Watkin Jones receives permission for 778 student beds in Coventry

Watkin Jones are delighted to announce a resolution to grant planning permission was received at committee on the 20th of March for the provision of 778 student beds, together with a new facility for the Coventry Boys and Girls Club. The site itself is in the heart of the Coventry University campus. The development also provides a brand new, purpose built new facility for the Coventry Boys and Girls Club on a site on which they have resided for 53 years.  This scheme is due for completion as a whole by the summer of 2020.

View from Oxford Point – wow!

Oxford Point in Bournemouth is officially the highest building in Bournemouth! Take a look at the photo below taken from the roof yesterday evening.

1850km sponsored bike ride

We are proud to announce we are sponsoring the Legal and General bike ride again this year! We would like to wish Adam and all the participants, the best of luck for this challenge!

The money raised is for CORAM – A little known, though the oldest Childrens charity in the UK.

CORAM find adoptive families for children in need of loving, permanent homes, helping traumatised children express their pain through art and music and providing homeless outreach to young people.

If you wish to sponsor them follow this link – https://my.race-nation.co.uk/sponsorship/entry/131927


Bournemouth team have been nominated for an award!

We are delighted to announce the team at Lansdowne Plaza, Bournemouth have been nominated for 2018 Considerate Constructors Scheme National Site Awards!

Already being in the Considerate Constructors Scheme, these prestigious Awards are only presented to the top performing sites inspected by our Monitors each year and are designed to recognise and reward those who have demonstrated exceptional levels of consideration against the Scheme’s Code of Considerate Practice.

Well done to all involved and good luck!

Practical completion for Premier Inn Bournemouth!

We are delighted to announce that the Premier Inn in Bournemouth has achieved practical completion!!

A huge well done to all involved on this development, it looks fantastic!

CEO Succession

On Monday, the Group reported strong results for FY17, with excellent earnings visibility and the full statement can be found on the website.

It is, however, with regret that Mark Watkin Jones has notified the Board of his intention to stand down as the Group’s Chief Executive Officer once a suitable successor has been appointed, following an orderly handover period.  For personal reasons, Mark is not able to undertake a full time executive role over the longer term and he and the Board believe that it is in the Group’s best interests to recruit a successor.

The Board will initiate a formal search process to identify a new Chief Executive Officer.  The Board is keen to retain the benefit of Mark’s valuable knowledge and experience and the intention is that, following the transition the Board will look at how this might be achieved including the option of him becoming a Non-Executive Director of Watkin Jones.

After 15 years at the helm, the Board understands Mark’s desire to relinquish the Chief Executive Officer position and the associated demands of this role.  Mark has played a pivotal part in shaping the Watkin Jones strategy and success.  Under Mark’s leadership, Watkin Jones has gone through a transformational period, a key part of which has been the establishment and development of a strong senior management team who have increasingly taken on the day to day responsibility for the running of the business and who are capable of supporting the Group’s long-term growth aspirations.  The Board will be seeking a successor to Mark who can build on this platform and maintain the Group’s track record of profitable, cash generative growth.

The Board would like to thank Mark for his enormous contribution and is also delighted that he has indicated a willingness to continue to support his successor and the business going forward.

Why Now?

Watkin Jones have delivered another impressive set of results demonstrating our ability to continue the strong momentum established during our first year on the AIM market. Mark believes that Watkin Jones is in the strongest position that it has ever been in, with an extremely capable management team committed to the future success of the business.

Making this change now allows Mark’s successor a great opportunity to have time to really get to know the Company, for the benefit of the business in the longer term.


Mark is, and will be, fully committed to the Company and its success during the search process to identify a new Chief Executive and for a measured and necessary transition period post appointment.

Why Announce Now?

Watkin Jones have excellent visibility on our revenues and earnings and it is a good and sensible time to be dealing with succession. Succession needs to be dealt with and we pride ourselves on being open and transparent with our shareholders and colleagues and Mark believes that our transparency puts us in a position of strength.  By being open it allows us to seek the most appropriate successor and keeps our shareholders and colleagues fully informed of what is happening in the business.

Midland Road, Bath food bank donation

A fantastic well done to the Russell Franklin, Mike Skinner & the team at Midland Road, Bath for the outstanding donation to the Bath Food Bank. Peter Cottell came along to Midland Road to receive the donation. The food bank helps families in crisis, whether that be a family awaiting a benefit claim, or sickness befalling the main money earner, or a bereavement within a family.

We would like to say a massive ‘Thank You’ to our sub-contractors who very generously donated to this worthwhile cause – Thanks to Hazelwood Carpentry, Stephensons Construction (Southern) Ltd and J H Shouksmiths & Sons Ltd.


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