Muir Group Explained

J.W.Muir Group Public Limited Company
Type:Private
Location:Inverkeithing, Scotland, UK

J.W.Muir Group Public Limited Company,[1] 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.[2]

History

The company was established by a former joiner, John Muir, in 1973,[3] [4] following his departure as managing director of Scothomes, part of Scottish Homes.[5] 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.[6] [7]

During the 2000s, the company pursued various Private Finance Initiative (PFI) opportunities, such as schemes to deliver social housing.[8] Muir Group has also been involved in the construction of new retail sites for customers such as Morrisons.[9] [10] [11]

In mid 2011, the company recorded a steep increase in year-on-year profits.[2] 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.[12]

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.[13] [14] During 2022, the firm relaunched its shared ownership offering aimed at providing affordable housing.[15] That sane year, Muir Group completed a stock transfer with Manchester Jewish Housing Association to expand its independent living provision.[16]

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;[17] 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.[6] That same year, the firm incurred a loss of £127,000; this increased to £2.8 million during the following year.[18] [19]

External links

Notes and References

  1. Web site: J.W.Muir Group Public Limited Company overview - Find and update company information - GOV.UK . 2 March 2024 . . en.
  2. Web site: Rapid increase in house builder’s profits . . 28 July 2011 . 12 October 2011.
  3. Web site: Plans unveiled for a £100m 'new village' project . . 23 May 2004 . 12 October 2011.
  4. Web site: John Muir and family . constructionnews.co.uk . 13 July 2000 .
  5. Web site: Muir Group cashes in on Scotland's housing boom . https://archive.today/20130131192149/http://pqasb.pqarchiver.com/smgpubs/access/651563571.html?dids=651563571:651563571&FMT=ABS&FMTS=ABS:FT&type=current&date=Jun+15,+2004&author=Paul+Rogerson&pub=The+Herald&desc=Muir+Group+cashes+in+on+Scotland's+housing+boom . dead . 31 January 2013 . The Herald . 15 June 2004 . 12 October 2011.
  6. Web site: Fife firm Muir Group marks 50th year with founder still at the helm as chairman . fifetoday.co.uk . 13 September 2023.
  7. Web site: About Us . muirgroup.co.uk . 29 September 2024.
  8. Web site: Bidders in line . constructionnews.co.uk . 21 November 2002.
  9. Web site: Muir wins £11m Morrisons supermarket contract . constructionnews.co.uk . 14 May 2013 . Lucy . Mair.
  10. Web site: Muir Group to build at Glasgow Business Park . dailybusinessgroup.co.uk . 22 February 2018.
  11. Web site: Muir Construction breaks ground on £20m zero carbon distillery . scottishconstructionnow.com . 14 November 2023.
  12. Web site: Muir Housing Group announces plans to build 75% more homes . labmonline.co.uk . 28 November 2017.
  13. Web site: Fife housebuilder Muir Group switches focus to bungalows to cater for ageing population . thecourier.co.uk . Paul . Malik . 23 February 2024.
  14. Web site: Muir Homes commits to building more bungalows amid changing demographics . projectscot.com . 22 February 2024.
  15. Web site: Muir Group launches new shared ownership arm as part of ambitious affordable homes development programme . labmonline.co.uk . 28 February 2022.
  16. Web site: Muir Living expands independent living provision following stock transfer . housingdigital.co.uk . 19 August 2022.
  17. Web site: Martin Smith returns to Muir Group as CEO . scottishconstructionnow.com . 8 August 2023.
  18. Web site: Muir Group seeks to overcome recent trading losses . constructionwave.co.uk . 27 September 2024 . Rory . Butler.
  19. Web site: Fife housebuilder warns of ‘difficult trading’ as it makes £3.9m loss . thecourier.co.uk . Paul . Malik . 13 August 2024.

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