Fast Track 100

Father-and-son team Patrick, 74, and Joe McGinnis, 36, lead this Co Derry housebuilding business, which has developments across Northern Ireland. Founded in 2011 as Lynwood Eco Homes, it changed its name to Braidwater in 2015. In the same year, it secured its first funding from the growth capital investor BGF. Since then it has received two further investments from BGF, with the latter, in January, being used to merge with sister company BW Homes & Construction. Sales climbed to £34.9m in the year to March. In June, it announced plans to build a development in west Belfast, which would create 650 homes, including social and affordable housing.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyBraidwater Group
Annual sales rise over 3 years58.28%
Latest sales £000s34,904

If applicable:

* supplied by company † annualised figure