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Words: | Submitted: Mon Jun 19 2006
... for both Bellway and Barratt and I have had to change Bellway's figures. Bellway has used £000's on their financial statements whereas Barratt have used £m. Company Profile: Barratt Plc (2001) Barratt are Britain's best-known house builders. They've been in business since 1958 and have built over 250,000 new homes and a reputation for quality, innovation and value for money. For over '25 years the Group' (Barratt, 2001:3) has been in the house building industry. In 2001 the company demonstrated their ability to meet the changing market needs which in turn resulted in increasing 'levels of volume and profit' (Barratt, 2001: 2). They produce a diverse range of products to satisfy all market sectors. During the year hey acquired '14,710 plots' (Barratt, 2001:3), 30% more than what they were using. It has doubled its land bank enabling it to be on e of the largest land banks in the sector. Local market conditions in ...
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