Wates Construction Limited
Wates Construction Limited
#01977948 • 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: 15/01/1986
Industries: Construction of commercial buildings
Website: https://wates.co.uk
Phone: Subscribe to view
Email: Subscribe to view
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 £104.67m
↓ -31%
Turnover £2,027.96m
↑ 16%
EBITDA £13.61m
↑ 614%
Gross Profit £183.63m
↑ 19%
Total Liabilities £613.58m
↓ -5%
Employees 3,907
↑ 7%
Directors
Name | Role | Appointed ↓ | Nationality | Age |
|---|---|---|---|---|
| Christopher John Symeonides | Commercial Director | 03/02/2025 | British | 60 years |
| Steffan Battle | Managing Director | 01/05/2024 | British | 52 years |
| Emily Tate | Finance Director | 24/05/2023 | British | 39 years |
| Paul Christopher Griffin | Commercial Director | 24/05/2023 | Irish | 40 years |
| Philip Michael Wainwright | Chief Financial Officer | 03/12/2018 | British | 60 years |
| Stephen James Beechey | Group Strategy Director | 17/10/2016 | British | 56 years |
| Paul Campbell Rowan | Group Hr Director | 31/12/2015 | British | 61 years |
Role:
Commercial Director
Appointed:
03/02/2025
Nationality:
British
Age:
60 years
Role:
Managing Director
Appointed:
01/05/2024
Nationality:
British
Age:
52 years
Role:
Finance Director
Appointed:
24/05/2023
Nationality:
British
Age:
39 years
Role:
Commercial Director
Appointed:
24/05/2023
Nationality:
Irish
Age:
40 years
Role:
Chief Financial Officer
Appointed:
03/12/2018
Nationality:
British
Age:
60 years
Role:
Group Strategy Director
Appointed:
17/10/2016
Nationality:
British
Age:
56 years
Role:
Group Hr Director
Appointed:
31/12/2015
Nationality:
British
Age:
61 years
People with Significant Control
| Name | Nature of Control | Notified On | Nationality |
|---|---|---|---|
| Wates Group Limited | Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors | 06/04/2016 | United Kingdom |
Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
06/04/2016
Nationality:
United Kingdom
Financial Accounts
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Income Statement | |||
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| Sales | |||
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| R&D Expenses | |||
| Operating Profit | |||
| EBITDA | |||
| Financial Revenue | |||
| Financial Expenses | |||
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| Interest Paid | |||
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| Extraordinary Expenses | |||
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| Balance Sheet | |||
| Non-Current Assets | |||
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| Current Assets | |||
| Stock | |||
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| Cash in Hand | |||
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| Called Up Share Capital | |||
| P&L Account Reserve | |||
| Shareholder Funds | |||
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| 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 | |||
Charges
12 charges registered
Homes and Communities Agency Satisfied
Created 26/03/2010All that land and buildings at liberty park stoke heath coventry t/no WM9021981, WM863639 and WM8877...
Valentine Investments Limited Satisfied
Created 22/05/2007All the monies standing to the credit of the account including all interest accruing thereto.. See t...
Properties
33 properties
Regions
8
Freehold
15
Leasehold
18
WEST MIDLANDS
Fourth Floor, Interchange Place, 151-165 Edmund Street, Birmingham (B3 2TA)
Leasehold • B3 2TA
Added 02/02/2022 • BIRMINGHAM
WEST MIDLANDS
Unit 2300, Dolomite Avenue, Coventry Business Park, Coventry (CV5 6US)
Leasehold • CV5 6US
Added 13/11/2019 • COVENTRY
WEST MIDLANDS
Guest Hospital, Tipton Road, Dudley (DY1 4SE)
Leasehold • DY1 4SE
Added 24/11/2015 • DUDLEY
Grants
Total grant funding received: £141,195,778.72
| Programme | |||
|---|---|---|---|
| 01/04/2021 | £9,865,911.52 | Department for Education | Strategic School Improvement Capital |
| Capital funding to improve the condition of schools most in need of improvements to school performance & pupil attainment; mainly for academies. | |||
| 01/04/2020 | £70,459,554.79 | Department for Education | Free Schools Capital |
| Capital funding for the building of new Free Schools by DfE on behalf of Academy Trusts. | |||
| 01/04/2020 | £51,614,964.30 | Department for Education | Priority Schools Building Programme 2 |
| Capital funding to improve the condition of schools in the most urgent need of repair. Improvements are delivered either by DfE on behalf of Local Authorities, or by Local Authorities directly. | |||
| 01/04/2020 | £5,936,815.09 | Department for Education | Strategic School Improvement Capital |
| Capital funding to improve the condition of schools most in need of improvements to school performance & pupil attainment; mainly for academies. | |||
| 01/04/2020 | £1,310,137.20 | Department for Education | SCHOOL REBUILDING PROGRAMME |
| The School Rebuilding Programme is undertaking major rebuilding and refurbishment projects at school and sixth form college buildings across England, prioritised according to their condition. | |||
Department for Education
£9,865,911.52Capital funding to improve the condition of schools most in need of improvements to school performance & pupil attainment; mainly for academies.
Date Awarded:
01/04/2021
Programme:
Strategic School Improvement Capital
Department for Education
£70,459,554.79Capital funding for the building of new Free Schools by DfE on behalf of Academy Trusts.
Date Awarded:
01/04/2020
Programme:
Free Schools Capital
Department for Education
£51,614,964.30Capital funding to improve the condition of schools in the most urgent need of repair. Improvements are delivered either by DfE on behalf of Local Authorities, or by Local Authorities directly.
Date Awarded:
01/04/2020
Programme:
Priority Schools Building Programme 2
Department for Education
£5,936,815.09Capital funding to improve the condition of schools most in need of improvements to school performance & pupil attainment; mainly for academies.
Date Awarded:
01/04/2020
Programme:
Strategic School Improvement Capital
Department for Education
£1,310,137.20The School Rebuilding Programme is undertaking major rebuilding and refurbishment projects at school and sixth form college buildings across England, prioritised according to their condition.
Date Awarded:
01/04/2020
Programme:
SCHOOL REBUILDING PROGRAMME
Government Council Contracts Beta
Total Council Spend
£358,919,515.14
Across 1157 transactions
Contract Period
Jan 2011 - Jul 2031
8 councils
Average Per Council
£44,864,939.39
145 avg. transactions
Council Partners
Blaby District Council
Cannock Chase District Council
East Riding Of Yorkshire Council
Company Filings
| Date | Category | Description | Document |
|---|---|---|---|
| 30/04/2025 | Officers | Termination Director Company With Name Termination Date | View (1 page) |
| 17/04/2025 | Accounts | Accounts With Accounts Type Group | View (77 pages) |
| 31/03/2025 | Officers | Termination Director Company With Name Termination Date | View (1 page) |
| 06/02/2025 | Officers | Termination Director Company With Name Termination Date | View (1 page) |
| 05/02/2025 | Officers | Appoint Person Director Company With Name Date | View (2 pages) |
| 31/12/2024 | Officers | Termination Director Company With Name Termination Date | View (1 page) |
| 28/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |