Award-winning housebuilder The Hill Group has announced record financial results for the year ending 31 March 2025, marking its second consecutive year of historic growth.
The company reported a turnover of £1.15 billion and a pre-tax profit of £90.5 million, completing more than 2,800 new homes across its operations. The figures cement Hill’s position among the UK’s top 10 housebuilders by revenue and represent the successful culmination of its five-year business plan launched in 2020.
Hill’s strong performance was underpinned by its diversified business model. The Group’s private housing arm, Hill Residential, maintained steady demand despite ongoing market uncertainty, with sales accelerating in the final quarter. The division achieved an average selling price of £613,000 and entered the new financial year with 40% forward sales.
Meanwhile, Hill Partnerships, responsible for delivering affordable homes for Registered Providers and Local Authorities, surpassed expectations. Particularly strong activity was reported in London and special projects, with growth also recorded in the northern and southern Home Counties.
The Group also made strategic progress in the Build-to-Rent (BTR) sector, securing two major forward-funded deals: 264 homes at Nexus in Stevenage and 365 homes at Dagenham Green in partnership with Peabody. These projects signal increasing institutional confidence in Hill’s delivery model and bolster the resilience of its development strategy.
Over the year, Hill invested £77.9 million in new land, bringing total land and work-in-progress holdings to £638.9 million. Net assets rose to £431.8 million, and the Group ended the year with net cash of £118.3 million, having fully repaid its revolving credit facility.
The Group’s development pipeline now includes over 32,000 homes, with 10,200 having full planning consent, 1,500 under control subject to planning, and a strategic landbank of 20,300 units. The pipeline is projected to generate more than £12.5 billion in gross development value. Hill’s contracting pipeline also grew substantially, reaching £4.8 billion—up from £3.7 billion the previous year.
This year’s results build on a previous milestone, when Hill surpassed £1 billion in revenue for the first time during the 15-month reporting period ending March 2024, achieving profits of £70 million.
Andy Hill OBE, Founder and Group Chief Executive, praised the team’s resilience: “These results reflect the outstanding work of our people and partners in what remains a challenging market. To surpass our previous record in a twelve-month period is a fantastic achievement and a real credit to the strength of our business model, the quality of our homes, and the determination of everyone across the Group. As we report on our 25th year of business, I couldn’t be prouder of what we’ve accomplished together.”
In addition to strong financials, Hill expanded its footprint with major regeneration projects in London, Bristol, and Coventry. It also reinforced joint venture partnerships with several housing associations and invested internally by doubling its graduate trainee intake to 40 and appointing new senior leaders.
Sustainability and social responsibility remained a core focus. Hill earned its first Gold award in the NextGeneration ESG benchmark, rising from fifth to third place and retaining its status as the UK’s top-ranked privately owned housebuilder for a fourth consecutive year. The Group also advanced its Foundation 200 initiative, which delivers modular homes for people experiencing homelessness, and extended its involvement in the Government’s Released on Temporary Licence scheme, which supports prisoner rehabilitation through construction employment.
Looking ahead, The Hill Group is launching a new five-year business plan (2025–2030), targeting continued growth in Build-to-Rent, estate regeneration, and the creation of new towns, while maintaining its emphasis on partnership-led and mixed-tenure developments.
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