bdev industry housebuilding founded 1958 ; 58 years ago 1958 headquarters coalville england uk key people john allan chairman david thomas ceo revenue 3 759.5 million 2015 1 operating income 576.8 million 2015 1 net income 450.3 million 2015 1 number of employees circa 5 000 2015 2 website www.barrattdevelopments.co.uk a barratt development near reading a david wilson homes branded house of barratt developments . a barratt homes sales and information centre . barratt developments plc is one of the largest residential property development companies in the united kingdom . it was founded in 1958 as greensitt bros. but control was later assumed by sir lawrie barratt . it was originally based in newcastle upon tyne but is now located at david wilson s former offices in coalville . it has been listed on the london stock exchange since 1968 and is a constituent of the ftse 100 index . contents 1 history 2 operations 2.1 uk house building 2.2 commercial construction 3 marketing 4 references 5 external links history edit in 1962 lewis greensitt a newcastle builder and lawrie barratt an accountant acquired control of the company and embarked on a five year expansion plan . the company was floated on the stock exchange in 1968 as greensitt & barratt by which time the growth plan had been fully achieved . 3 lewis greensitt left shortly after the flotation and in 1963 the company was renamed barratt developments . 4 the 1970s saw barratt making a series of acquisitions transforming the company from a local housebuilder to a national firm building around 10 000 houses a year and rivalling george wimpey in size . the largest of these acquisitions were the manchester firm of arthur wardle 5 and the luton based janes . 6 central to barratt s expansion was its high profile marketing with national advertising featuring patrick allan and the helicopter . barratt provided starter homes for the first time buyer and offered part exchange to those trading up . in the year to june 1983 barratt sold a record 16 500 houses making it by far the largest housebuilder in the country . 7 in 1983 and 1984 barratt was hit by two successive itv world in action programmes the first criticising timber framed housing and the latter starter homes . within two years unit sales had more than halved . lawrie barratt led a total restructuring of the company abandoning timber framed construction launching a new product range and concentrating on the more profitable trade up market . 4 in the late 1980s margaret thatcher famously purchased a house on one of barratt s most up market estates in dulwich south london . 8 in 1991 the company was badly hit by a recession and recalled lawrie barratt from retirement he retired for good in 1997 and remained life president of the company until december 2012 when he died . 9 10 in 2004 the company sold barratt american its us operation established in the 1980s in california . 11 david thomas was appointed chief executive in succession to mark clare in 2015 . 12 following the house price boom in the later 1990s and early 2000s which saw a number of barratt s largest rivals such as persimmon george wimpey and taylor woodrow all acquire rivals to increase in size barratt broke its tradition of 30 years and acquired wilson bowden best known for its david wilson homes brand for 2.7 bn in 2007 . this brought the david wilson ward homes and wilson bowden developments brands to the group . 13 in 2008 the company secured a restructuring of its banking covenant package . 14 the non profit barrett residential asset management division was established in 2012 to provide property management services on barratt london developments . 15 operations edit uk house building edit barratt also used to have a self created upmarket brand kingsoak homes 16 but now uses the david wilson homes brand for this purpose . 17 commercial construction edit barratt owns and operates wilson bowden developments which develops commercial property in the uk . 18 marketing edit in 2007 the barratt homes slogan was changed to built around you emphasising that for the previous fifty years customer feedback had gone back into the building process to improve house building . the relaunch included a massive tv and newspaper advertising campaign . 19 references edit a b c annual report 2015 pdf . barratt developments . retrieved 19 march 2016 . business overview . barratt developments . retrieved 15 march 2015 . company prospectus november 1968 a b wellings fred dictionary of british housebuilders 2006 troubador . isbn 978 0 9552965 0 5 . greensitt & barratt offer document april 1972 barratt offer document january 1976 sir lawrie barratt . the telegraph . 20 december 2012 . retrieved 19 march 2016 . arnot chris 2002 01 30 . laager toffs . london the guardian . archived from the original on 30 october 2008 . retrieved 2008 10 08 . daily mail 20 december 2012 building tycoon sir lawrie barratt who made the dream of affordable home ownership a reality in britain dies aged 85 sir lawrie barratt . building.co.uk . retrieved 2008 10 08 . execs buying u.s. unit of barratt developers the san diego union tribune . signonsandiego.com . retrieved 15 march 2015 . elizabeth paton . barratt ceo mark clare steps down . the financial times . retrieved 13 september 2015 . barratt developments to buy wilson bowden . international herald tribune . 2007 02 07 . retrieved 2008 10 08 . need to know . london the times . 2008 08 07 . retrieved 2008 10 08 . welcome to bram . barratthomes.co.uk . retrieved 27 august 2015 . contact us . barratt developments . retrieved 15 march 2015 . buy new homes . david wilson homes . retrieved 15 march 2015 . wilson bowden developments in a potential sale . business sale.com . retrieved 15 march 2015 . barratt homes built around you . tellyads . retrieved 15 march 2015 . external links edit wikimedia commons has media related to barratt developments . barratt homes official site barratt developments companies grouped at opencorporates v t e construction industry of the united kingdom construction economy of the united kingdom companies consultancies and support services amec amey arcadis architecture firms arup atkins faithful gould buro happold capita ch2m cundall davis langdon elliott wood expedition engineering flint & neill gifford hoare lea interserve mace mitie mott macdonald mouchel rps scott wilson sweett group wsp housebuilders current barratt bellway berkeley bloor boot bovis countryside properties crest nicholson keepmoat lend lease mccarthy & stone miller muir persimmon redrow taylor wimpey united house defunct ashtons beazer broseley bryant homes comben homes george wimpey ideal homes mclean homes taylor woodrow westbury william leech wilson bowden integrated construction balfour beatty bam nuttall carillion cleveland bridge & engineering clugston costain galliford try gleeson interserve kier laing o rourke lend lease linford mace morgan sindall shepherd sir robert mcalpine volkerfitzpatrick wates willmott dixon suppliers current aggregate industries artex ashtead brogan cemex uk hanson london brick hss hire jewson kingspan kingspan off site mero schmidlin pilkington rmd kwikform sig speedy hire tarmac tarmac building products tata steel europe travis perkins wolseley defunct blue circle industries redland rmc group tarmac group government and regulatory bodies department for communities and local government department for business innovation and skills health & safety executive local planning authority planning inspectorate chief construction adviser to uk government industry bodies british constructional steelwork association bsria build uk ciob civil engineering contractors association construction clients group construction industry council ciria citb constructing excellence electrical safety council federation of master builders hbf institution of civil engineers institution of structural engineers national access and scaffolding confederation national federation of builders national federation of demolition contractors national house building council refined bitumen association royal institution of chartered surveyors scottish building federation select electrical contractors association of scotland society of construction arbitrators specialist engineering contractors group strategic forum for construction sustainability association for environment conscious building breeam code for sustainable homes ecohomes energy efficiency in british housing good homes alliance uk green building council other british construction industry awards building building regulations in the united kingdom building regulations approval construction news development control in the united kingdom new civil engineer planning permission town and country planning in the united kingdom category v t e real estate in the united kingdom real estate economy of the united kingdom companies developers and owners allied london argent group assura group balkan dream properties banks group brent walker british railways property board bruntwood capital & centric cls holdings coin street community builders daejan holdings downing developments goodman uk grainger grosvenor group lexi holdings the maghull group mepc minerva london & associated properties opal property group st. modwen properties sellar property group span developments st martins property group targetfollow the bedford estate the peel group trafalgar house west properties housebuilders barratt bellway berkeley bloor boot bovis countryside properties crest nicholson keepmoat lend lease mccarthy & stone miller muir persimmon redrow taylor wimpey united house property services adzuna alpha1estates atlantis bidwells bnp paribas real estate carter jonas cbre group chestertons ckd galbraith rh & rw clutton cluttons colliers international connells group countrywide cushman & wakefield cyril leonard drivers jonas dtz ec harris edinburgh solicitors property centre foxtons gerald eve gva hamptons international harrods estates isold estate agents jones lang lasalle king sturge knight frank lsl property services nathaniel lichfield and partners nestoria northwood osborne king primelocation regus rightmove savills smiths gore spicerhaart strutt & parker uk property shop whelan commercial winkworth zoopla real estate investment trusts big yellow group british land brixton derwent london great portland estates hammerson hansteen holdings intu properties land securities london & stamford property primary health properties segro shaftesbury plc workspace group industry bodies british institute of facilities management british property federation national association of estate agents law and regulation assured shorthold tenancy building regulations in the united kingdom land tenure in england the property ombudsman right to manage short assured tenancy scotland tenancy deposit scheme england and wales tenancy deposit schemes scotland other council for licensed conveyancers crown estate estate agent estates gazette land agent uk mortgage terminology property retailer property week public estate in the united kingdom category v t e ftse 100 companies of the united kingdom ftse 250 3i admiral group anglo american antofagasta ashtead group associated british foods astrazeneca aviva bae systems bhp billiton bp babcock international barclays barratt developments british american tobacco british land bt group bunzl burberry capita carnival centrica coca cola hbc compass group crh croda international dcc diageo direct line group dixons carphone easyjet experian fresnillo gkn glaxosmithkline glencore hammerson hargreaves lansdown hikma pharmaceuticals hsbc imperial brands informa intercontinental hotels group international airlines group intertek intu properties itv johnson matthey kingfisher land securities group legal & general lloyds banking group london stock exchange group marks & spencer mediclinic international merlin entertainments micro focus international mondi morrisons national grid next old mutual paddy power betfair pearson persimmon polymetal international provident prudential randgold resources royal bank of scotland reckitt benckiser relx group rio tinto group rolls royce royal dutch shell royal mail rsa insurance group sage group j sainsbury schroders severn trent shire sky smith & nephew smiths group sse standard chartered standard life st. james s place taylor wimpey tesco travis perkins tui unilever united utilities vodafone whitbread wolseley worldpay wpp retrieved from https en.wikipedia.org w index.php title barratt developments & oldid 742136428 categories british companies established in 1958housebuilding companies of the united kingdomcompanies listed on the london stock exchangecompanies based in leicestershire1958 establishments in englandhidden categories use dmy dates from october 2013use british english from october 2013commons category with local link same as on wikidataopencorporates groupings 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