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Bellway Plc is a holding company with subsidiaries; its main subsidiary company is Bellway Homes.[1] Bellway’s principal activity is the construction of houses, bungalows and flats primarily in the private market
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LUBS 3870 Financial Analysis Bellway Plc 1. Induction Bellway Plc is a holding company with subsidiaries; its main subsidiary company is Bellway Homes.1 Bellway's principal activity is the construction of houses, bungalows and flats primarily in the private market mainly on recycled and reclaimed land but also provides properties to housing associations and inner city urban renewal projects.2 Bellway is involved in three further activities; estates which deals with planning issues and long term strategic land acquisitions, financial Services which offer customers mortgage and insurance products and group administration.3 History Bellway was founded by John T Bell and his two sons in 1946. It now has a market capitalisation of £1,174m4 and operates in seventeen different geographical areas of the UK5 and is headquartered in Newcastle-upon-Tyne. Bellway's build low-cost homes on disused sites or sites that have been left to abandon, it aims is to not to let any plot of land go to waste.6 Construction &...
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