Keepmoat generated £35m of sales in Scotland in the 2013/14 financial year. It is now looking for land to build its first ever homes for sale north of the border. Over the 2014/15 financial year Keepmoat plans to secure its first sites in Scotland, as part of a plan that also involves building 2,000 new houses in England for the first time, a 30% increase on the 1,506 homes it built during 2012/13.
To prepare for expansion, Keepmoat has made three new senior appointments to the management of the business in Scotland, Peter Rough joining as financial controller, Stephen Nugent as business development manager and Carol McKay as sustainability manager.
Peter Rough joins from Robertson Capital Projects where he was hub finance manager. Stephen Nugent is formerly head of estate and property services at North Glasgow Housing Association. Carol McKay was previously a key account manager at Carillion Energy Services. Her role at Keepmoat is to grow the domestic retrofit business which is currently delivering energy and insulation improvements to more than 3,000 properties in South Lanarkshire under a £10.9m contract.
Keepmoat has operated in Scotland for five years and currently employs more than 250 staff and subcontractors between its offices at Linwood and Cambuslang.
The second quarter of 2014/15 was Keepmoat’s best quarter yet in Scotland, picking up £23m of new business.
Regional director Eamonn McGarvey said: “We have achieved a lot in our first five years and we will continue to react to our client’s needs. These are hugely exciting times for Keepmoat and Peter, Stephen and Carol will help us implement the strategy to replicate the success the business has had south of the border.”
Earlier this month Keepmoat was taken over a new group of venture capital owners, Sun Capital and TDR Capital.