Caddick’s profits plunge 95% as it builds strategic land holdings
Caddick Group has suffered a 95% plunge in profits as the lucrative development disposals that powered its recent earnings came to an end.
The Wetherby-based group said the figures reflect the "cyclical nature of property development" as it emphasised achieving a 14th-consecutive year of profitability while continuing to invest.
Pre-tax profits were £1.4m in the 12 months to August 2025, down from £28.8m, while group turnover slipped 11% to £539m. The scale of the profit fall reflected the disappearance of the large, high-mar... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
