Top100 SMES: Rich seam of land and property for Harworth in Rotherham

editorial image
0
Have your say

Harworth Estates Property Group has impressive resources - but it did inherit all the land and property belonging to Coalfield Resources Plc – the parent of UK Coal.

In one of the most complex restructurings in UK corporate history, Coalfield Resources split into two companies - property and mining - and gifted 75 per cent of the property business to the trustees of the mining business pension fund.

They were established in September 2012 and the property firm’s accounts are now available for scrutiny.

Harworth Estates Property Group is one of the largest property and regeneration companies in the North, owning and managing 30,000 acres across 200 sites including the Advanced Manufacturing Park.

In Doncaster, it is behind plans to build 1,200 homes on the former Rossington Colliery site. It sits next to the massive Inland Port scheme, which will generate hundreds of logistics jobs and is set to be well connected to the M18 and Robin Hood Airport when the 3m FARRRS link road is complete.

Harworth is putting up £10m of its £56m estimated cost. The firm tops the Rotherham SMEs profits table – a slot taken by History and Heraldry for the last four years.

The Hellaby-based company started out in the early 1990s selling framed posters on the origins of family names and expanded to include a range of impulse purchases sold in garden centres and gift shops. Last year its accounts showed it made £2.4m profit. But this year it is absent because its accounts have yet to be filed.

So Thos. Winnard and Sons takes second place, posting an £814,000 increase to make a total of £1.77m profit, enough to boost it from 64 to 32 in the main table. The firm is based on Barbot Hall Industrial Estate and supplies commercial vehicle brake products and accessories.

Bike maker Planet X is back in the list after last year when the database shows no turnover or profit before tax in the year to March 2013. However, in the year to March 2012 it made £1.2m on £11.6m turnover. This year it made £1.73m, representing a healthy rise.

The firm claims to be the second biggest bike assembler in the UK. Its machines are designed in-house, manufactured abroad and assembled in Rotherham. It claims to sell them for up to half the price of high street equivalents because it doesn’t have to pay high street rents, buys direct and doesn’t have a big marketing budget, preferring to grow by word of mouth.

Rotherham Healthcare Holdings is back in the table after missing out last year. It has turned £521,000 profit into £1.16m this time.