A leading Peterborough-based homes builder has seen its revenue hit £200 million plus as its creates more than 70 jobs.

Allison Homes, which is based at Fleet House, in Cygnet Park, Hampton, says it is putting its people first as the company embarks on a new period of growth.

It says the new growth follows ‘an exceptional year of workforce investment, key internal promotions and record business growth.’

Over the last year, during which Allison Homes grew revenue from £154 million to £202 million, the business has announced the recruitment of 79 new members of staff plus 26 promotions. alongside the £160,000 investment in training and development.

Peterborough's Allison Homes saw revenues hit £200 million last year during which it hired 79 more members of staff

placeholder image — Peterborough's Allison Homes saw revenues hit £200 million last year during which it hired 79 more members of staff

John Anderson, chief executive, said: “Last year was transformational for Allison Homes.

"We’ve delivered exceptional growth across every area of the business, built a solid foundation for future expansion, and strengthened our reputation as a trusted, high-quality regional homebuilder.

"Our people are the heart of Allison Homes.

“We’ve always believed that when our teams feel supported, they do their best work.

"We’re passionate about creating a culture where everyone has the opportunity to grow and succeed.”

During the year, the company acquired 11 new sites with a total gross development value of more than £500 million, including its largest site yet, a 510-home development in prime Bristol.

Completion of a new £165 million financing facility with HSBC, NatWest and Homes England was also agreed in December.

Mr Anderson said: “This marked a major milestone in the next stage of growth and will fuel Allison Homes’ ambitions to deliver up to 2,000 homes annually while continuing to invest in quality, customer satisfaction, and regional economies.

“The new financing deal is a real vote of confidence in our vision and our people.

"It gives us the means to move faster on land acquisition and development, keep expanding our Partnerships division, and stay true to our promise as the homebuilder people can trust.”

Among the promotions were Zoe Evans who stepped up to become Group HR Director, Julia Brass was promoted to Group Marketing Director and Alex Mayhew to Group Finance Director, with experienced legal specialist Alex Smith joining as Group Legal Counsel.