Annual General Meeting:
03 June 2026 at 09:30.
Final Dividend 2026 - Record Date:
To be confirmed.
Final Dividend 2026 - Payment Date:
To be confirmed.
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FY2025 Half Year Results
InvestorsFY2024 Annual Reports and Accounts
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We are a trusted partner to over 70 local authorities, providing housing maintenance solutions across the UK. We offer professionally managed partnerships to serve your unique needs, exceptional levels of expertise and attention to customer service and the ability to reshape services to deliver planned rather than emergency repairs.
Using a combination of market leading technology and great personal service, we deliver commitment to community development and improvement to our local authority partners across the UK.
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Optional description. We know that better services come when they are integrated, which is why we have developed a broader range of services to support the placemaking goals of our clients.
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Community and your home
We pride ourselves on doing the right thing and placing customers at the heart of everything we do.
Careers
At Mears, we look for people who share our values, along with our commitment to making a positive difference to people’s lives.
Social Value
April 29, 2026
Healthy Planet
April 24, 2026
Housing Maintenance
April 23, 2026
Blue or grey. Our building maintenance solutions provide professionally managed partnerships tailored to your unique needs, combining market-leading technology with exceptional expertise and customer service. We focus on delivering planned rather than emergency repairs and are committed to supporting community development and improvement.
Mears delivers reliable, high-quality repairs and maintenance using innovative technology and proven best practice. Our proactive approach ensures skilled teams and well-stocked vans are always ready for first-time fixes that last. We help reduce future call-outs through preventative checks and deliver flexible solutions tailored to every client.
We provide trusted planned and cyclical maintenance services that enhance homes and communities. From kitchens and rewiring to roofing and heating, our expert teams deliver high-quality improvements safely and efficiently. We ensure every project meets the highest standards so homes look their best and perform even better.
We provide trusted, 3-star gas servicing and housing repair solutions that prioritise safety and reliability. We achieve high access compliance through innovative systems, smart scheduling, and effective support for hard-to-access properties. With Mears, safety comes first during every visit and long after the work is done.
We deliver a complete range of maintenance and capital works solutions for public buildings, including schools, leisure centres, libraries and hospitals. Our experienced teams minimise disruption by working flexibly around public use and peak times. With an outstanding health and safety record, we ensure every project protects people and enhances community spaces.
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Can force the below cards to display in two columns (odd cards on one side even on other). When it comes to delivering essential services that support communities, Mears stands out as a trusted, experienced, and socially driven partner. Here are six key reasons why clients across the UK choose to work with us:
With over 35 years of experience, Mears is a proven delivery partner to local authorities, central government, housing providers, and public bodies across the UK.
From housing maintenance and facilities management to care services and energy solutions - Mears provides fully integrated support tailored to your needs.
Operating across the UK, we combine national capability with deep local knowledge to deliver services that reflect community priorities.
Whether it’s residents, clients, or our own team - people are at the heart of everything we do. We focus on dignity, service quality, and long-term relationships.
Mears creates measurable social impact, from local job creation and apprenticeships to community investment and sustainability initiatives.
We meet the highest standards of safety, compliance, and governance - giving our clients confidence in every contract we deliver.
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You must always take note of the following health and safety guidance while work is being carried out to your home.
We may erect barriers to stop you getting into rooms being worked on. If you need to enter these rooms, please ask the operative and they will protect your safety.
Operatives should not use your electricity, toilet, telephone or radio without your agreement.
To prevent accidents, please keep children away from all areas of work, including tools, material, rubbish, scaffolding and rubbish skips. We will not be able to carry out work in your home if children under the age of 16 are left unattended.
To avoid pets being hurt or getting trapped under floorboards (if lifted), please keep them away from work areas. If your pet is prone to attacking visitors or strangers, please ensure you secure or restrain the pet whilst contractors are working in your property.
Some improvement work will create dust but only for short periods of time.
Please follow our operative’s advice if they ask you to leave the immediate area for your and your family’s protection.
The workers ensure this is as little as possible. All areas of work will be cleaned up at the end of each day.
Noise may be emitted by our operative’s activities; this should be minimal. However, if this becomes a nuisance please inform our operative.
To avoid tripping up or falling, please be careful when walking on dust sheets or things like rolled-up carpet, materials or trailing cables. Wherever possible, the operatives will try to provide a clear access around your home.
Whilst electrical work is being carried out, do not use any sockets unless you have spoken to the electrician or Mears contact beforehand. All sockets will be left working at the end of each day.
We may need to carry out work from ladders or scaffolding. During this work objects can fall accidentally so please take extra care when you are in the area where we are working including when you enter or leave your home to avoid serious injury or fatality.
A fall from scaffolding or ladder could have serious results. Please do not allow anyone including children onto any ladders or scaffolding.
Operatives may have a site compound for storage and workers near your home. It’s usually a fenced-off area containing steel huts. Please keep children away from this compound.
To avoid serious injury, please do not touch or use any of the operatives/ workers machinery or equipment – this includes hand and electrical tools.
While improving your home, we may find that other unforeseen work is required. If this is the case, we’ll inform you how the work will affect you and do what we can to reduce any disruption or risk, this would include any removal of asbestos.
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Registered Office:
Second Floor, 5220 Valiant Court
Gloucester Business Park
Brockworth
Gloucester
GL3 4FE
Country of Incorporation: England and Wales
Registered Number: 3232863
Annual General Meeting:
03 June 2026 at 09:30.
Final Dividend 2026 - Record Date:
To be confirmed.
Final Dividend 2026 - Payment Date:
To be confirmed.
| Shareholders holding over 2.5% of issued share capital | Holding at February 2025 (%) | Holding at March 2024 (%) |
|---|---|---|
| Fidelity Management & Research | 9.7% | 9.0% |
| JP Morgan Asset Management | 9.2% | 7.8% |
| Gresham House Asset Management | 6.5% | 4.2% |
| Heronbridge Investment Management | 6.4% | 6.4% |
| Dimensional Fund Advisors | 5.3% | 4.9% |
| LOYS AG | 4.5% | 6.4% |
| Schroders Investment Management | 2.7% | 2.6% |
| Artemis Investment Management | 2.6% | 3.1% |
| Acadian Asset Management | 2.6% | 2.3% |
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Do you need help or some additional support from us? Take a look at our support page.
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The Mears story began in 1988 when a little known maintenance contractor in Gloucestershire, with a tiny work force, took its first steps as Mears Limited. Within four years Mears won its first local authority contract and achieved a remarkable £2.5 million turnover! All from a cosy portacabin.
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Housing Management
Central Government
At Mears we are committed to providing responsible long-term solutions for homelessness. What was the Challenge? Waltham Forest Council is an Outer London Borough with Inner London, catering to just over 8,000 households on the housing register. More than £3.4 million is spent by the Council every year, housing around 2300 families in bed and breakfasts, hostels and other forms of temporary accommodation. Waltham Forest needed to reduce reliance on expensive temporary accommodation, with over 70% of the households in the borough placed in nightly accommodation, with a net increase of between 10 and 12 households per month. East London is a rapidly developing area with private rents increasing, meaning the pipeline of social lets available is falling and in addition to dealing with the lack of housing options available, other London Boroughs were placing residents in Waltham Forest and its surrounding boroughs. What did we do? In answer to the need for more affordable, decent housing within Waltham Forest, Mears developed a joint partnership, “More Homes Waltham Forest”. This is a purchase-and-repair scheme bond to purchase and refurbish 330 homes for homeless individuals and families. The joint venture partnership was set up in 2018 to raise the £88m needed to purchase the properties. The scheme lasts for 40 years, after which the homes will revert to the ownership of the Council, providing a sustainable source of housing for the area and giving long-term security to households in need. The More Homes Waltham Forest model provides an alternative, far more affordable, supply of housing which aims to significantly reduce costs to the Council while allowing it to truly discharge its housing duty. The result is win-win with better homes and outcomes for families for less expenditure. Key features of the More Homes model include: Funds borrowed for 40 years at a fixed price to purchase 330 homes Flexibility built in to respond to changes in housing quantity, price and location Properties bought locally and in agreed areas Commercially beneficial portfolio of housing set up by the joint venture Portfolio made available on long leases from the joint venture Stock transfer to Waltham Forest at the end of the joint venture Tenure can change throughout the lease length Risk and costs are shared What were the outcomes? Through this partnership, Mears have made significant revenue savings for Waltham Forest. The value of the rent goes to the Council, not a landlord and ownership of the 365 properties revert to the Council at the end of the 40-year term. The average weekly cost of temporary accommodation for each household in a nightly let or private sector leased temporary accommodation was £257. The net cost avoided/saving to the council was just under £4.0 million in the last financial year which demonstrates the impact of the increasing cost of temporary accommodation and how a scheme like this can deliver significant savings for the Council. The joint venture also gives Waltham Forest the option to sell the properties using the capital receipt to offset any debt outstanding at the end of the contract term. Most importantly, this improved accommodation offers a better alternative to temporary housing which means better outcomes for individuals and families that are housed through the scheme.
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The FTSE ticker for Mears Group is MER.L. The share price is available on our investor website.
Your Mears Group PLC dividends will be automatically paid to you by cheque or alternatively, we would recommend that you opt to receive your dividends directly into your bank account. This will ensure that you receive your dividend on the payment date and avoids the inconvenience of depositing a cheque. Your bank details can be registered through the Investor Centre. Sign in or register and select "View/Amend my bank details".
If you wish to change the email address that you have registered with us for electronic communications, sign in or register at Investor Centre. Once logged in, select the tab 'My Profile' followed by the option 'Communications Preferences'. Then follow the onscreen instructions.
If you require to change the email address you have registered to receive Investor Centre communications, select the tab 'My Profile' followed by the option 'Member Details'.
If you need to update the registered address on your shareholding, the most secure and environmentally friendly approach is to do this online, where you can perform a range of self service options across your portfolio and manage your shareholding online.
Sign in or register at Investor Centre. Once logged in select the tab 'My Profile' followed by the option 'Address Change'.
Please be advised that it is NOT necessary to return your share certificates for alteration for change of address. Please note neither Mears nor Computershare can accept change of address by fax or by email.
You may use a share dealing service such as those offered by High Street Banks or Stockbrokers. Additionally, Computershare Investor Services PLC can offer you access to a share dealing service. You can buy or sell shares in certificated format and dispose of or increase holdings that are held in a Computershare nominee account.
Sign in or register at Investor Centre. Once logged in you will be able to see the options available to you for buying or selling shares.
Replacement share certificate(s) can be obtained through the completion and return of an Indemnity for lost certificate(s). In most instances it is usual for an administration fee to be charged for the production of an Indemnity. Original certificates are cancelled when an Indemnity is raised to cover the risks associated with their loss so please ensure that you are certain that the certificate has been lost before reporting it so, as fees may be incurred. Please call our registrars, Computershare, to discuss your circumstances on +44 (0370) 889 3192.
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Check out our selection of handy videos and factsheets to help you perform basic repairs in your own home.
We aim for continuous improvement in all we do, seeking accreditation from prestigious organisations that recognise our efforts. Our awards show we prioritize safety, colleagues, and customers.
Mears is proud to support the ICS’s new ‘Service with Respect’ campaign combatting the abuse and anti-social behaviour experienced by essential workers in customer-facing roles.
Mears Group is placed in the top 9% of the UK’s most socially responsible businesses in the FTSE4Good Index, which recognises excellent ESG practices.
Mears ranks in the top 75 Social Mobility Employers. The Index benchmarks UK employers on their efforts to access and promote talent from diverse backgrounds, showcasing progress in social mobility.
Mears has signed the Armed Forces Covenant to show our commitment to treat fairly those who serve or have served, and their families.
Mears has held the Tpas Contractor accreditation since 2015, an independent scheme that assesses resident engagement.
Health and safety is crucial to us. In 2025 Mears Group received the RoSPA Order of Distinction and its 24th Gold award in the Health and Safety Awards.
Mears was named as one of the top large businesses to work for in the UK’s Best Large Companies to Work For list. Best Companies recognises businesses that take workplace engagement seriously in order to build a happier, healthier workforce. Our listing in the top 25 has been maintained since 2019.
The Career Transition Partnership (CTP) works to provide service leavers with career pathways and job opportunities as they transition between military and civilian life.
Mears aims to put customers at the heart of everything we do. The Customer Service Excellence accreditation is a practical tool for driving customer-focused change.
Cyber Essentials Plus is a UK government-backed certification that verifies an organisation has robust technical controls in place to protect against common cyber threats. Unlike the basic Cyber Essentials, it includes an independent hands-on technical audit to confirm that these controls are working effectively.