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.

Type
Public
HQ
Brockworth, GB
Founded
1988
Size (employees)
15,719 (est)+10%
Mears Group was founded in 1988 and is headquartered in Brockworth, GB
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Mears Group Office Locations

Mears Group has offices in Stockton-on-Tees, West Midlands, Cambridgeshire, Los Angeles and in 105 other locations
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Mears Group Financials and Metrics

Mears Group Revenue

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Mears Group's revenue was reported to be £940.10 m in FY, 2016 which is a 6.7% increase from the previous period.
GBP

Revenue (FY, 2016)

940.1 m

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

6.7%

Gross profit (FY, 2016)

244.9 m

Gross profit margin (FY, 2016), %

26%

Net income (FY, 2016)

25.7 m

Cash (31-Dec-2016)

52.9 m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

12.4 m15.7 m19.6 m47.5 m70.7 m68.6 m78.8 m112.3 m173.7 m203.5 m241.4 m304.6 m865.6 m838.7 m881.1 m940.1 m

Revenue growth, %

(3%)5%7%

Cost of goods sold

10.5 m12.9 m15.5 m37.9 m55.1 m51.6 m58.8 m83.3 m128.8 m145 m174.4 m224.8 m641.1 m613.7 m649 m695.2 m

Gross profit

1.9 m2.8 m4.2 m9.6 m15.6 m16.9 m20.1 m29 m44.9 m58.6 m67 m79.8 m224.5 m225 m232.1 m244.9 m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016

Cash

963 k326 k639 k2.9 m3.6 m4.6 m5.6 m3.4 m8.1 m9.8 m12.1 m15.3 m79.6 m66.6 m68.6 m52.9 m

Accounts Receivable

3.1 m3.3 m12.4 m12.2 m12.1 m13 m17.5 m23.7 m30.1 m26 m34.2 m139.4 m134.2 m47.4 m49.1 m

Inventories

441 k548 k998 k3.3 m1.7 m1.2 m1.3 m2.5 m4.6 m5.4 m9.1 m9.3 m

Current Assets

3.7 m5.1 m6.5 m24.5 m21.5 m21.5 m22.8 m30.8 m43.1 m47 m61.6 m74.5 m241.7 m217.7 m237.8 m222.2 m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

295 k454 k577 k878 k1.8 m2.1 m2.5 m3.2 m4.9 m7.2 m10.2 m10.9 m

Cash From Operating Activities

639 k46 k915 k1.5 m2.5 m4.3 m4.7 m4.7 m6.7 m8.4 m10 m12.4 m32.2 m44.2 m34.1 m25.7 m

Dividends Paid

74 k119 k179 k256 k345 k444 k565 k773 k1.1 m1.2 m1.7 m2.5 m

Cash From Financing Activities

844 k(27 k)1.6 m285 k(138 k)(989 k)251 k(57 k)120 k(789 k)(232 k)22.5 m9.6 m(12.4 m)(12.5 m)(15.8 m)
GBPY, 2016

Financial Leverage

2.4 x
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Mears Group Online and Social Media Presence

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Mears Group Company Life and Culture

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