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Birmingham Post
Birmingham Post
Business
Jon Robinson

Spike in turnover and profits for regeneration company Urban Splash

Regeneration company Urban Splash has revealed a spike in its turnover and pre-tax profits.

The Manchester-headquartered business, which also has properties in Sheffield, Birmingham, Cambridge, Bristol and Bradford, has posted a turnover of £66.5m for the 12 months to the end of September 2021, a rise of 69%. Its pre-tax profits also jumped by 102% to £8.5m, the company added.

Urban Splash added that its net assets increased by £4m to £36.8m and third party debt was reduced by £9.6m to £59m.

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