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William Leech plc

From Wikipedia, the free encyclopedia
William Leech plc
Company typePublic company
IndustryHome building
Founded1934 (1934)
Defunct1985 (1985)
FateAcquired
SuccessorBeazer
Headquarters,
Key people
William Leech (Chairman and founder)

William Leech plc was a Britishhousebuilding company based inTyneside. The company operated from 1934 until it was acquired in 1985.

History

[edit]

The company was established by William Leech, a former window cleaner in 1934[1] asWilliam Leech (Builders) Ltd.[2] It bought very large landholdings in theCramlington area[3] and was first listed on theLondon Stock Exchange in 1976 when its name was changed toWilliam Leech plc.[2] It achieved an output of 2,500 units in 1979.[4] It announced a merger withBellway in 1981 but this was called off within days: "the lifestyle of the two firms looked pretty incompatible".[5]

The company was then acquired byBeazer in 1985.[2] The company retained its brand and Newcastle head office until Beazer itself was acquired byPersimmon in 2001, following which both brands were phased out.[6] The Leech Homes name was revived by Persimmon in 2005 as a brand aimed at housing for the over-55s.[7] As of 2025, it remains registered withCompanies House as a dormant company, still in the ownership of Persimmon plc.[8]

References

[edit]
  1. ^"William Leech - Builder".BBC. Archived fromthe original on March 18, 2012. Retrieved7 October 2012.
  2. ^abc"The William Leech Foundation Limited - The Foundation Trust". Retrieved7 October 2012.
  3. ^Cullingworth, p. 240
  4. ^Ball, p. 60
  5. ^Building, June 1981
  6. ^"Persimmon's profits take off after Beazer takeover".The Northern Echo. 2001-08-29. Retrieved2025-03-14.
  7. ^Chronicle, Evening (2005-09-30)."William Leech brand to target over-55s".Chronicle Live. Retrieved2025-03-14.
  8. ^"LEECH HOMES LIMITED filing history - Find and update company information - GOV.UK".find-and-update.company-information.service.gov.uk. Retrieved2025-03-14.

Sources

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