VISTRY GROUP PLC

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6%

  £3,564,200,000 → £3,779,300,000

• Cash

  -38.5%

  £9,100,000 → £5,600,000

• Net assets

  -2.1%

  £3,303,900,000 → £3,235,900,000

• Employees

  -6.2%

  4,872 → 4,569

• Operating profit

  -44.3%

  £300,000,000 → £167,000,000

• Profit before tax

  -64.2%

  £293,000,000 → £104,900,000

• Wages

  -10.2%

  £342,200,000 → £307,300,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. VISTRY GROUP PLC 2020-01-03 → present
2. BOVIS HOMES GROUP PLC 1997-11-04 → 2020-01-03
3. BOVIS HOMES INVESTMENTS LIMITED 1978-12-31 → 1997-11-04
4. BOVIS HOMES LIMITED 1976-12-31 → 1978-12-31
5. BOVIS HOMES INVESTMENTS LIMITED 1935-11-04 → 1976-12-31

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board considered it appropriate to prepare the financial statements on the going concern basis, as explained in the basis of preparation paragraph in Note 1.4 of the financial statements. The Directors therefore consider that the preparation of the financial statements on a going concern basis is appropriate.”

Group structure

1. VISTRY GROUP PLC · parent
   1. Bovis Homes (Broadbridge Heath) Limited 100% · UK · Residential Property Development
   2. Emerald (Eating) LLP 100% · UK · Property Development
   3. Bovis Homes North Whiteley LLP 100% · UK · Property Development
   4. Fairfield Redevelopments Limited 100% · UK · Property Development
   5. Brunel Street Works Energy Services Limited 100% · UK · Property Development
   6. Crayingwell Energy Services Limited 100% · UK · Property Development

Significant events

• “The Group delivered growth in revenue and completions, however, market conditions continued to be challenging, particularly for Open Market sales. The cost forecasting issues that were identified in our South Division in the last quarter of the year significantly impacted adjusted and reported profit before tax.”
• “The 2023 comparative figures have been restated to correct the error that arose as a result of the cost forecasting issues in the South Division.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

18

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.