Newett Homes
Financials
Estimates*
GBP | 2021 | 2022 |
---|---|---|
Revenues | 16.3m | 32.2m |
% growth | - | 98 % |
EBITDA | 3.2m | 4.3m |
% EBITDA margin | 19 % | 13 % |
Profit | 2.6m | 3.3m |
% profit margin | 16 % | 10 % |
Date | Investors | Amount | Round |
---|---|---|---|
* | £10.0m | Growth Equity non VC | |
* | £5.5m | Debt | |
Total Funding | - |
Recent News about Newett Homes
EditNewett Homes specializes in delivering high-quality new build properties in the most sought-after locations in Yorkshire. The company focuses on using the best materials and highly skilled workmanship to create homes that offer a blend of contemporary comfort and luxurious modern living. Newett Homes caters to discerning home buyers who are looking for premium properties in prime locations. The business operates in the residential real estate market, specifically targeting the high-end segment. Newett Homes generates revenue through the sale of these premium properties, often leveraging schemes like 'Help to Buy' which allows buyers to purchase homes with just a 5% deposit. The company's developments include a range of 3, 4, and 5-bedroom homes in various locations such as Rotherham, Thirsk, and Huddersfield. By focusing on quality and customer experience, Newett Homes aims to provide an unparalleled homebuying experience.
Keywords: luxury homes, new build, Yorkshire, high-quality materials, skilled workmanship, contemporary comfort, modern living, premium properties, Help to Buy, residential real estate.