Keepmoat delivers £18.5m of social value in 2019/20

Keepmoat Homes delivered £18.5m of social value in local communities in the year ending 31 October 2020, according to its latest set of financial figures.

The figures also show 70% of current developments are on brownfield sites and it was able to supportvulnerable victims of the Doncaster flooding through the refurbishment of uninsured flood-damaged homes.

Full year revenue was £406m for the 12 months to 31 October 2020, compared to £649.8m for the year to 31 October 2019.

And a total of 2,460 homes were sold in the year ending 31 October 2020, compared to 4,035 the previous year.

‘Our priority throughout the Covid-19 pandemic has been the safety and wellbeing of our people, our customers and the communities we work with,’ said chief executive, Tim Beale.

‘Despite the year’s challenges, our mixed-tenure partnership model has continued to set us apart, proving incredibly resilient and ensured we are bouncing back strongly and started the Spring selling season well.

‘We started the year with a strong first quarter, demonstrating good momentum following a record performance in the financial year ended 31 October 2019. With the arrival of the pandemic and safety our top priority, we closed all our sites in April 2020 and introduced rigorous Covid-safe working protocols and inspection regimes before undertaking a phased re-opening in May. We accelerated the digital transformation of our business, investing in our digital infrastructure to improve the customer sales journey, with online sales and appointment booking tools, as well as systems to strengthen build management.

‘We have made significant operational progress, successfully increasing our customer satisfaction scores to secure HBF 5* rating, reflecting the high quality of our homes and strong customer service. As the UK’s leading brownfield builder with over 70% of our current developments on brownfield land, we are firmly committed to sustainability and are proud of our strong social value credentials.’

Photo Credit – Supplied


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