Retirement Villages Group makes a loss of £6.2m

Retirement Villages Group

Chief executive of the Retirement Villages Group Will Bax said the Covid pandemic had affected the firm’s financial performance

Later living developer Retirement Villages Group made a pre-tax loss of £6.2m in the year to 31 March 2021, according to accounts filed at Companies House.

The loss came despite the developer’s turnover rising year-on-year from £15.6m to £27.7m, which did help it stem the pre-tax loss of £8.2m seen in the previous year to the 2021 figure of £6.2m. 

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