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William Leech plc

From Wikipedia, the free encyclopedia
William Leech plc
IndustryHousebuilding
Founded1934
Defunct1985
FateAcquired
SuccessorBeazer
HeadquartersTyneside
Key people
William Leech (Chairman and founder)

William Leech plc was a major Tyneside housebuilder.

History

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

The company was then acquired by Beazer in 1985.[2] The company retained its brand and Newcastle head office until Beazer itself was acquired by Persimmon 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 with Companies House as a dormant company, still in the ownership of Persimmon plc. [8]

References

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  1. ^ "William Leech - Builder". BBC. Retrieved 7 October 2012.
  2. ^ a b c "The William Leech Foundation Limited - The Foundation Trust". Retrieved 7 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. Retrieved 2025-03-14.
  7. ^ Chronicle, Evening (2005-09-30). "William Leech brand to target over-55s". Chronicle Live. Retrieved 2025-03-14.
  8. ^ "LEECH HOMES LIMITED filing history - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2025-03-14.

Sources

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