Wates Group Ltd is a family owned construction, property services and development companies in the United Kingdom.
It took on substantial military contracts and was active throughout the conflict, applying precast concrete construction on various projects; this included barges, air raid shelters, trench linings, and Mulberry harbours.
[8] In 2000, Sir Christopher Wates stood back from managing the firm, leading to a non-family member running the business.
[14] Throughout the 2000s, the company would expand its activity in the housing sector; its strategy included the introduction of new prefabrication techniques to accelerate construction and raise residential sales.
[24][25] In 2015, Wates acquired the construction, facility management, and engineering services businesses of Shepherd Building Group in exchange for £9.8 million.
[29] During May 2020, 300 redundancies, roughly 8 percent of the overall workforce, were announced by Wates; the company attributed the move to the economic consequences of the COVID-19 Pandemic.
[36] In early 2024, Wates Group reported strong financial results for 2023, pre-tax profits rose by 37 percent to £46.2m in line with a £2.18 billion turnover, which was the largest ever amount taken by the company.
[37][38] Notable past projects include: In 2017, Wates Group was fined £640,000 plus £21,000 costs following a breach of the Health and Safety at Work etc.
[44][45] A banksman was fatally crushed at Wates' 20 Eastbourne Mews site during June 2015 when a glass walling unit fell on him.
[47] In September 2004, Wates Construction entered a guilty plea to a charge of breaching Section 3(1) of the Health and Safety at Work etc.
The defective roof collapsed in 2002; claims were made against Wates, and they in turn issued proceedings against their subcontract designer.