Urban Splash slumps to £3.4m loss

By Joey Gardiner2020-10-05T08:50:00

Result follows demerger of modular housing business without receiving payment

Regeneration developer Urban Splash fell to a pre-tax loss of £3.4m in the year to 30 September 2019 after demerging its modular housing business without receiving payment.

The loss, from turnover of £30.5m, compares to profit for the previous year of £21.2m on turnover of £36.3m.

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