- CEO
- Lucas Jordan Critchley
- Full Time Employees
- 5,480
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- 5220 Valiant Court Gloucester SW United Kingdom GL3 4FE
- IPO Date
- Oct 4, 1996
- Business
- Mears Group plc is a leading UK-based provider of housing and care services to both the public and private sectors. The company offers a comprehensive range of services including rapid-response and planned maintenance; gas and repair services; capital and public works; regeneration solutions for public and social housing; retrofitting programs focused on energy efficiency; grounds maintenance; housing management services such as tenancy and lease management; emergency and temporary accommodation; affordable and social housing supply; housing with care services; and private rented sector housing. It also provides facilities management services including asset, project, and lifecycle management, electrical and water compliance, cleaning, and contract management across public buildings, defense estates, healthcare, education, and commercial office accommodation in the UK. Founded in 1988 and headquartered in Gloucester, Mears Group employs over 6,500 people and operates nationwide.
Recent major developments include securing a £30 million contract with Aberdeenshire Council for capital works and retrofit services over an initial four-year term with an option to extend, reflecting the company’s strategic expansion into more technical and less price-competitive housing capital projects. The group has also focused on developing its Compliance and Asset Management service offerings across six regulatory areas including gas, asbestos, fire, electrical, water hygiene, and lifts, driven by increasing regulation and market opportunities. Mears reported 8% growth in its maintenance-led activities and maintained a 100% contract retention rate over the past year, underscoring strong client relationships and contract performance. Additionally, the company has invested significantly in expanding headcount to enhance service capabilities in compliance, asset management, contract bidding, and IT development to support emerging market demands. These operational and strategic initiatives have contributed to maintaining a strong order book valued at around £3 billion and improving operating margins to 5.6% as of 2024/25.