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Housing Today
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Avant Homes reports pre-tax loss of £3m
Housebuilder’s 2021 accounts hit by cost of sale to Berkeley DeVeer, but show revenue returning to pre-covid level
Avant Homes fell to a £3m pre-tax loss in the year to April 2021, despite revenue recovering strongly from its covid-hit 2020 results.
The Chesterfield-based housebuilder, which was taken over by Yorkshire SME builder Berkeley DeVeer this year, built 1,921 homes in the period, up on the 1,759 built in the year to May 2020, and brought in revenue of £505m.
The revenue figure was up 13% on the year before and also above the pre-covid 2019 figure of £483m.
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