A Cheshire-headquartered land promoter has hailed the "pleasing level of profit" it achieved in the year before its £250m takeover by Barratt Developments.
Newly-filed accounts for Gladman Developments have revealed its financial performance for the year before the deal with the housing giant was announced at the end of January.
The business has operated as a stand-alone firm and has continued to be led by its management team.