Northumberland house-builder has growth plans
Ascent Properties director Paul Errington Ashington-based Ascent Properties, owned by Northumberland County Council, has no longer too prolonged ago grown from 40 to 70 workers and now has ambitions to bear larger than 100 workers at some stage within the next year. Ascent Properties plans to add four new sites across the northeast, to carry
Ashington-based Ascent Properties, owned by Northumberland County Council, has no longer too prolonged ago grown from 40 to 70 workers and now has ambitions to bear larger than 100 workers at some stage within the next year.
Ascent Properties plans to add four new sites across the northeast, to carry its portfolio of sites to 14 by 2027, equalling roughly 1,300 properties.
Ascent Properties is the trading name of Attain Northumberland (Trends) Ltd, the dwelling-constructing arm of the county council’s regeneration industry. Its most newest filed accounts voice a pre-tax lack of on the subject of £1m within the year to 31st March 2023 on £23m turnover.
Director Paul Errington mentioned: “With our properties being within the neutral county of Northumberland, now we bear viewed of us across the UK exhibiting an elevated interest in our beautifully located traits, especially for the reason that pandemic.
“This has fuelled our ambitions for sustainable growth, no longer intelligent in Northumberland nonetheless across the wider pickle. Our growth is supported by newly secured land opportunities, which is ready to enable us to introduce new and practical housing alternatives to more communities across the pickle.”
“Our turnover used to be circa £30m final year, and we’re confident that we can double that within the following couple of years.”
Ascent Properties has constructed 600 properties to this level.
Aloof traits are in Alnwick, Blyth, Choppington, Ellington and Wooler, with plans to impact more in Berwick-upon-Tweed, Bellingham and Hadston this year.
Paul Errington added: “It’s an extraordinarily thrilling time for Ascent Properties. Our subsequent chapter provides hundreds opportunities for locals, patrons, suppliers, and landowners. As we continue to grow, we stay dedicated to providing the factual housing, within the factual areas, on the factual designate for the of us of the northeast.”
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