DOCSLIB.ORG

View Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
View Annual Report Speedy Hire Plc Annual Report and 2013 Accounts Delivering on a consistent strategy Speedy Hire Plc Annual Report and Accounts 2013 www.speedyhire.plc.com Contents Overview Governance 72 Consolidated cash flow statement 01 Delivering on a consistent strategy 36 Strong stewardship 73 Notes to the financial statements 02 Driving success together 37 Performance evaluation process 97 Company balance sheet 04 Resilient performance through 38 Board of Directors 98 Company statement of changes challenging cycles 40 Corporate governance in equity 08 Chairman’s statement 46 Audit Committee report 99 Company cash flow statement 48 Nomination Committee report 100 Notes to the Company financial Printing and paper: this report has been printed in the UK by The Colourhouse. Business review 50 Remuneration report statements Our printers are accredited with the ISO14001 and hold full FSC chain of custody, 10 The marketplace 62 Directors’ report 103 Five-year summary they are also carbon neutral. All inks used are vegetable-based. The paper used is Heaven 42 which is fully recyclable and biodegradable and is an FSC mixed 12 Our unique business model 66 Independent auditor’s report sources accredited material, using an Elemental Chlorine Free (ECF) process and 16 Chief Executive’s review Corporate information partly bleached using a Totally Chlorine Free (TCF) process. 20 Our strategy Financial statements 104 Shareholder information 22 Our strategy in action 68 Consolidated income statement 105 Registered office and advisers If you have finished reading this report and no longer wish to retain it, please pass 24 Group financial review 69 Consolidated statement of 106 Awards it on to other interested readers, return it to Speedy Hire Plc or recycle it. Thank you. 26 One Plan comprehensive income 107 Accreditations 30 Principal risks and uncertainties 70 Consolidated balance sheet 108 Memberships This annual report is available at www.speedyhire.plc.uk 32 UK & Ireland Asset Services 71 Consolidated statement of Designed and produced by The College www.the-college.com 35 International Asset Services changes in equity Delivering on a Overview consistent strategy The past few years have been very tough and financial year 2013 was no exception. We have prepared well during this challenging period and built a foundation that can weather the current economic climate. But to emerge from this cycle as a more valuable company requires an unflinching commitment to execute our long-term objectives. We have a robust efficiency programme, a strong cash flow which is funding capital expenditure and a vision to be the leading integrated services provider in our chosen markets. We are delivering on a consistent strategy that marks a step-change in how and where we operate. For our business this is the new norm, and we are confident that with our progressive momentum we will continue to build a more valuable company over the long term. Speedy Hire Plc Annual Report and Accounts 2013 / 01 Overview Driving success together Who we are Speedy is the UK’s leading provider of integrated equipment rental and support services to a broad range of clients across the infrastructure, industrial, construction and event markets both in the UK and internationally. Our purpose Our vision Our mission Optimise assets, reduce risk, To be the leading integrated To grow sustainable profit enable delivery services provider in our year-on-year chosen markets Our enablers Our spirit Our people As one Our systems Safe Our brand Innovative Driven Our strategic activities To achieve our purpose, vision and mission we need: Service Operational Differentiated Market excellence effectiveness proposition focus One clear set of processes The right channels to Unrivalled premium service Growing revenue and profit combined with an optimum market, efficient back-office offerings that understand with existing and new key asset base, delivering operations, and improved the needs of future key clients as their partner of consistent, efficient and processes and reporting, clients, alongside a robust choice, while growing high-quality service at the underpinned by one set of category management market share across our right time, every time. effective measures for all. process, delivered through chosen markets and sectors. integrated services. 02 / Speedy Hire Plc Annual Report and Accounts 2013 We are a £340m turnover Overview organisation with over 65,000 customers, around 3,700 employees and a network of over 260 depots across the UK. Our divisions UK & Ireland Asset Services International Asset Services Our UK operation provides integrated end-to-end solutions We support our customers in delivering major international beyond our core proposition of equipment rental. It is structured projects and facilities management contracts by providing to incorporate our four other specialist disciplines of partnered a managed site support service, which combines our core services, training, direct sales and engineering and project expertise in equipment hire with asset management, site management. Partnered services supports our clients by infrastructure and logistics services. We help our customers providing products and services not available directly through manage risk on major international projects and contracts by Speedy. Our statutory and compliance training courses enable delivering the highest safety and quality standards, often in customers to fulfil their duties under the Health & Safety at challenging environments, and by tracking and controlling Work Act and other legislation, whilst accessing our experience assets through our in-house management information and and knowledge to maximise the productivity of their workforce control systems. We also work with our customers to help them when using our equipment. Our direct sales product portfolio make more efficient and effective use of their own assets. includes personal protection equipment and consumables, and our engineering and project management services assist our On major contracts, we frequently implant experienced teams customers in programme delivery. into our customers’ operations to work in partnership with their management teams to apply our expertise and innovation in Our customers choose Speedy on the basis that this allows driving measurable efficiency savings. Our strategy is to be able them to focus on their core skills and understand the value that to support our customers on any major project, anywhere within Speedy can bring in delivering their projects. We in turn seek our chosen markets, and by following our existing customers to build strong relationships with bespoke, integrated solutions, into new markets we can then reach out to new customers tailored to each customer’s needs using our detailed knowledge who will benefit from our services. and understanding of our customers’ markets and sectors, supported by our expertise in integrated product and service solution delivery. Speedy Hire Plc Annual Report and Accounts 2013 / 03 Overview Resilient performance through challenging cycles Highlights Adjusted profit before tax# of £16.8m up 35.5% Second half-year adjusted profit before tax# of £10.2m, compared to first half-year profit of £6.6m Underlying* revenue increased by 4.3% to £340.4m (2012: £326.4m) EBITA # up 24.5% to £24.4m (2012: £19.6m) Profit before tax (post amortisation and exceptional items) of £12.8m (2012: £3.2m) Net debt reduced to £72.4m (2012: £76.3m), improving net debt/EBITDA to 0.99x (2012: 1.21x) Investment in the hire fleet continues, net book value increasing to £214.5m (2012: £210.3m), whilst continuing to reduce net debt Final dividend proposed of 0.31 pence per share (2012: 0.26 pence per share) resulting in total dividend per share for the year increasing by 15.2% * Excluding the accommodation operation disposed of in April 2011. # Before amortisation and exceptional items. 04 / Speedy Hire Plc Annual Report and Accounts 2013 Overview Speedy has had publicly reported non-financial KPIs in place since 2007. These KPIs have been consolidated into our One Plan roadmap, which can be found at www.speedyhire.plc.uk/kpis. Below are our top five non-financial KPIs: Non-financial KPIs Why it’s important KPI to our strategy FY2013 Target How we’ve done Achieved Improving We recognise that great Depot service score 90.0% Depot service score 91.9% customer service customer service is a key factor Calls taken 90.0% Calls taken 90.5% 3 in ensuring that we deliver Kit in available status 75.0% Kit in available status 78.5% an optimum level of new Perfect working kit 94.0% Perfect working kit 95.6% and repeat business. Perfect invoices 95.0% Perfect invoices 97.2% Fleet available The level of available assets for 7.5% improvement in pre-hire 26.7% improvement in pre-hire for hire hire is fundamental to providing testing downtime testing downtime 3 the optimum level of service for our customers, ensuring that we have the right product in the right location at the right point in time. Influencing We must ensure that skills Employee engagement In FY2013 we achieved 75% our people and experience are retained score of 69% 3 within the business and attract new employees, providing the workforce of the future. Keeping We recognise that we and 0.09 accidents per In FY2013 we achieved 0.09 people safe our customers work in some 100,000 hours worked 3 of the UK’s most dangerous industry sectors and therefore we have a responsibility towards keeping people safe. Impact on We recognise we must play 7.5 tonnes In FY2013 we achieved climate change our part in the low-carbon 6.95 tonnes* 3 economy, create efficiencies – CO2e per capita within our business and be a responsible business to invest in, work for and do business with. * Figure excludes hazardous waste. Electricity consumption for March 2013 is estimated due to final figures being unavailable at the time of print. Number of employees used in calculation is 3,460 based on UK employees only (excluding Ireland and MENA).
Load more

Recommended publications
  • Construct Zero: the Performance Framework
    Performance Framework Version 1 Foreword As Co-Chair of the Construction Leadership The Prime Minister has been clear on the Council, I’m delighted to welcome you to importance of the built environment sector in ‘Construct Zero: The Performance Framework. meeting his target for the UK to reduce its carbon The Prime Minister has set out the global emissions by 78% compared to 1900 levels by importance of climate change, and the need for 2035. Put simply, the built environment accounts for collective action from firms and individuals 43% of UK emissions, without its contribution- we across the UK, to address the challenge of will not meet this target, and support the creation of climate change and achieve net zero carbon 250,000 green jobs. emissions in the UK by 2050. Therefore, I’m delighted the Construction Never before has there been such a strong Leadership Council (CLC) is leading the sector’s collective desire across the political spectrum, response to this challenge, through the Construct society, and businesses for us to step up to the Zero change programme. Building on the success challenge. We all have a responsibility to step of the sector’s collaborations during COVID, the up and take action now to protect the next CLC has engaged the industry to develop the generation, our children’s children. It is our Performance Framework, which sets out how the duty to do so, as citizens, parents, and leaders sector will commit to, and measure it’s progress to enable and provide a better world for our towards, Net Zero.
    [Show full text]
  • RS Green Patent Data
    https://uk.rs-online.com/web/ Methodology: We scraped over 6000 patent applications containing the word 'renewable energy' and organised the number of applications per comapny as well as the year the application was made, in order to find out which companies are leading the way in green energy advancements. Data correct as of February 2020. Application Application Publication Full Link Link Number Title Applicant Inventor Office Date Grant Date Data "PANNELLO IBRIDO TERMO-FOTOVOLTAICO, RELATIVO CONSORZIO detail.jsf?docId=IT231041101&_cid=P10-K5XQXG-91547-18https://patentscope.wipo.int/search/en/detail.jsf?docId=IT231041101&_cid=P10-K5XQXG-91547-18FI20120108 IMPIANTO E METODO DI PRODUZIONE DI ENERGIA" TERRANUOVA NERI ALESSANDRO Italy 2012-06-05 2013-12-06 2kw to 20kw Hybrid Power Systems for Recreational and Special Vehicles. This innovation relates to electrical power systems in recreational and special vehicles that don't use electrical power exclusively for locomotion. It introduces in-vehicle power generation greater than 2kw used in conjunction with renewable power sources to charge Lithium Batteries on an independent subsidiary electrical system at 48VDC with conversion to 12VDC network of appliances and energy consumers on an independent network with a battery and with conversion to 110-240V A/C network of appliances and energy detail.jsf?docId=AU239173241&_cid=P10-K5XQX8-91326-15https://patentscope.wipo.int/search/en/detail.jsf?docId=AU239173241&_cid=P10-K5XQX8-91326-152019100177 consumers Hou, Changyi MS Australia 2019-02-17 2019-03-07
    [Show full text]
  • Turning Inaction Into Action! Helping You to Mitigate Rising Energy Prices
    Turning Inaction into Action! Helping you to mitigate rising energy prices June 2018 Kevin Jackson – Lead Consultant Robin Preston – Sales Director Mark Winn – Lead Consultant Dan Hulme – Consultant Click to add footer What questions are we going to answer? How much has What are the non What are the commodity costs components of commodity gone going to be at your energy up since your your next bill? last renewal? renewal? How can you use your HHD What can you to identify reduction do next? opportunities? How can Inenco help you? Click to add footer Agenda How are we going to answer the questions? Click to add footer Your Energy Plan Click to add footer We combine technical and fundamental analysis What impacts your total cost of energy? Understanding commodity & non commodity June 2018 Kevin Jackson – Lead Consultant Click to add footer What makes up your energy bills? Commodity ~40% Commodity ~65% Transportation & Distribution ~25% Transportation & Distribution Taxes & Levies ~25% ~30% Taxes & Levies ~5% Supplier & Metering ~5% Supplier & Metering ~5% Click to add footer 6 What is ‘the energy market’ Ensure you have full access to the wholesale market and not just one platform or index Without a full view of all broker screens you can not identify true market value Click to add footer 7 The Inenco Cost of Inaction Report Click to add footer 8 Where are price increases coming from? Understanding commodity price increases June 2018 Robin Preston – Sales Director Click to add footer Historical energy market movements energy market Historical
    [Show full text]
  • Housebuilder & Developer
    Housebuilder HbD & Developer August 2016 EDI’s Edinburgh mixed use scheme reinvents former brewery site Croydon MP takes on Housing and Planning Call for more creativity from centre on housing Features in this issue Supplement Plus the latest Eco & Green Products Doors, Windows & Conservatories news, events and Interiors products Landscaping & External Finishes Also this month Rainwater & Greywater Products HBD speaks to HBF’s John Stewart Structural Insulated Panels (SIPs) Exclusive column from Brian Berry www.hbdonline.co.uk Reader Enquiry 401 HbD Contents August 2016 23 HEADLINES Gavin Barwell appointed as 5 Housing and Planning Minister Brian Berry discusses an 7 SME housebuilding renaissance Government quality push backed 9 by LABC ALSO IN THIS ISSUE... Industry news 4 - 27 Events 19 Industry Movers 22 Product Focus 26 Doors, Windows & Conservatories Supplement 29 - 39 41 Choose high efficiency insulation, naturally Duncan Voice from Insulation Superstore looks at the reasons why construction specifiers are increasingly investing in the benefits of eco PRODUCTS insulation products. Appointments & News 26 Building Products & Services 28 Eco & Green Products 40 - 42 45 Smart looks, smart operation Finance & Insurance 42 - 43 Fires & Fireplaces 43 The ‘wow’ factor can be achieved in new homes combined with cost- Floors & Floor Coverings 43 effective smart lighting and audio control to provide the best of both worlds Glass & Glazing 44 for developers. One company is realising the benefits in several new schemes. Interiors 45 - 46 Kitchens & Appliances 46 - 47 Landscaping & External Finishes 46 - 50 Rainwater & Greywater Products 51 - 53 48 Roofing 53 - 54 Safe, secure and sustainable Smoke & Fire Protection 54 Paul Garlick of green wall systems company Mobilane looks at the challenge Stairs, Balustrades & Balconies 57 of installing boundaries that satisfy safety and security requirements, as well Stonework & Masonry 57 as being eco-friendly.
    [Show full text]
  • Building Homes, Building Value Where Experience Drives Innovation
    OUR ECONOMIC AND SOCIAL IMPACT 2018-2019 Building homes, Building value Where experience drives innovation. With over 70 years of housebuilding experience, Bellway has grown from a small local business in North East England into one of the largest housebuilding groups in the UK. Our activities not only contribute to the provision We place a high importance on investing in of quality new homes across the UK, but also to employee skill development, and this year, on the transformation of local communities and to average, we allocated five training days per levels of employment in sectors like building trades employee, up 8.5% from 2018. and sales. This added up to over 90,000 total training hours, 1 In the last year alone, we sold 10,892 homes (2018 up 30% from 2018, while the number of graduates – 10,307) in a range of styles and sizes that answer and apprentices we employ has risen by 9.2% to both local demands and buyer needs — up 25% in 155. This focus on grassroots training has also seen the last three years and 59% in the last five years. a £1.7m contribution to both the CITB Levy and Thirty percent of these homes were sold to first-time Apprenticeship Levy, up 6% from 2018. buyers, while 22% were delivered as affordable homes. We directly employ over 2,900 people and also hold the coveted Home Builders Federation (HBF) 5 star rating, an indication of our commitment to quality and customer service. Shaping a future of opportunity. Investment in new homes plays a vital, long-term role in the economy, both on a regional and a national scale.
    [Show full text]
  • Consultees for the Implementation of the Sustainable Drainage
    Department for Environment, Food and Rural Affairs December 2011 Consultees list for the consultation on national build standards and automatic adoption arrangements for gravity foul sewers and lateral drains Contents About this document ................................................................................................................. 1 Our consultees ......................................................................................................................... 1 About this document The consultation describes how Government proposes to implement the Flood and Water Management Act 2010 (the Act) for the construction standards and automatic adoption of new- build sewers England. It should be noted that this list of consultees is not exhaustive. We welcome views from anyone expressing an interest in the consultation. Although not specified on the list, some individuals and all the local authorities in England have been contacted. These authorities include borough, district, city and county councils. It should be noted that the Welsh Government is consulting separately on this subject. Our consultees 2B Landscape Consultancy 365 Environmental Services 3e Consulting Engineers Ltd A.L.H. Environmental Services Aberyswyth University ACO Technologies plc Alde and Ore Association Allen Pyke Association Albion Water Allianz Insurance All Internal Drainage Boards All Local Authorities All Parliamentary Group on sewers and sewerage All Parliamentary Group on Water Amey Anglian (Central) Regional Flood Defence Committee Anglian
    [Show full text]
  • Environmental and Safety Solutions Industry Update September 2013
    Environmental and Safety Solutions Industry Update │ September 2013 Harris Williams & Co. Environmental and Safety Solutions │September 2013 MONTHLY SPOTLIGHT CONTENTS MONTHLY SPOTLIGHT Trends in Single-Stream Recycling and Mixed-Waste Processing WHAT WE’RE READING Waste management has entailed recycling for some 40 years, with recycling technology RELEVANT HW&CO. TRANSACTIONS PUBLIC MARKETS inching along over this period toward an increasingly holistic view of the waste stream. PUBLIC COMPARABLES Today’s technologies offer the potential for successful implementation of single-stream NOTABLE M&A ACTIVITY recycling (all recyclable materials collected together), as well as truly “all-in-one” M&A TRANSACTION DETAIL mixed-waste processing that manages all waste through one collection. The popularity of single-stream recycling has expanded considerably in recent years (see charts below), OUR PRACTICE and the advent of more sophisticated mixed-waste processing facilities is just beginning. The theoretical advantages of moving to mixed-waste processing through a “single-bin” Harris Williams & Co. is a leading advisor solution have tremendous potential. A single truck collection route can substantially to the environmental and safety solutions reduce the energy use and pollution associated with waste collection, while customers M&A market. Our Environmental and effectively lose the ability to opt-out of recycling programs, instantly boosting Safety Solutions (E&S) Practice includes experience across a broad range of sectors, participation rates to 100%. Despite lingering concerns regarding the purity of including products and services that meet recovered recycling content from these “all-in-one” collection programs and facilities, environmental and safety demands for a advanced material processing technology today offers compelling opportunities to variety of end markets.
    [Show full text]
  • Employment Equity Act, 1998 (Act No
    STAATSKOERANT, 15 APRIL 2013 No. 36362 3 GOVERNMENT NOTICE DEPARTMENT OF LABOUR No. R. 281 15 April 2013 PUBLIC REGISTER NOTICE EMPLOYMENT EQUITY ACT, 1998 (ACT NO. 55 OF 1998) I, Mildred Nelisiwe Oliphant, Minister of Labour, publish in the attached Schedule hereto the register maintained in terms of Section 41 of the Employment Equity Act, 1998 (Act No. 55 of 1998) of designated employers that have submitted employment equity reports in terms of Section 21, of the Employment Equity Act, Act No. 55 of 1998. MN OLIPHANT MINISTER OF LABOUR t No. R. 281 15 April 2013 ISAZISO SASEREJISTRI SOLUNTU /-7/ov2.z2/3 UMTHETHO WOKULUNGELELANISA INGQESHO, (UMTHETHO YINOMBOLO YAMA-55 KA-1998) Mna, Mildred Nelisiwe Oliphant, uMphathiswa wezabasebenzi, ndipapasha kule Shedyuli iqhakamshelwe apha irejista egcina ngokwemiqathango yeCandelo 41 lomThetho wokuLungelelanisa iNgqesho, ka-1998 (umThetho oyiNombolo yama- 55 ka-1998)izikhundla zabaqeshi abangeniseiingxelozokuLungelelanisa iNgqeshongokwemigaqoyeCandelo 21, IomThethowokuLungelelanisa iNgqesho, umThetho oyiNombolo yama-55 ka-1998. elsv# MN OLIPHANT UMPHATHISWA WEZEMISEBENZI fly 0 3/ 2043 4 No. 36362 GOVERNMENT GAZETTE, 15 APRIL 2013 List of designated employers who reported for the 01 September 2012 reporting cycle Description of terms: No: This represents sequential numbering of designated employers and bears no relation to an employer. (The list consists of 4831 large employers and 17181 small employers). Business name: This is the name of the designated employer who reported. Status code: 0 means
    [Show full text]
  • 1 National Brownfield Forum Meeting Notes 4Th July 2019
    National Brownfield Forum Meeting Notes 4th July 2019, 11.00am – 4.00pm Location: WSP House, Chancery Lane, London WC2A 1AF FINAL Present: Lucy Thomas Chair Nicola Harries (Secretariat) CL:AIRE Paul Nathanail Geological Society & Deputy Chair Angela Haslam Environment Agency (EA) Ben Million & Malaika Babar Ministry of Housing, Communities & Local Government (MHCLG) Richard Puttock Environmental Industries Commission (EIC) Frank Evans Soil and Groundwater Technology Association (SAGTA) Robin Lancefield Environmental Protection UK Seamus Lefroy Brooks Chair of NQMS Steering Group Richard Boyle Homes England Lisa Hathway National House Building Council (NHBC) Alex Lee Society of Brownfield Risk Assessment (SoBRA) Rob Ivens Mole Valley Council Paul Sheehan Chair of Land Stewardship/Natural Capital Working Group (morning only) By telephone: Matthew Llewhellin & Trystan James Natural Resources Wales Stella Keenan Yorkshire and Lincolnshire Pollution Advisory Group (YALPAG) Corresponding Members: Fiona Mannix Royal Institution of Chartered Surveyors (RICS) (corresponding) Julia Thrift Town and Country Planning Association (TCPA) Philip Ridley Planning Officers Society Euan Hall Land Trust Apologies: Vivien Dent Association of Geotechnical and Geoenvironmental Specialists (AGS) Mark Edwards Lancaster City Council Caroline Thornton Scottish Environment Protection Agency (SEPA) Emma Tattersdill UK Environmental Law Association (UKELA) Paul Burden Specialist in Land Condition (SiLC) David Middleton DEFRA Soils Team Andrew Williams Welsh Government Hallan Sambrooke Newcastle under Lyme Council, Staffordshire Contaminated Land Working Group Rachael Davies Flintshire Council & Welsh Contaminated Land Working Group 1 Theresa Kearney Department of Agriculture, Environment and Rural Affairs and the Northern Ireland Environment Agency (NIEA) Steve Manning Wiltshire Council Peter Witherington Home Builders Federation (HBF) Agenda 1. Welcome and Apologies 2. Introductions of represented organisations 3.
    [Show full text]
  • The Case for Collaboration in the Homebuilding Supply Chain
    The Case for Collaboration in the Homebuilding Supply Chain A Research Report to Highlight the Challenges and Opportunities for Driving Positive Workforce Development Investment amongst Subcontractors that supply the Homebuilding Market in the UK Joint Foreword Home Builders Federation We look forward to working together to tackle the issues raised by the report and to take Home building faces major challenges in the forward its recommendations. coming years - to build more homes, maintain and further improve quality and to do all this John Slaughter, Director of External Affairs, more sustainably and efficiently. This report Home Builders Federation and Steve Radley, makes a compelling case that we will need to Director of Policy and Partnerships, CITB. do things differently if we are to be successful in meeting these challenges. In particular, it Acknowledgements highlights the need to tackle the constraints to Skyblue Research Ltd would like to thank all growth faced by many existing sub-contractors the contributors to this study since September and the implied barriers for new entrants to 2015. We hope we have managed to capture come in to the supply chain. your voice in an honest and balanced way that Having enough people with the right skills for can help create the case for more workforce today’s and tomorrow’s industry is critical to development collaboration in future. Our supply chain growth. This report identifies thanks to representatives from the 20 that the confidence of subcontractors in their Homebuilders, 204 subcontractor businesses, ability to attract the right people and to invest 5 Federations and 14 staff at CITB, personnel at in training for them is comparatively low and HBF, their Careers Committee and Qualifying needs to be improved to sustain the growth the Workforce Group that have helped shape that is needed.
    [Show full text]
  • More Homes, Fewer Complaints
    All Party Parliamentary Group for Excellence in the Built Environment HOUSE OF COMMONS LONDON SW1A 0AA More homes, fewer complaints Report from the Commission of Inquiry into the quality and workmanship of new housing in England July 2016 2 Acknowledgement We would like to thank the witnesses who gave oral evidence and the organisations that provided written submissions to the Inquiry, as well as those that took seats on the panel. This is not an official publication of the House of Commons or the House of Lords. It has not been approved by either House or its committees. All-Party Parliamentary Groups are informal groups of Members of both Houses with a common interest in particular issues. The views expressed in this report are those of the groups. This report may be reproduced free of charge in any format or medium without specific permission, providing that it is not reproduced for profit, material or financial gain. It must be reproduced accurately and not used in a misleading context. If republishing the report or referring it to others, its source and date of publication must be acknowledged. More homes, fewer complaints Report from the Commission of Inquiry into the quality and workmanship of new housing in England Contents 4 Chairman’s foreword 21 Section 4: 3 5 Executive summary and What is going wrong and how recommendations does the industry start getting it right? 10 Section 1: 4.1 Improving workmanship and The Inquiry inspection • 1.1 About the Inquiry • Box 5 NHBC to tackle • 1.2 Members of the Commission construction quality
    [Show full text]
  • Corporate Responsibility
    Bellway4Good Corporate Responsibility 2016/2017 CONTENTS 1. VISION Introduction ...............................................................................................................................................3 Executive Chairman’s Statement ................................................................................................3 Performance against 2016/17 CR Targets ...............................................................................4 2017/18 CR Targets ..................................................................................................................................5 5 Year CR Data .........................................................................................................................................6 2. ENVIRONMENT Biodiversity and Ecology..................................................................................................................7 Energy ............................................................................................................................................................7 Water ...............................................................................................................................................................7 Domestic Waste ......................................................................................................................................8 Transport and Connectivity ...........................................................................................................8 Climate
    [Show full text]