Crest Nicholson Holdings PLC

Crest Nicholson Holdings plc is a United Kingdom-based residential housebuilder, operating primarily in the South of England and the Midlands. The Company is structured into five regional divisions: Midlands and Yorkshire, Southwest, South, Chiltern, and Eastern. All divisions are engaged in residential-led, mixed-use developments in the United Kingdom. Its divisions are supported by a number of central functions, which help to support and drive consistent performance across the business. It builds strategic relationships within the private rented sector and with registered providers of affordable housing. The Company's subsidiaries include Crest Nicholson Developments (Chertsey) Limited, Crest Nicholson Residential Limited, Clevedon Investment Limited, CN Finance plc, Crest Nicholson (Bath) Holdings Limited, Crest Nicholson (Peckham) Limited, Ellis Mews (Park Central) Management Limited, Harbourside Leisure Management Company Limited, and others.

• Mortgage rate / 30y fixed (leading (-))
• Housing starts / permits (leading)
• Buyer foot traffic / order trends (leading)
• Backlog months (coincident)
• Home-price-to-income ratios by metro (trend)

• Lumber tariffs (Canada/US softwood) · exposure: medium
• Immigration policy → labor supply · exposure: medium-high
• Local zoning + permit reform · exposure: high regional variance

• Closings per quarter / backlog — core volume
• ASP (avg selling price) — mix shift indicator
• Gross margin — 22-28% healthy
• Cancellation rate — 8-12% normal; >18% red flag
• Months of inventory — 4-6 healthy

Detailed financial analysis, valuation snapshot, multi-period history, and AI narrative are pending — generated when this company is included in the next analysis batch. Profile data above is point-in-time as of 2026-04-30.