Redrow was started by Steve Morgan in 1974 after borrowing £5,000 from his father to start a small civils firm focusing on local trench-digging and drainage projects. After expanding into main contracting in Cheshire and Merseyside, the downturn in the contracting industry in the early 1980’s was a catalyst to the firm moving into the private house building market. In 1982 Redrow Homes was formed, initially in North Wales and North West England.

In 1987 Redrow acquired Whelmar Homes expanding the company into Lancashire. Redrow also bought Costain Homes for £25 million in 1993 and after further expansion throughout the UK Redrow was floated on the stock exchange in 1994.

After leaving the company in 2000, Steve Morgan returned as Chairman in April 2009. Redrow’s original “Heritage Homes” were first launched as long ago as 1983 and were again re designed in 1997 as the "New Heritage Range". In February 2010, Redrow yet again re launched their "New Heritage Collection" of family homes, in their words "featuring traditional elevations with up-to-the-minute interiors."

£478.9 million

£ 48.0 million (Operating profit 10%)

£546.6 million (at 24 September 2012)

£204,100

12,350 plots

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Redrow Homes North West

Redrow House, St Davids Park, Ewloe,

Flintshire, CH5 3RX
Telephone: 01244 520044

Redrow Homes Scotland

Redrow House, 3 Central Park Avenue, Larbert,
Falkirk, FK5 4RX
Telephone: 01324 555536

Redrow Homes Lancashire

Redrow House, 14 Eaton Avenue, Matrix Office Park,
Buckshaw Village, Lancashire, PR7 7NA
Telephone: 01772 643700

Redrow Homes Yorkshire

Redrow House, Brunel Road, Wakefield 41,
West Yorkshire, WF2 0XG
Telephone: 01924 822 566

Redrow Homes Midlands

Redrow House, Kinsall Green, Wilnecote,

Tamworth, Staffordshire, B77 5PX
Telephone: 01827 260600

Redrow Homes South Midlands

Redrow House, 6 Waterside Way, The Lakes,
Northampton, NN4 7XD
Telephone: 01604 601115

Redrow Homes South West

Redrow House, West Point, Great Park Road,
Bradley Stoke, Bristol, BS32 4QG
Telephone: 01454 625000

Redrow Homes South Wales

Redrow House, Copse Walk,

Cardiff Gate Business Park, Cardiff, CF23 8RH
Telephone: 02920 549103

Redrow Homes Eastern

2 Aurum Court, Sylvan Way, Southfields Business Park

Laindon, Basildon, Essex, SS15 6TU
Telephone: 01268 886400

Redrow Homes London

7th Floor, Chancery House,

53-64 Chancery Lane,
London, WC2A 1QS
Telephone: 0207 269 1660

Information on national house builders

Redrow sees itself as a middle to upper income bracket home builder. However, they operate a Part X with easi:buy, MasterMove and the government’s HomeBuy schemes.

Key Directors:

Steve Morgan - Chairman

John Tutte - Managing Director

Financials

Turnover

Operating profit

Market capital

Average selling price

Land bank

Number of new homes built to financial year ended 30 June 2012 - 2,458

(2001 - 2,626 : 2010 - 2,587 : 2009 - 2,113)

Awards

Some site managers employed by Redrow Homes are being used in their advertising in the "Our pride your joy" campaign. "I only build homes I’d feel proud to call my own"

However Redrow Homes Site Managers won just 16 NHBC Quality Awards in 2012 and just 13 in both 2011 and 2010.

Number of NHBC awards per year (averaged over last six years)

11 Quality awards 2 Seal of Excellence awards

Homes per quality award ratio for 2012 - 164 homes built per award.

(2011 - 202 homes built per award : 2010 - 199 homes built per award : 2009 - 355)

The lower the number the better the quality.

What their customers say:

Review links below to see what some customers think of their Redrow new home:

www.redrowhomes.blogspot.co.uk Redrow Gripe

www.dooyoo.co.uk/real-estate-services/redrow-homes

www.newhomeblogs.co.uk/blog/redrow-homes-defect-woes

www.bbc.co.uk/england/northwesttonight/redrow

www.redrow-home.co.uk

Rated 5 Stars - but so are most house builders