OverviewSuggest Edit

Barratt Developments is a residential property development company. It operates in a number of market sectors from apartments to family homes and complex urban regeneration schemes. The company acquires land, obtaining planning consents, designs, constructs, and builds homes, apartments, penthouses, communities as well as retail, leisure, office, industrial, and mixed-use properties.

TypePublic
Founded1958
HQBardon Hill, GB
Websitebarrattdevelopments.co.uk

Latest Updates

Employees (est.) (Jun 2020)6,655(+3%)
Job Openings10
Revenue (FY, 2020)£3.4 B(-28%)
Share Price (Oct 2021)£6.9
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Barratt Developments

Steven Boyes

Steven Boyes

Chief Operating Officer and Deputy Chief Executive, Director
David Thomas

David Thomas

Group Chief Executive and Chief Financial Officer, Director
Jeremy Hipkiss

Jeremy Hipkiss

Group Sales and Marketing Director
Nick Worrall

Nick Worrall

Group HR Director
John Allan

John Allan

Chairman
Nina Bibby

Nina Bibby

Non-Executive Director
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Barratt Developments Office Locations

Barratt Developments has offices in Bardon Hill, Balmedie, Bradley Stoke, Brentford and in 20 other locations
Bardon Hill, GB (HQ)
Barratt House, Forest Business Park, Cartwright Way
Balmedie, GB
Blairton House, Old Aberdeen Rd
Bradley Stoke, GB
Unit 1 Great Park Court
Brentford, GB
Wallis House, Great West Rd
Bristol, GB
Barratt House, 710 Waterside Dr
Cardiff, GB
Oak House, Village Way
Show all (25)

Barratt Developments Financials and Metrics

Barratt Developments Revenue

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Barratt Developments's revenue was reported to be £3.42 b in FY, 2020 which is a 28.2% decrease from the previous period.
GBP

Revenue (H1, 2021)

2.5b

Gross profit (H1, 2021)

513.9m

Gross profit margin (H1, 2021), %

20.6%

Net income (H1, 2021)

349.0m

EBIT (H1, 2021)

422.9m

Market capitalization (15-Oct-2021)

7.0b

Closing stock price (15-Oct-2021)

6.9

Cash (31-Dec-2020)

1.3b

EV

6.0b
Barratt Developments's current market capitalization is £7 b.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

4.9b4.8b3.4b

Revenue growth, %

5%(2%)(28%)

Cost of goods sold

3.9b3.7b2.8b

Gross profit

1.0b1.1b614.3m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

2.1b2.3b2.5b

Cost of goods sold

1.6b1.8b2.0b

Gross profit

482.2m503.7m513.9m

Gross profit Margin, %

23%22%21%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

982.4m958.3m619.8m

Accounts Receivable

141.4m152.1m34.6m

Prepaid Expenses

9.3m16.0m15.7m

Inventories

4.5b4.8b5.0b
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

579.1m626.7m1.3b

Inventories

4.8b4.9b4.5b

Current Assets

5.5b5.8b5.9b

PP&E

13.7m18.6m19.6m
Annual
GBPFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

5.4m4.3m20.3m

Inventories

(44.6m)(291.9m)(211.8m)

Accounts Payable

(102.3m)(53.3m)(373.8m)

Cash From Operating Activities

514.3m361.3m(121.0m)
Half Year
GBPH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

1.9m9.7m10.1m

Inventories

(237.8m)(116.1m)548.9m

Accounts Payable

(182.1m)(165.9m)(114.0m)

Cash From Operating Activities

(33.3m)7.0m791.9m
GBPFY, 2018

EV/EBIT

6.7 x

EV/CFO

11.3 x

Revenue/Employee

770.1k

Financial Leverage

1.5 x

P/E Ratio

9.9
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Barratt Developments Operating Metrics

H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

Average Active Sites

385366355366343

Housebuilding divisions

27

Owned And Controlled Land Bank Plots

80.63 k80.02 k80.85 k80.32 k75.61 k

Strategic Land (acres)

12.19 k12 k12.99 k13.27 k
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Barratt Developments Revenue Breakdown

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Barratt Developments revenue breakdown by business segment: 11.8% from Affordable Residential Sales, 86.9% from Private Residential Sales and 1.3% from Other

Human Capital Metrics

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Barratt Developments Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Barratt Developments Online and Social Media Presence

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Barratt Developments News and Updates

Barratt Developments sees ongoing demand for homes amid rising prices

Barratt Developments sees ongoing demand for homes amid rising prices

FTSE Edges Lower, Barratt Developments Rises After 1Q Sales Stay Strong

FTSE Edges Lower , Barratt Developments Rises After 1Q Sales Stay Strong

York College and Barratt Developments open construction academy

York College was chosen by the UK's biggest housebuilder, Barratt Developments, to provide the northern learning base for its Apprenticeships Academy to develop the practical skills for a career in construction.

York College and Barratt Developments open construction academy

York College and Barratt Developments open construction academy

Barratt’s profits surge amid strong demand for new homes

Barratt Developments has said strong demand for houses helped to boost annual profits by nearly two-thirds in its latest financial year, as it signalled continued strong demand for housing across the UK even as the government withdrew coronavirus pandemic support.

Rising house prices in united kingdom offset building costs for Barratt Developments

Rising house prices in united kingdom offset building costs for Barratt Developments
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Barratt Developments Blogs

Barratt Developments Frequently Asked Questions

  • When was Barratt Developments founded?

    Barratt Developments was founded in 1958.

  • Who are Barratt Developments key executives?

    Barratt Developments's key executives are Steven Boyes, David Thomas and Jeremy Hipkiss.

  • How many employees does Barratt Developments have?

    Barratt Developments has 6,655 employees.

  • What is Barratt Developments revenue?

    Latest Barratt Developments annual revenue is £3.4 b.

  • What is Barratt Developments revenue per employee?

    Latest Barratt Developments revenue per employee is £513.8 k.

  • Who are Barratt Developments competitors?

    Competitors of Barratt Developments include Taylor Wimpey, Galliford Try and ISG.

  • Where is Barratt Developments headquarters?

    Barratt Developments headquarters is located at Barratt House, Forest Business Park, Cartwright Way, Bardon Hill.

  • Where are Barratt Developments offices?

    Barratt Developments has offices in Bardon Hill, Balmedie, Bradley Stoke, Brentford and in 20 other locations.

  • How many offices does Barratt Developments have?

    Barratt Developments has 25 offices.