 10% to £97.6m, and profit before tax and dividends
increased by 281% to £5.9m. At the end of a most successful year, the net worth of the Group increased to £80.5m, with
net cash in hand standing at £12.1m.
The Company is funded through equity and bank loans. A new facility was recently agreed with three High Street banks, which gives greater operating freedom to maximise opportunities for carefully controlled future growth.
Annual Reports and Accounts
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2010 Report
2009 Report