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PRIVACY
Manufacturing

Family firm behind Bloor Homes and Triumph Bikes sees profits edge closer to £200m

Bloor Homes, based in Leicestershire, was launched by former plaster John Bloor in 1969

Bloor Homes has had a good few years

The family business behind Bloor Homes and Triumph Motorcycles is edging towards profits of £200 million a year.

Bloor Investments made £192 million in pre-tax profits in the year to June 30 – up from £188 million.

Group turnover hit almost £1.7 billion, which was up from £1.5 billion.

Bloor Homes, which is based in Measham, in north west Leicestershire, dates back to 1969 when it was launched by former plaster John Bloor.

A recovery in the housing market, rising values and ultra-low interest rates have all boosted the housebuilding side of the business.

New accounts show gross margins were around 20 per cent on the 3,760 new homes it completed last year – which was 500 more homes than a year earlier as a result of more sites.

(Image: Copyright unknown)

The average house price dropped £2,000 to £296,000.

The accounts state: “The housing market has been strong as a result of mortgage finance products at affordable levels and loan-to-value ratios.