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Muir Group

From Wikipedia, the free encyclopedia

J.W.Muir Group Public Limited Company
Formerly
  • Aboot Limited (1975–1976)[1][2]
  • J W Muir Group Limited (1976–1991)[3]
Company typePrivate
Industry
  • Housebuilding
  • Property
  • Timber processing
HeadquartersInverkeithing, Scotland, UK
Websitemuirgroup.co.uk

J.W.Muir Group Public Limited Company,[4] trading as Muir Group and based in Inverkeithing, Fife, is one of the largest privately owned property development company specialising in timber-framed construction of houses and apartments companies in Scotland.[5]

History

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The company was established by a former joiner, John Muir, in 1973,[6][7] following his departure as managing director of Scothomes, part of Scottish Homes.[8] John Muir would serve in a senior capacity at the company for over 50 years; Muir's sons, Ronnie and Alan, have also served as directors of Muir Group.[9][10]

During the 2000s, the company pursued various Private Finance Initiative (PFI) opportunities, such as schemes to deliver social housing.[11] Muir Group has also been involved in the construction of new retail sites for customers such as Morrisons.[12][13][14]

In mid 2011, the company recorded a steep increase in year-on-year profits.[5] During late 2017, it was announced that Muir Group planned to build up to 75 per cent more new homes each year in a bid to ensure the availability of adequate affordable housing.[15]

In the early 2020s, Muir Group announced that it would be building a greater proportion of bungalows in some of its housing schemes in response to demographic changes.[16][17] During 2022, the firm relaunched its shared ownership offering aimed at providing affordable housing.[18] That sane year, Muir Group completed a stock transfer with Manchester Jewish Housing Association to expand its independent living provision.[19]

By 2023, Muir Group comprised six subsidiaries, including construction, homes, timber systems, property development, and property investment arms, as well as owning and operating Deer Park Golf and Country Club in Livingston;[20] by this point, the company had developed £1.5 billion's worth of commercial buildings across the UK and had built in excess of 4,000 homes across Scotland.[9] That same year, the firm incurred a loss of £127,000; this increased to £2.8 million during the following year.[21][22]

References

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  1. ^ "Certificate of incorporation". Companies House. 13 October 1975. Retrieved 2 March 2024.
  2. ^ "Company name changed\certificate issued on 21/09/76". Companies House. 21 September 1976. Retrieved 2 March 2024.
  3. ^ "Certificate of change of name and re-registration from Private to Public Limited Company". Companies House. 23 August 1991. Retrieved 2 March 2024.
  4. ^ "J.W.Muir Group Public Limited Company overview - Find and update company information - GOV.UK". Companies House. Retrieved 2 March 2024.
  5. ^ a b "Rapid increase in house builder's profits". Herald. 28 July 2011. Retrieved 12 October 2011.
  6. ^ "Plans unveiled for a £100m 'new village' project". The Scotsman. 23 May 2004. Retrieved 12 October 2011.
  7. ^ "John Muir and family". constructionnews.co.uk. 13 July 2000.
  8. ^ "Muir Group cashes in on Scotland's housing boom". The Herald. 15 June 2004. Archived from the original on 31 January 2013. Retrieved 12 October 2011.
  9. ^ a b "Fife firm Muir Group marks 50th year with founder still at the helm as chairman". fifetoday.co.uk. 13 September 2023.
  10. ^ "About Us". muirgroup.co.uk. Retrieved 29 September 2024.
  11. ^ "Bidders in line". constructionnews.co.uk. 21 November 2002.
  12. ^ Mair, Lucy (14 May 2013). "Muir wins £11m Morrisons supermarket contract". constructionnews.co.uk.
  13. ^ "Muir Group to build at Glasgow Business Park". dailybusinessgroup.co.uk. 22 February 2018.
  14. ^ "Muir Construction breaks ground on £20m zero carbon distillery". scottishconstructionnow.com. 14 November 2023.
  15. ^ "Muir Housing Group announces plans to build 75% more homes". labmonline.co.uk. 28 November 2017.
  16. ^ Malik, Paul (23 February 2024). "Fife housebuilder Muir Group switches focus to bungalows to cater for ageing population". thecourier.co.uk.
  17. ^ "Muir Homes commits to building more bungalows amid changing demographics". projectscot.com. 22 February 2024.
  18. ^ "Muir Group launches new shared ownership arm as part of ambitious affordable homes development programme". labmonline.co.uk. 28 February 2022.
  19. ^ "Muir Living expands independent living provision following stock transfer". housingdigital.co.uk. 19 August 2022.
  20. ^ "Martin Smith returns to Muir Group as CEO". scottishconstructionnow.com. 8 August 2023.
  21. ^ Butler, Rory (27 September 2024). "Muir Group seeks to overcome recent trading losses". constructionwave.co.uk.
  22. ^ Malik, Paul (13 August 2024). "Fife housebuilder warns of 'difficult trading' as it makes £3.9m loss". thecourier.co.uk.
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