Harworth Group

Harworth Group plc
TypePublic limited company
LSE: HWG
IndustryReal Estate
Headquarters,
Key people
RevenueDecrease £129.7 million (2025)
Decrease £21.6 million (2025)
Decrease £9.5 million (2025)
ParentThe Peel Group (since 2026)
Websiteharworthgroup.com

Harworth Group plc (commonly known as simply Harworth) is a property developer that specialises in regenerating brownfield sites in Yorkshire, the Midlands, and North West England. The company is headquartered in Rotherham in South Yorkshire. It was listed on the London Stock Exchange and was a member of the FTSE 250 Index until it became part of the Peel Group in October 2026.

History

Harworth Estates was established in 2004 as the property division of UK Coal, named after the location of its headquarters in the village of Harworth in Nottinghamshire.

Following a restructuring in December 2012, UK Coal became Coalfield Resources plc. The new company owned 24.9% of Harworth Estates, with the remaining 75.1% owned by UK Coal's pension trustees, and later transferred to the Pension Protection Fund.

In March 2015, Coalfield Resources bought the remaining 75.1% of Harworth Estates from the Pension Protection Fund for £150 million. The acquisition was financed through a mixture of issuing new shares to the Pension Protection Fund and raising money though a public offering. It was renamed Harworth Group plc and was listed on the London Stock Exchange.

In March 2018, Alastair Lyons joined the business as Chairman. In November 2020, Lynda Shillaw was appointed Chief Executive.

As of 2023, the Pension Protection Fund retained a 23% holding in the business. The Peel Group owned a further 14% through its subsidiary, Goodweather Investment Management.

In September 2026, the Peel Group secured over 50% of the company's shares at a cost of £630 million. Then, in October 2026, the Peel Group increased its holding to 75% of the companies shares, allowing it to request delisting of the company from the London Stock Exchange.

Operations

Harworth's head office in Rotherham, South Yorkshire

Harworth owns approximately 14,000 acres (5,700 ha) of land across 100 sites, much of which is on the sites of old coal mines in the north of England and the Midlands. The business remediates land, takes it through the planning system, adds infrastructure and then either sells land to housebuilders or constructs industrial units.

In 2018 Harworth established a regional operating model, creating three regional teams: Yorkshire & Central, Midlands and North West.

Major sites

Harworth is the owner or developer of a number of sites:

References

  1. 1 2 3 "Annual Results 2025". Harworth Group. Retrieved 17 March 2026.
  2. ↑ Mould, Russ (31 August 2023). "Questor: We've already made a 75% gain and this company boss wants to double in size". The Telegraph.
  3. ↑ Armitage, Jim. "Harworth directors ignite hot property". The Times.
  4. ↑ "UK Coal likely to reject investment fund's approach". The Independent. 24 December 2007. Retrieved 6 February 2024.
  5. ↑ "Successor company to UK Coal to become a property developer". Financial Times.
  6. ↑ "Coalfields ready to rebrand as it buys Harworth". City AM. 3 March 2015. Retrieved 6 February 2024.
  7. ↑ "Confirmation of change of name to Harworth Group plc". Investegate.
  8. 1 2 Howard, Tom. "Harworth's northern exposure means its boss Lynda Shillaw is relishing life at the coalface". The Times.
  9. ↑ "Share Information - Harworth". harworthgroup.com. 2016-05-17. Retrieved 2024-02-16.
  10. ↑ "Harworth caves to Peel's £630m takeover bid". Place Midlands. 25 September 2026. Retrieved 16 October 2026.
  11. ↑ "Harworth to exit London Stock Exchange after £630m takeover". Place Midlands. 15 October 2026. Retrieved 16 October 2026.
  12. ↑ "HARWORTH GROUP APPOINTS REGIONAL DIRECTORS". Insider Media.
  13. ↑ "Advanced Manufacturing Park". Invest Rotherham. Retrieved 6 February 2024.
  14. ↑ "Green light for new visitor facilities at iconic Bennerley Viaduct". The Business Desk. Retrieved 29 April 2025.
  15. ↑ "Ironbridge Power Station redevelopment: First parcel of land sold for village plans". Shropshire Star. 12 January 2023. Retrieved 6 February 2024.
  16. ↑ "Work starts on housing scheme at Rossington colliery site". BBC News. 6 May 2015.
  17. ↑ "Prince of Wales, Pontefract". DLA Architecture. Retrieved 6 February 2024.
  18. ↑ Kilgannon, Laurence (16 March 2016). "Keyland sells EZ hub stake to regeneration firm". Insider Media Ltd. Retrieved 5 July 2018.
  19. ↑ "All homes sold at development on former Harworth Colliery site". Jones Homes. 28 June 2022. Retrieved 6 February 2024.
  20. ↑ "Stewartby brickworks redevelopment site evolving - owners". www.bbc.com. 2025-04-12. Retrieved 2025-04-12.
  21. ↑ "Work begins on first 143 homes that will transform former Notts colliery". Nottinghamshire Live. 3 June 2020.
  22. ↑ West Bridgefore Wire, Council leader shows support for A614 road improvement scheme, published on 9 February 2024, accessed on 14 November 2024
  23. ↑ "Four star 150 bedroom Marriott Hotel and 172 homes set to be built on site of Orgreave colliery in South Yorkshire". The Yorkshire Post. 3 February 2022. Retrieved 6 February 2024.