FINANCE

Croydon-owned developer slumps to £800k loss

Losses at Croydon LBC’s property development firm have continued to grow, according to newly filed accounts.

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By Martin Ford | 01 April 2021

Losses at Croydon LBC's property development firm have continued to grow, according to newly filed accounts.

The independent auditor concluded there was ‘material uncertainty in respect of going concern' after Brick By Brick recorded a loss of £803,451 for 2020, compared to losses of £657,611 in 2019.

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Martin Ford

Popular articles by Martin Ford

  1. Special educational needs statutory override is 'abomination'
  2. McMahon: No cap on devo priority programme
  3. Social care reform requires 'political courage'
  4. Rayner rejects reorganisation 'distraction' claim
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