Morris Group specialises in building apartments and houses on brownfield land, with an average sale price last year of £180,000. It operates mainly in northwest England and the Midlands. In March 2004, managing director Mike Gaskell led its third management buyout in a deal worth £175m backed by Royal Bank of Scotland. Operating profits have risen strongly since 2001 to £35m in 2004, when sales reached £148.3m.

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Company details
Year2005
Rank203
CompanyMorris Group
ActivityHousebuilder
LocationCheshire
Sales £m*148.3
Operating profit £m*35.0
Main shareholdersMike Gaskell (38%), Quayle Munro (25%), RBS (14%), B Norman (11%)
Staff327
Founded1964
Websitewww.morrishomes.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda