Caddick Group Leeds reports 14th consecutive year of profitability as construction arm delivers record £375m turnover, £1.4bn order book, and Moda Living builds 1,600 homes in the city
Yorkshire-based Caddick Group has reported £539 million in group turnover for the year ending August 2025, marking a 14th consecutive year of profitability. The family-owned business and owner of Leeds Rhinos and Headingley Stadium, saw its construction arm deliver a record £375 million turnover. That’s up 8% year-on-year and with a £1.4 billion forward order book. Meanwhile, its Moda Living platform now has more than 1,600 homes under construction in Birmingham and Leeds, with assets valued at over £2 billion.
Why This Matters For Leeds
Caddick is one of the most significant privately owned property and construction businesses in Yorkshire, deeply embedded in Leeds; from Headingley Stadium and Leeds Rhinos to the SOYO cultural quarter and Leeds Valley Park. A £539 million turnover with a £1.4 billion forward order book signals a business continuing to invest through a difficult cycle. Read more Leeds business news across all sectors.
How Caddick Group Leeds Built to £539m
The construction division was the standout performer closing the year with £36 million in cash (up 10%) and targeting a 4% margin. Civil engineering turnover grew 17%, while its CCL specialist facades business increased by 37%. Major project wins included Stone Yard in Birmingham, a 1,000-home build-to-rent scheme for Moda and Aviva Capital Partners, alongside developments in County Durham and Sunderland. The group also secured places on several significant frameworks. These include Prosper’s £500 million New Build Development Framework, Torus’ £224 million housing and retrofit framework, and the Department for Education’s £15 billion Construction Framework 2025.
“We are delighted with a year of real progress across Caddick Construction Group. We share in the industry’s headwinds, and we are proud to have maintained a resilient and growing group of businesses despite these challenges.”
— Group managing director Paul Dodsworth
Moda Living, Leeds Valley Park, and What Comes Next
Moda Living, the Caddick Group Leeds build-to-rent platform, reported turnover of £125.4 million and now operates around 4,500 homes across 11 schemes in major UK cities. Its single-family rental arm, Casa by Moda, has grown to 486 homes under management. On the development side, the group expanded its strategic land holdings by around 20% to more than 21 million sq ft of industrial space and 21,000 new homes. At Leeds Valley Park, sites advanced alongside schemes at Pontefract, Scarborough Business Park, Knowsley, and Farington.
- Learn more about Caddick Group: https://caddick.co.uk
