Springfield Properties

This Moray builder makes a point of selling all its properties before it even breaks the turf. Pent-up demand for affordable housing meant purchasers queued at the Scottish firm’s office from 4am one Saturday last year, jostling to get one of the ten £135,000 homes it was about to start building. This former farming and property development business moved into construction in 1998 and now also offers planning, land maintenance and construction services to other developers. Under chairman Sandy Adam, the founder’s grandson, profits have grown 83% a year, from £635,000 in 2004 to £3.9m in 2007.

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Company details
CompanySpringfield Properties
Annual profit growth83.42%
Latest profits £000s3,919
Latest sales £000s27,846

If applicable:

* supplied by company † annualised figure