Specialist regeneration developer Urban Splash has fallen to a pre-tax loss of £2.9m and lost over a quarter of its staff according to annual accounts impacted by the collapse of its previously de-merged modular housebuilding joint venture.

The accounts for Urban Splash Group Holdings Ltd, which cover a 15-month period from October 2021 to the end of December 2023, report a sharp fall in turnover which the firm said was the result of the loss of “construction-related trading” with the failed modular joint venture, House by Urban Splash.

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