Member Article

Five year growth plan for United Living

United Living Group, which has a North regional office in Altrincham, has announced a turnover of £243million for the 12 months ending 31st March 2015. Profit after tax was £2.1million

The Group was officially launched in April this year, following the September 2014 merger of Bullock Construction Limited and United House Limited.

The company says it has a ‘robust growth strategy’ to increase turnover to £500 million per annum within five years and is already working on new build and refurbishment projects in Fazakerley, Liverpool, and at Nesfield Road, Bideford Road and Daine Avenue in Wythenshawe, Manchester.

To support its growth ambition across the UK, it has secured projects worth in excess of £230million in 2015/16 and strengthened its executive management team with new appointments, and has a strong order book for 2016/17 and beyond.

The Group is delivering a wide range of projects from multi-million pound mixed-use developments in the heart of London and across the UK, to longer term partnerships for refurbishment projects.

The company won the ‘mixed residential’ award at the LABC Building Control Awards and the Gold Award for Grange Walk at the Considerate Constructors National Site Awards 2015 and is consistently meeting resident satisfaction ratings of 100% across projects.

The group’s renewed management team includes Peter Carey who joined as CFO in April having previously worked with ISG, and Anne Newman, appointed as People Services Director in April, having previously worked with Wates.

Ian Burnett, chief executive of United Living, said: “Our performance over the past year has been a huge accomplishment, especially given the well documented challenges that have faced the wider market.

“Under our renewed leadership and through the efforts of United Living staff across the region and the country, we’ve listened to our customers and reacted by reviewing and diversifying our business model. I’m pleased to see the result of this has been that the newly formed Group has returned to profitability.

“United Living continues to deliver a high quality of service. We have an exceptionally strong order book already this year, into 2017 and beyond, and importantly, we’re also responding to the changes that are happening in this sector.

“We understand there is a housing shortage and we are continuing to adapt to the changes with a greater emphasis on the growing need for high quality open market and market rental homes.

“We are now determined to become the UK’s leading provider of refurbished and new build living solutions and our geographical growth is opening up new opportunities.

“We continue to find innovative funding solutions that can meet local needs and provide more homes. By diversifying the businesses we’re also better placed to address energy efficiency challenges, tackle fuel poverty, and invest in apprenticeships, training and the ongoing development of our staff.”

This was posted in Bdaily's Members' News section by Simon Malia .