Gladedale

Few people have had a rollercoaster career to equal that of Remo Dipre. In 1989 his ownership of Hawthorn Leslie, a telecoms service provider, earned him a place in The Sunday Times Rich List.

A few years later he had lost it all.

Now Dipre is on the way up again, thanks to his third company Gladedale, the holding company for a number of regional housebuilders that he founded in 1992. Dipre’s fondness for takeovers has led to significant sales and profit growth at Epsom-based Gladedale. In June 2000 the company acquired AIM-listed Furlong Homes for £24m, funding the deal with bank loans.

It also set up Castlegait Homes as a joint venture with Kilmartin Property in January 2002.

Profits at the group have rocketed 141% a year from £979,000 in 1999 to £13.7m in 2002.

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Company details
Year2003
Rank3
CompanyGladedale
ActivityHousebuilder
LocationDunfermline
Annual profit growth141.06%
Latest profits £000s13,719
Latest sales £000s59,252
Staff137
Founded1992
Websitewww.gladedale.com

If applicable:

* supplied by company † annualised figure