Income also down against previous year extrapolated to match current reporting period
Chartway has fallen to a pre-tax loss in its latest annual results.
The housebuilder published financial accounts covering the 18 months to 30 November 2025, extended from 31 May “to align the Company’s reporting period with the revised financing arrangements and changes in ownership structure”.
Over the period, Chartway made a loss before taxation of £26.6m, compared with a £21.9m pre-tax profit in the 12-month period the year prior.
Turnover in the 18-month period was £101.4m, compared with £117.7m in the 12-month period the year prior.
However, the firm acknowledged that the “current period performance is lower than the comparative year, with the prior year being £152.1 million when extrapolated over 18 months”.
It recorded £14.5m in exceptional costs during the year.
Chartway said the government’s 1.5 million new homes pledge and £39bn commitment to affordable housing were “extremely positive” for the group.
“The group continues to invest in its partnership delivery model, reducing the level of private market sales across its portfolio,” it said.
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