Nottingham success story sees turnover and profits jump
The holding company behind Nottingham-based property firm Bildurn has nearly doubled its turnover and posted a substantial increase in profits, recently filed accounts reveal.
SJC 15, which encompasses a number of firms including Bildurn Properties, Bildurn Estates and music venue operator and promoter DHP Family, saw its turnover increase from £34 million in 2017 to nearly £60.5 million by the end of 2018.
The company also posted an increase in its gross profits, which rose from just over £12 million to nearly £15.5 million.
Bildurn Properties is currently working on a scheme at 11 Station Street in Nottingham to create a block of much-needed Grade A office accommodation.
Its previous projects include the refurbishment of Cobden Chambers in the city centre and The Pod, a mixed-use development at the top of Fletcher Gate that houses a branch of Tesco and an Ibis Hotel.
DHP Family owns and operates 8 music venues across three cities, including the iconic Rock City in Nottingham, and is responsible for promoting the city’s popular Splendour Festival.