Report Summary
Wates Group Ltd - Strategic SWOT Insights - A 360° Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence and Operational KPI’s, and Recent Trends is a comprehensive and easily accessible overview of Wates Group Ltd 's business operations. It provides a detailed analysis of the company's strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Wates Group Ltd including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Wates Group Ltd's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. By integrating these strategic analyses, the report offers a comprehensive understanding of Wates Group Ltd's overall strategic standing and supports informed decision-making and strategic planning.
Finally, the report includes recent news and deal activities undertaken by Wates Group Ltd enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Wates Group Ltd is one of the United Kingdom's leading family-owned construction, development, and property services companies. Established in 1897, the company has a rich history spanning over 125 years. Headquartered in Leatherhead, Surrey, Wates Group has grown significantly over the years, employing approximately 6,000 people as of 2024.
The company's operations encompass a wide range of services within the built environment. These include construction, residential development, engineering services, housing maintenance, facilities management, fit-out and refurbishment, and other related services. This diverse portfolio allows Wates Group to partner with various public and private sector clients, contributing to the creation of places, communities, and businesses across the UK.
In recent developments, Wates Group made a significant move concerning its employee pension scheme. In December 2024, the company transferred the assets and liabilities of its 1,500-member defined benefit pension scheme to Clara-Pensions, the UK's first licensed pension superfund. This strategic decision involved a final payment of £19 million by Wates, aiming to ensure the long-term security and management of its employees' pension benefits.
Throughout its history, Wates Group has been involved in several notable projects. These include the construction of RAF Keevil in 1941, housing developments for the Dulwich Estate in 1972, the Doncaster Civic Hall in 2012—which was recognized as the CIOB Project of the Year—and the extension of the Victoria and Albert Museum in 2017. These projects highlight the company's longstanding commitment to excellence and innovation in the construction industry.
As a testament to its industry standing, Wates Group has received several accolades over the years. The company was honored with the Construction News Contractor of the Year Award in 2017 and the Building Major Contractor of the Year Award in 2009, 2010, and 2016. These awards reflect Wates Group's dedication to quality, safety, and customer satisfaction in all its endeavors.
Wates Group's enduring legacy and continued success are rooted in its commitment to family values, innovation, and excellence in the built environment. As the company moves forward, it remains dedicated to shaping the future of construction and property services in the UK.
Wates Group Ltd in the News:-
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