Peterborough housebuilder supported creation of 2,000 plus jobs in a year that saw profits and turnover soar
A Peterborough-based housebuilder has supported the creation of more than 2,000 jobs during a year in which its profits and turnover have soared.
Allison Homes, which has its head office at Fleet House, Cygnet Road, Hampton, says it has helped with the creation of 2,807 jobs at its sites in the last year.
Despite numerous challenges, the developer has achieved a total of 808 completions during the year, a substantial increase from 626 in the previous year.
This included 299 open market sales compared to 246 in 2024, and 509 affordable homes compared to 380 in the previous year.
Over the same period, the homebuilder saw a 30 per cent increase in turnover to £211.9 million – up from £163.2 million in the previous year.
Earnings before tax increased to £15.5 million up from £10.9 million in 2024.
Its gross profit increased to £30.5 million – up from £24.3 million in 2024.
John Anderson, chief executive of Allison Homes, said: “This past year has demonstrated the resilience and strength of our model.
"While the wider economic environment remains tough, our deliberate lean towards Partnerships, alongside our open market and affordable homes, has driven strong financial and operational growth.
“Delivering 808 homes is a testament to the hard work of our team and our commitment to being a homebuilder that people can trust.
Mr Anderson added: “We have also successfully expanded across our four regions, including opening a new East Midlands headquarters.
"We also achieved consent for a further 1,770 homes, with a further 14 sites for 1,460 homes in the planning pipeline.
He added: "We remain confident that this momentum will keep us firmly on track to achieve our objective of building 2,000 homes annually by 2028.”
Over the year, Allison Homes also contributed more than £5 million towards local infrastructure, diverted 98 per cent of construction waste from landfill, and donated £111,067 to charitable causes.