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.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyChurchill Retirement Living
ActivityRetirement housebuilder
Annual profit growth94.63%
Latest profits £000s*62,781
Latest sales £000s*186,956

If applicable:

* supplied by company † annualised figure