UK EO Awards highly commended: Building an impressive recovery
The Homebuilding Centre (NSBRC) has had a challenging, yet very impressive start to its employee ownership life.
When employees turned up to a locked office it was the courage of just six people that saw the potential to focus on and grow parts of the business that has seen it come back from the brink to be a successful employee owned business now employing 11 people.
Since this dramatic change of ownership in 2014, the centre has welcomed 16,349 individual self-builders to the exhibition centre and 10,266 conference delegates, increasing conferencing revenue by an impressive 75%.
The judges were very impressed by the story of this modest business, whose team has taken it from a business operating at a loss to one that is profit generating and making investments to continue its growth and increased performance.