Avant Homes has risen 15 places to number 31 in this year’s Sunday Times Grant Thornton Top Track 250 – which ranks Britain’s private mid-market companies with the biggest sales.
The listing follows a third consecutive year of record financial results for the housebuilder. For the year ended 27 April 2018, Avant Homes’ revenues were up 21 per cent to £447m driven by rapid growth in completions and a continued increase in its private average selling price. The group achieved 1,903 total completions, up 16 per cent on the previous year.
The Top Track 250 lists Britain’s private mid-market growth companies with the biggest sales. It is compiled by research and events company Fast Track and published in The Sunday Times each October
Avant Homes Chief Executive, Colin Lewis, commented: “Another remarkable year of record results has enabled us to leap up the Top Track 250 league table. This accolade is testament to the continued successful implementation of our growth strategy, the popularity of our product and the strength of our brand, all delivered by an outstanding team of people across the business.
“Our ongoing strong sales performance and highly effective land buying strategy continue to contribute to our forward momentum. All of this means we are moving ahead with confidence to achieve our next stated objective of doubling output to 4,000 homes a year and becoming a £1bn turnover business by 2023.”
Avant Homes employs more than 700 people and has five regional offices located in Stirling, Scotland; Sunderland, North East England; Wakefield, Yorkshire; Chesterfield, Derbyshire and Nottingham in the Midlands. The company’s head office is at Junction 30 of the M1, near Sheffield.