This developer specialises in purposebuilt apartments designed to meet the needs of independent retired people. Headed by brothers Spencer and Clinton McCarthy, 51 and 52 respectively, the Hampshire business completed its first specialist retirement development in 2001 and since then profits have taken off. It now operates from six regional offices, employing more than 500 staff. Growing demand from an ageing population helped Churchill increase the number of properties sold by 17% to 574 last year, pushing profits to £62.8m.
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