Home Commercial Property Skipton Properties reports strong financial results

Skipton Properties reports strong financial results

by Archit Chopra Journalist
5th Dec 19 1:44 pm

Family-owned property developer, Skipton Properties, has reported a successful year, increasing its turnover by 30% to £28.5m in 2018/2019, up £6.2m on the previous year.

The growth has been fuelled by an increase in house sales, with the Yorkshire-based business selling 25% more homes than the previous year.

Over the course of the financial year, which ran from June 2018 to July 2019, Skipton Properties, which is headquartered in Cross Hills, also made several internal changes, including appointing a new managing director.

Sarah Barraclough now leads the company in the role, after taking over from her father, Brian Verity, at the start of 2019 following 16-years working at the company in various roles.

Speaking about the latest results, she said, “The last year has been hugely successful for Skipton Properties and we’ve surpassed all our internal targets, proving that the need for a steady supply of high-quality new homes is stronger than ever.

“Despite current political uncertainty and market jitters, our homes have continued to sell, which is testament to the whole team. As a company we work tirelessly to only design and build the highest quality homes and to provide top class customer service throughout the whole sales process.

“We now employ 87 people and as a team, we will continue to build on this success over the coming year, with all sites currently on schedule and a number of exciting new sites in the pipeline.”

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