Wates Group Limited

Wates Group Limited

Trading as: Wates Group
#01824828 Active
B2bServices

Wates Group is a leading family-owned construction and property services company in the UK, dedicated to building sustainable communities and delivering innovative solutions across various sectors.

Founded: 14/06/1984
Industries: Activities of construction holding companies
Location: Milton Keynes

Products

  • Commercial Developments
  • Public Sector Projects
  • Residential Buildings

Services

  • Construction
  • Engineering
  • Facilities Management
  • Fit Out And Refurbishment
  • Housing Maintenance

Financial Snapshot

Last accounts made up to 31 December 2024
Next accounts due 30 September 2026 (16 months)
Cash in Bank £138m
↓ -33%
Turnover £2,101.87m
↑ 18%
EBITDA £47.42m
↑ 49%
Gross Profit £234.06m
↑ 17%
Total Liabilities £628.31m
↓ -6%
Employees 4,321
↑ 7%

Directors

Role:
Non-executive Director
Appointed:
01/10/2023
Nationality:
British
Age:
61 years
Role:
Non-executive Director
Appointed:
03/07/2023
Nationality:
British
Age:
55 years
Role:
Chief Executive
Appointed:
20/02/2023
Nationality:
Irish
Age:
58 years
Role:
Chief Financial Officer
Appointed:
03/12/2018
Nationality:
British
Age:
60 years
Role:
Non Executive Director
Appointed:
01/09/2017
Nationality:
British
Age:
56 years
Role:
Director
Appointed:
20/06/2016
Nationality:
British
Age:
57 years
Role:
Managing Director
Appointed:
04/05/2011
Nationality:
British
Age:
55 years
Role:
Director
Appointed:
04/05/2011
Nationality:
British
Age:
58 years
Role:
Managing Director
Appointed:
04/05/2011
Nationality:
British
Age:
49 years
Role:
Company Director
Appointed:
01/10/1997
Nationality:
English
Age:
65 years

People with Significant Control

Charles William Randag Wates
Nature of Control:
Voting Rights 25 To 50 Percent
Notified On:
06/04/2016
Nationality:
British
Andrew Eugene Paul Wates
Nature of Control:
Voting Rights 25 To 50 Percent
Notified On:
06/04/2016
Nationality:
British
Paul Christopher Ronald Wates
Nature of Control:
Ownership Of Shares 25 To 50 Percent, Voting Rights 25 To 50 Percent
Notified On:
06/04/2016
Nationality:
British
Dec 2023Dec 2022Dec 2021
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
Other Operating Items
Cost of Sales
Raw Materials & Consumables
Gross Profit
Admin Expenses
Other Operating Charges
Depreciation
R&D Expenses
Operating Profit
EBITDA
Financial Revenue
Financial Expenses
Financial Profit/Loss
Interest Paid
Extraordinary Revenue
Extraordinary Expenses
Net Extraordinary Items
Pre-Tax Profit
Tax
Profit After Tax
Retained Profit
Balance Sheet
Non-Current Assets
Intangible Assets
Tangible Fixed Assets
Other Non-Current Assets
Current Assets
Stock
Debtors
Cash in Hand
Other Current Assets
Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
13 shareholders available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

4 charges registered
Hsbc Bank PLC Satisfied
Created 01/05/2018

N/A.

#018248280003 Negative Pledge
Hsbc Bank PLC Satisfied
Created 01/05/2018

N/A.

#018248280004 Negative Pledge

Properties

3 properties
Regions
1
Freehold
3
Leasehold
0
SOUTH EAST

Land lying to the north east of Ashurst Road, Ashurst

Freehold
Added 04/01/2024 TUNBRIDGE WELLS
SOUTH EAST

Land on the south west side of Stonards Hill, Epping

Freehold
Added 28/09/2023 EPPING FOREST
SOUTH EAST

Land on the south side of Chichester Free School, Hunston Road, Chichester (PO20 1NP)

Freehold PO20 1NP
Added 19/12/2023 CHICHESTER
0 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:

Grants

No grant information available

Group Structure

Government Council Contracts Beta

No council contracts found

Company Filings

17/04/2025 Accounts

Accounts With Accounts Type Group

11/02/2025 Officers

Change Person Director Company With Change Date

31/12/2024 Officers

Termination Director Company With Name Termination Date

30/05/2024 Confirmation Statement

Confirmation Statement With No Updates

15/04/2024 Accounts

Accounts With Accounts Type Group

02/01/2024 Officers

Termination Director Company With Name Termination Date

30/10/2023 Officers

Change Person Director Company With Change Date