Caddick Group has reported a “resilient performance” in its annual report for the year to the end of August 2025, with turnover for its construction arm up 5.6% year on year, despite an overall drop of 10%.
Caddick Group reported full-year turnover of £539m, down from the previous year’s £603.6m.
Caddick Construction achieved record turnover of £375m, up from the £355m a year before, but the construction arm’s profits fell to £4.5m, down from the previous year’s £6.2m.
Paul Dodsworth, managing director of Caddick’s construction division, said: “Despite a challenging market marked by inflation, regulatory changes and supply chain volatility, our team’s resilience delivered record turnover.
“We have strong pipeline visibility and confidence in our future growth. We continued to invest in our people, welcoming 100 new colleagues and supporting 26 apprentices, while spending £189m locally through our Places for Life strategy.”
In February, Caddick took 100% ownership in Moda Living after it acquired Generate Land’s stake in Moda for an undisclosed sum.
Moda Living’s turnover also dropped 27.6% year on year from £173.3m to £125.4m.
Paul Caddick, chairman of the Caddick Group of companies, said: “This has been a year that demonstrates the resilience and breadth of the Caddick Group.
“While market conditions remain challenging, the strength of our construction business, the continued maturity of Moda Living and the quality of our I&L and residential pipelines mean we are well positioned for the long term and are well-placed to weather economic uncertainty.
“We remain focused on investing throughout the cycle to create lasting value through high‑quality developments, strong delivery capability and assets that support communities. With a diversified portfolio and a robust balance sheet, we are confident in the group’s ability to continue to progress as market conditions improve.”
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