Com­pany dou­bles staff and turnover thanks to stu­dent hous­ing boom

Yorkshire Post - Business - - FRONT PAGE - LIZZIE MUR­PHY BUSI­NESS RE­PORTER Email: lizzie.mur­ Twit­ter: @lizziec­mur­phy

A BOOM in stu­dent hous­ing in Leeds has helped con­struc­tion firm the Broadley Group dou­ble turnover and staff in the last year.

The Broadley Group has seen turnover leap from £20m in 2016 to £40m in 2017 and per­ma­nent staff num­bers have jumped from 150 to 260 over the same pe­riod.

The com­pany has com­pleted a num­ber of high pro­file stu­dent ac­com­mo­da­tion projects around Leeds in­clud­ing the lux­ury Park Square Res­i­dence for YPP.

It is also work­ing on a new £12m stu­dent scheme on the former Walk­a­bout bar site on Cookridge Street in Leeds, which is due to be com­pleted this sum­mer.

In ad­di­tion, it is build­ing a Roomzzz apartho­tel at the Har­ro­gate show­ground and projects in Lin­coln, New­cas­tle, Liver­pool, York, Hull and Leeds. Gary Broadley, chair­man of the Broadley Group, said: “We have bucked a wider down­turn in the con­struc­tion sec­tor by fo­cus­ing on op­er­a­tional ex­cel­lence.

“De­vel­op­ers op­er­ate to tight dead­lines, and we have built a rep­u­ta­tion for de­liv­er­ing projects on time and on bud­get.

“This ap­proach is also prov­ing pop­u­lar with hous­ing as­so­ci­a­tions.”

He added: “We have a strong pipe­line that gives us con­fi­dence in pass­ing the £70m mile­stone for 2018. It will mean more jobs for skilled trades­men and in our head of­fice.”

The fam­ily-owned firm was founded over 50 years ago by Arthur Broadley as a small fam­ily dec­o­rat­ing busi­ness.

In 2016 Leeds-based Park­lane Group bought a 50 per cent share of the Broadley Group with whom it has worked with for al­most 20 years.

The Park­lane Group has pro­vided build­ing main­te­nance and de­vel­op­ment work for over 30 years in the Leeds rental mar­ket.

It has a num­ber of pro­fes­sional and stu­dent prop­erty brands, in­clud­ing Park­lane Prop­er­ties, Ren­tInc and lux­ury stu­dent ac­com­mo­da­tion IconInc, along with Leeds Golf Cen­tre and Roomzzz Apartho­tels.

The com­pany now di­rectly em­ploys over 260 peo­ple across a wide range of trades.

The con­struc­tion firm is ad­vised by Leeds-based ac­coun­tancy firm Hen­tons, which has a grow­ing con­struc­tion ex­per­tise.

Nadeem Ahmed, pic­tured, man­ag­ing part­ner at Hen­tons, said: “Broadley is a great York­shire suc­cess story that is see­ing some im­pres­sive growth.

“As the group ex­pands, it will cre­ate more high-qual­ity jobs in Leeds and across the North. Broadley is grow­ing a highly re­spected brand in a very com­pet­i­tive mar­ket.”

Hen­tons, based in the city cen­tre, has a team of 150 who work with a range of busi­nesses from med­i­cal pro­fes­sion­als and prop­erty in­vestors, to man­u­fac­tur­ers, acad­e­mies and char­i­ties.

LIFE OF LUX­URY: Park Square Res­i­dence in Leeds. A new top-end stu­dent hous­ing scheme com­pleted by the Broadley Group.

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