OverviewSuggest Edit

Crest Nicholson is a leading residential developer whose mission is to be the market leader in the design and delivery of sustainable housing and mixed use communities. We aim to improve the quality of life for individuals and communities, both now and in the future, by providing better homes, work places, retail and leisure spaces. With a portfolio of developments across the southern half of England, located in prime locations and delivered in a responsible and sympathetic way, Crest Nicholson is able to provide homes and communities which our customers can be proud of. Ultimately it is the opinion of our customers which we hold in the highest regard, with nine out of ten willing to recommend us to a friend.
The Group operates across five regional house building divisions and a sixth Major Projects division which specialises in partnership delivery across large scale residential and mixed use projects. A further Strategic Projects division focuses on sourcing land for medium to longer term development. Crest Nicholson employs over 800 people, all contributing their expert skills and knowledge to ensure a solid foundation from which the business can develop and grow. It is through Crest Nicholson’s experienced and successful Executive team along with a unified and strong management structure which enables the business to deliver award winning developments, from complex urban regeneration schemes through to smaller scale traditional housing developments. We encourage the professional development of all our employees through training and career development plans. We pro-actively promote our Apprenticeship and Graduate training programmes where we are able to develop and nurture the housing industry’s leaders of tomorrow and we are proud that 10% of our workforce are apprentices.
The Group successfully listed on the London Stock Exchange in February 2013, having previously been listed for 39 years of its 50 year history.

TypePublic
Founded1963
HQChertsey, GB
Websitecrestnicholson.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Oct 2017)905(+7%)
Revenue (FY, 2018)£1.1 B(+9%)
Share Price (Sept 2021)£3.9(-2%)
Cybersecurity ratingBMore

Key People/Management at Crest Nicholson

Duncan Cooper

Duncan Cooper

Group Finance Director
Peter Truscott

Peter Truscott

Chief Executive
Tom Nicholson

Tom Nicholson

Chief Operating Officer
Lucinda Bell

Lucinda Bell

Non-Executive Director
Louise Hardy

Louise Hardy

Non-Executive Director
Octavia Morley

Octavia Morley

Senior Independent Director
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Crest Nicholson Office Locations

Crest Nicholson has offices in Chertsey, Brentwood, St Albans, Stoke Gifford and in 1 other location
Chertsey, GB (HQ)
Crest House Pyrcroft Rd
Brentwood, GB
9 Brook St
St Albans, GB
Griffiths Way
Stoke Gifford, GB
Crest House, Lime Kiln Cl
Wilnecote, GB
Relay Point, Green Ln
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Crest Nicholson Financials and Metrics

Crest Nicholson Revenue

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Crest Nicholson's revenue was reported to be £1.14 b in FY, 2018 which is a 8.9% increase from the previous period.
GBP

Revenue (FY, 2018)

1.1b

Revenue growth (FY, 2017 - FY, 2018), %

8.9%

Gross profit (FY, 2018)

244.3m

Gross profit margin (FY, 2018), %

21.5%

Net income (FY, 2018)

134.0m

EBITDA (FY, 2018)

182.2m

EBIT (FY, 2018)

180.3m

Market capitalization (15-Sept-2021)

1.1b

Closing stock price (15-Sept-2021)

3.9

Cash (31-Oct-2018)

73.9m

EV

1.0b
Crest Nicholson's current market capitalization is £1.1 b.
GBPFY, 2016FY, 2017FY, 2018

Revenue

997.0m1.0b1.1b

Revenue growth, %

24%5%9%

Cost of goods sold

749.9m780.3m891.8m

Gross profit

247.1m262.9m244.3m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

18.3m27.0m35.1m41.7m23.8m47.6m18.3m55.2m10.9m57.0m29.3m10.3m39.8m4.5m4.0m14.6m2.7m12.2m10.8m20.0m23.8m39.7m73.9m

Accounts Receivable

82.4m71.7m104.2m107.7m127.8m186.9m135.0m113.6m228.8m199.2m55.6m54.1m25.2m28.1m12.0m26.8m36.5m38.8m50.2m84.4m77.0m

Inventories

180.0m248.0m307.5m338.3m390.6m475.6m598.3m651.6m771.9m640.1m713.7m855.5m594.1m575.9m618.0m698.6m900.7m967.6m981.0m1.1b1.2b

Current Assets

293.7m360.0m461.3m514.7m583.8m737.4m786.4m832.7m1.0b920.3m816.3m936.7m670.9m533.7m637.7m637.2m662.2m754.8m958.4m1.0b1.1b1.3b1.4b
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

6.8m13.8m19.2m27.3m33.8m36.9m44.0m51.6m57.0m54.7m57.6m48.7m13.4m12.3m(2.0m)(2.3m)36.3m35.2m67.4m99.7m138.5m153.6m134.0m

Cash From Operating Activities

20.0m15.4m22.1m28.5m33.5m12.8m15.1m88.7m41.6m93.2m21.8m(27.2m)(2.6m)14.5m(22.5m)(4.9m)3.1m15.6m1.6m9.7m32.2m

Dividends Paid

4.6m5.9m7.1m8.5m9.5m10.8m12.4m14.3m15.8m16.6m14.9m28.0m

Cash From Financing Activities

(13.0m)6.4m47.7m6.6m(20.7m)52.2m5.7m(13.9m)52.0m18.8m(71.2m)17.8m15.7m11.2m(10.9m)(13.8m)(7.4m)(1.8m)(1.9m)
GBPFY, 1996

Financial Leverage

2.3 x
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Crest Nicholson Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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Crest Nicholson Online and Social Media Presence

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Crest Nicholson News and Updates

Booming property market helps housebuilder Crest Nicholson swing to profit

Soaring house prices and a flurry of activity in the market helped Crest Nicholson move from a loss to a The post Booming property market helps housebuilder Crest Nicholson swing to profit appeared first on CityAM.

Crest Nicholson sells stake in Surrey film studio for £45m

UK property developer Crest Nicholson has sold its 50 per cent stake in a film studio joint venture for £45m.  The post Crest Nicholson sells stake in Surrey film studio for £45m appeared first on CityAM.

Crest Nicholson cuts jobs as it suffers £51m loss

Housebuilder Crest Nicholson is looking to axe around 130 jobs after reporting a £51m loss in the first half of The post Crest Nicholson cuts 130 jobs as it suffers £51m loss in first half of the year appeared first on CityAM.

Crest Nicholson cancels dividend and guidance on coronavirus concerns

Housebuilder Crest Nicholson has cancelled payment of its final dividend and withdrawn its full-year financial guidance due to the coronavirus The post Crest Nicholson cancels dividend and guidance on coronavirus concerns appeared first on CityAM.

Crest Nicholson blames Brexit for profit plunge

Crest Nicholson’s profit plunged 39 per cent to miss revised forecasts in a terrible year for the housebuilder, it said [...] The post Crest Nicholson blames Brexit uncertainty for profit plunge appeared first on CityAM.

Former Stobart chair takes charge at Crest Nicholson

Crest Nicholson has installed Stobart chair Iain Ferguson as its non-executive chairman, as the house builder completes its refurbishment of [...] The post Former Stobart chair Iain Ferguson takes charge at house builder Crest Nicholson appeared first on CityAM.
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Crest Nicholson Frequently Asked Questions

  • When was Crest Nicholson founded?

    Crest Nicholson was founded in 1963.

  • Who are Crest Nicholson key executives?

    Crest Nicholson's key executives are Duncan Cooper, Peter Truscott and Tom Nicholson.

  • How many employees does Crest Nicholson have?

    Crest Nicholson has 905 employees.

  • What is Crest Nicholson revenue?

    Latest Crest Nicholson annual revenue is £1.1 b.

  • What is Crest Nicholson revenue per employee?

    Latest Crest Nicholson revenue per employee is £1.3 m.

  • Who are Crest Nicholson competitors?

    Competitors of Crest Nicholson include Galliford Try, Lxb Retail Properties and James Halstead.

  • Where is Crest Nicholson headquarters?

    Crest Nicholson headquarters is located at Crest House Pyrcroft Rd, Chertsey.

  • Where are Crest Nicholson offices?

    Crest Nicholson has offices in Chertsey, Brentwood, St Albans, Stoke Gifford and in 1 other location.

  • How many offices does Crest Nicholson have?

    Crest Nicholson has 5 offices.