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 Financials

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

Market capitalization (31-Oct-2017)

466.8 m

Closing share price (31-Oct-2017)

4.5

Cash (31-Dec-2016)

52.9 m
Mears Group's current market capitalization is £466.8 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
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
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)
GBPY, 2016

Financial Leverage

2.4 x
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