Page 20 - Yorkshire Rich List 2017

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Paul Caddick and family £252m
2016
Position: 22 £250m
Regeneration and rugby are the motivators behind father and son Paul and Johnny Caddick’s success. Their Wetherby-based development business Caddick Group is behind some of the country’s most prestigious development projects and is also the major shareholder of Leeds Rhinos.
The group counts the 36-storey Vauxhall Sky Gardens in London among its portfolio. But one of the biggest developments being undertaken is the £300m regeneration of the Quarry Hill area of Leeds.
The group, along with Generate Land, has also agreed a £1bn joint venture operation in the private rented sector called Moda. Backed by Bahraini private equity, Moda will build and manage a range of properties, mainly city centre apartments. Schemes in Leeds, Manchester and Liverpool are under way.
The Caddick Group declared pre-tax profits
of £18.8m in 2016 on a turnover of £148m. The group has a land bank worth more than £43m and employs 440 people.
The Caddick Group has a 76 per cent interest in
Leeds Rhinos, of which Castleford-born Paul, 66, is chairman. He took over ownership of the near- bankrupt club and the Headingley Stadium in 1996, turning the club around financially.
The son of a miner, he is a former rugby union player himself, having played second row with Castleford and Headingley.
Paul Caddick’s career in construction began in 1966 as a site engineer and he established his own contracting company in 1980.
Under his leadership the business expanded rapidly, designing, building and managing property developments including the Wakefield 41 business park, Monks Cross in York, the Broadway retail scheme in Bradford and the Trinity Quarter in Leeds. The group has also built a new 640,000 sq TK Maxx processing centre in Wakefield.
Johnny, 35, joined the family firm as a director a er working for CBRE and Dalgleish. His main responsibilities are the residential and private rented sectors.
The Caddick family and trusts own 90 per cent of the group’s shares.
MINER’S SON: Caddick Group founder Paul Caddick was born in Castleford but now chairs Leeds Rhinos.
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Doug Gregory and family £250m
2016
Position: 30= £175m
Strong growth and profits have powered Barnsley furniture maker Symphony – the business founded by 78 year-old Doug Gregory in 1971. He stepped down as non-executive chairman last year.
The company declared profits of £13.5m in 2016, up from £11.9m the previous year. Turnover grew nine per cent to close to £195m and the business has a healthy cash balance with no borrowings. Growth in the development market has boosted results, along with increased market share.
Symphony Group sells kitchens, bathrooms and bedrooms to developers, social housing providers and independent retailers in the UK and overseas.
Mr Gregory founded the business which is now one of the UK’s biggest privately-owned suppliers of fi ed furniture, with around 1,500 employees. It operates from bases in Barnsley and Rotherham with more than 750,000 sq of manufacturing and warehousing capacity. It has more than 1,000 retail outlets.
The purpose-built Barnsley operation opened in 2008 as part of a major investment programme. The Barnsley headquarters also includes a 20,000
sq marketing suite showcasing the company’s products.
The business has exited the hotel furnishings market to concentrate on the growing private development sector.
Mr Gregory has property interests, held in a family trust. These include the 80-acre Park Springs site in Barnsley, close to the M1.
He now lives on Jersey. His daughter Katherine is a non-executive director of Symphony.
‘Mr Gregory’s property interests include the Park Springs site in Barnsley.’
OUT OF THE KITCHEN: Doug Gregory stepped down as non-executive chairman of Symphony last year.
20 THE YORKSHIRE POST TUESDAY NOVEMBER 28 2017
www.yorkshirepost.co.uk