Mears Group

Mears Group is a unique organisation, employing more than 20,000 people maintaining and improving homes as well as caring for the people living in them.
As a leading social housing repairs and maintenance provider, Mears delivers rapid response and planned maintenance services to Local Authorities and Registered Social Landlords. Making over 6,000 repairs every day and completing 250 Decent Homes each week to a portfolio of over 500,000 houses nationwide. Mears also operates mechanical and electrical as well as grounds maintenance contracts across the UK.
As the UK’s fastest growing domiciliary care provider, Mears Care delivers over 4,500,000 hours of care per annum working with over 50 Local Authorities and Primary Care Trusts.
Our philosophy is simply to make people smile.

Company Growth (employees)
Type
Public
HQ
Brockworth, GB
Founded
1988
Size (employees)
14,328 (est)
Mears Group was founded in 1988 and is headquartered in Brockworth, GB

Mears Group Office Locations

Mears Group has offices in Brockworth, Cumbria, Glasgow, Liverpool and in 106 other locations
Show all (109)

Mears Group Data and Metrics

Mears Group Financial Metrics

Mears Group's revenue was reported to be £940.1 m in FY, 2016 which is a 7% increase from the previous period.
GBP

Revenue (FY, 2016)

940.1 m

Revenue growth (FY, 2015 - FY, 2016), %

7%

Gross profit (FY, 2016)

244.9 m

Gross profit margin (FY, 2016), %

26%

Net income (FY, 2016)

25.7 m

Market capitalization (24-Jul-2017)

493.3 m

Closing share price (24-Jul-2017)

4.9

Cash (31-Dec-2016)

52.9 m
Mears Group's current market capitalization is £493.3 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

865.6 m838.7 m881.1 m940.1 m

Revenue growth, %

(3%)5%7%

Cost of goods sold

641.1 m613.7 m649 m695.2 m

Gross profit

224.5 m225 m232.1 m244.9 m

Gross profit Margin, %

26%27%26%26%

Pre tax profit

21.7 m29.7 m25.9 m29.4 m

Net Income

17 m25.2 m22.1 m25.7 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

79.6 m66.6 m68.6 m52.9 m

Accounts Receivable

139.4 m134.2 m47.4 m49.1 m

Current Assets

241.7 m217.7 m237.8 m222.2 m

PP&E

198.9 m43.8 m34.5 m43.3 m

Goodwill

35.6 m227.4 m224.9 m219.6 m

Total Assets

476.2 m488.9 m497.2 m485.1 m

Accounts Payable

100.7 m103.9 m100.4 m111.5 m

Current Liabilities

222.5 m190 m219.9 m194.6 m

Total Liabilities

295.4 m292.1 m304.3 m285.7 m

Retained Earnings

(9.1 m)16 m11.6 m14.2 m

Total Equity

180.9 m196.8 m192.9 m199.3 m

Financial Leverage

2.6 x2.5 x2.6 x2.4 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

32.2 m44.2 m34.1 m25.7 m

Cash From Financing Activities

9.6 m(12.4 m)(12.5 m)(15.8 m)

Income Taxes Paid

(4.8 m)(4.4 m)(3.8 m)(3.7 m)
Y, 2016

Financial Leverage

2.4 x

Mears Group Market Value History

Traffic Overview of Mears Group

Mears Group Online and Social Media Presence

Mears Group News and Updates

‘Care work is tough. We should not be paying minimum wages’

David Miles, head of Mears Group, which has given up some homecare contracts, says paying staff more could save moneyWhether or not you agree with reports at the weekend that the NHS is facing a “humanitarian crisis”, caused by delayed discharge and unprecedented demand for services, it is abundantl…

Revealed: the millions paid to social care companies | Daniel Boffey

Investigation into five biggest firms finds some owners were paid handsomely while an increasing number of services require improvementAn investigation into the five biggest firms providing homecare services in the UK has found millions of pounds has been paid to some owners amid a crisis in standar…

Mears Group Company Life and Culture

You may also be interested in