Type Limited company Operating income CEO Dave Sheridan (Oct 2012–) Headquarters Doncaster Net income 40.3 million GBP (2015) | Industry Housebuilding Website www.keepmoat.com Revenue 1.106 billion GBP (2015) Founded 1931 | |
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Key people Dave Sheridan (Group Chief Executive) Parent organizations TDR Capital, Sun Capital Partners, Castle 1 Limited Subsidiaries BK Scotswood LLP, Keepmoat Property Limited Profiles | ||
Keepmoat ltd with dulux trade
Keepmoat Ltd is a community regeneration and housebuilding company in the United Kingdom. It operates in public and private housebuilding, extra care services, planned and responsive repairs, and sustainability solutions. Its headquarters are in Doncaster.
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History
Keepmoat's history dates back to 1931. Bramall & Ogden Ltd, founded by George Bramall and Dick Ogden, and Frank Haslam Milan Ltd, were established in Rotherham and Doncaster. The two original businesses operated throughout Yorkshire on public sector housing projects.
After both businesses were renamed to Bramall Construction and Frank Haslam Milan, in 1983, the management teams from the two companies formed its parent company, Keepmoat.
In 1986, the company established Haslam Homes, a house-building division of Keepmoat.
Keepmoat bought Milnerbuild, a Leeds-based social housing repair and maintenance company, in 2010. In 2012, the Keepmoat group of companies and Apollo merged to become Keepmoat Ltd, forming a business with a turnover of £1 billion.
In 2014, Keepmoat was acquired by two London-based private equity firms, TDR Capital and Sun Capital Partners (UK). Both partners expressed their intentions to support the long-term growth plans of the company.
Newcastle
Keepmoat’s major projects include the regeneration programme of the Byker Wall in Newcastle, the St. Mary's Passivhaus development in Oldham, two PFI projects in Leeds and Pendleton, and a regeneration project in West Gorton to build 400 new homes.
Criticism
Keepmoat have received criticism for delayed and poor work.
Keepmoat have come in for criticism due to overcharging, they were subject to a fraud investigation in Merton for overcharging by £170,000. The investigation found that there was no fraud however a whistleblower found this astonishing.
Keepmoat are a management company and make extensive use of sub-contractors who undertake all of the works, this has been the cause of much criticism due to delays and quality. Keepmoat extended their payment terms to contractors which placed sub-contractors under financial duress.
Sponsorships
Keepmoat has been the main sponsor of the Keepmoat Stadium in Doncaster since 2006. The Keepmoat Stadium is home to Doncaster Rovers F.C., Doncaster RLFC and Doncaster Rovers Belles L.F.C..