Coffin Mew and The Business Magazine meet high flying Churchill Retirement Living
Miles Brown, managing partner of Coffin Mew met with Spencer McCarthy of Churchill Retirement Living, a South Coast success story, writes Tracy Nicoll of The Business Magazine.
The family-owned company, which started life in a small office above a garage in New Milton in 1994, turned-over £143 million in 2015 with an operating profit of £43m and is on target to hit turnover of c£185m with a £60m operating profit in the next financial year.
Following a restructured finance package in 2014 the company, which provides retirement developments nationwide, has seen a period of rapid growth. The workforce has increased from 300 to 460, two additional regional offices have opened (taking the total to six nationwide) and a £3m investment in contemporary new offices has seen the Ringwood HQ double in size . The in-house management company Millstream Management Services is also looking to relocate to larger premises in the New Forest.
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