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This Chesterfield housebuilder closed sites in March as lockdown took effect, reopening in May with additional safety measures. It sells 2,000 homes a year — a figure it aims to increase significantly over the next three years. Positive conditions in the housing market and government initiatives helped annualised sales grow to £474.3m in 2019 under the leadership of chief executive Colin Lewis, 64. In February, the firm was reportedly being prepared for a £600m float or trade sale.

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Company details
CompanyAvant Homes
Sales £m474.3†
Operating profit £m47.1†
Main shareholdersAlchemy Special Opportunities, Angelo Gordon and Avenue Capital (100%)

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda