industry housebuilding founded 1974 headquarters flintshire wales key people steve morgan executive chairman john tutte chief executive revenue 1 150 million 2015 1 operating income 213 million 2015 1 net income 162 million 2015 1 number of employees 1 650 2015 2 website www.redrow.co.uk redrow plc is a british housebuilder and general construction company based in flintshire . it is listed on the london stock exchange and is currently a constituent of the ftse 250 index . contents 1 history 2 operations 3 references 4 external links history edit steve morgan had been working as a site agent for wellington civil engineering when in 1974 the parent company decided it was to be closed . morgan offered to take over the contract borrowed 5 000 from his father and completed the contract at a profit . further work was carried out for wellington and still aged only 21 morgan registered his new company redrow . 3 redrow gradually expanded through small civil engineering work and with simon macbryde formed a separate building company ; these were later merged to leave macbryde with 17 percent of the enlarged company . geographically redrow moved from its north wales base into cheshire and in the early 1980s made significant construction acquisitions in manchester and the wirral . 3 redrow s entry into housebuilding came in 1982 and by 1985 it had grown sufficiently to separate it out from the construction business . a small acquisition in kent provided the base for a south east housing operation ; a midlands housing subsidiary was formed in 1986 and in 1987 redrow bought whelmar lancashire one of the five housing subsidiaries then being sold by christian salvesen . by now redrow was selling over 1 000 houses a year . 4 further expansion took redrow into the south west south wales and yorkshire but redrow had pulled out of the vulnerable south east market just ahead of the 1989 property collapse . redrow returned to the south east in 1993 as the housing recession neared its end buying costain homes from the troubled costain group ; this took redrow s housing sales up to 2 000 a year . 3 the construction business was sold and with redrow now purely a development business the company was floated on the london stock exchange in 1994 . 5 redrow grew steadily through the rest of the decade reaching sales of 3 000 a year but in 2000 steve morgan announced his intention to leave the company retaining only a 14 percent stake in the company . paul pedley who had joined redrow as finance director in 1995 took over as managing director . 4 in 2009 steve morgan returned to redrow as executive chairman having increased his shareholding to just under 30 percent . 6 in 2010 the company s newly introduced broadband television channel redrow.tv was named best marketing initiative at the housebuilder awards for innovation . 7 a redrow development at barton upon humber in 2011 redrow sold its scotland operation to springfield properties plc to focus on increased investment in other areas especially london and the south east . 8 in april 2014 redrow was named housebuilder of the year at the building awards and chairman steve morgan was named building magazine personality of the year . 9 in november 2014 redrow won the gold award for best large housebuilder at the industry s what house awards 10 in march 2015 redrow received a five star award in the home builders federation hbf annual customer satisfaction survey . 11 in march 2016 redrow lost its 5 star rating from the home builders federation due to an increase in the proportion of buyers who said they were unhappy with the quality of their redrow home . 12 operations edit the company operates two main businesses redrow homes 13 operating divisions covering london colindale gardens eastern south east southern counties north west & north wales lancashire yorkshire midlands south midlands south west west country and south wales . 13 harrow estates entrepreneurial property solutions land and property acquisition problem solving regeneration and commercial development . 14 references edit a b c financial review pdf . redrow plc. retrieved 14 december 2015 . redrow delivers another set of record results pdf . redrow plc. 8 september 2015 . retrieved 14 december 2015 . a b c burland and whitehouse the redrow way 1999 a b wellings fred dictionary of british housebuilders 2006 troubador . isbn 978 0 9552965 0 5 company prospectus steve morgan regains control of redrow in swift coup the times 21 march 2009 housebuilder . housebuilder the uks best read housebuilding magazine . house builder.co.uk . retrieved 3 april 2015 . springfield properties buys redrow s scottish business what house 1 july 2011 2014 winners . the building awards 2015 . retrieved 3 april 2015 . the 2014 what house awards . what house . retrieved 10 december 2014 . http www.hbf.co.uk policy activities customer satisfaction survey 2015 results http www.hbf.co.uk fileadmin documents customer satisfaction 2016 css 2016.pdf new homes for sale uk redrow . redrow.co.uk . retrieved 3 april 2015 . harrow estates . experts in the uk land and property markets . harrowestates.co.uk . retrieved 3 april 2015 . external links edit official website official website yahoo profile 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 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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 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc 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