We are a family owned multi-disciplinary construction and property development business with an enviable track record spanning four decades in creating high quality new build homes throughout London and the South East.
The first Bugler Group Company, Bugler Developments was founded by Tom Bugler in 1982 to develop homes for private sale. Affordable Housing construction soon became a speciality and in 2001, Bugler Homes was founded to distinguish between our private house building work and Housing Association contracting. A parent company, Bugler Holdings was formed to unite the organisations.
Significant success and growth resulted from the new structure and in 2016 along with an exciting re-brand and the addition of Bugler Land, the Bugler Group was formed.
In 2017, the Group moved into the prestigious offices at 25 High Street in Rickmansworth allowing room for further growth and providing an excellent environment for staff and visitors.
The most recent chapter of the Bugler story is the formation of Bugler Living, which is the Group’s response to the buoyant Private Rental market.
OUR MISSION AND VALUES
At Bugler, our mission is to build high quality, well-designed homes and continue to be a name trusted by clients and homebuyers alike.
Our values underpin our reputation and enable us to achieve our mission. They govern how we think, operate and behave towards each other, our partners and customers.
They are what makes us proud to be Bugler and ensure we make every new home and community we create a great P L A C E to live.
We enjoy excellent working relationships and encourage teamwork at every level.
We are an established safe pair of hands building strong relationships with both new and long-standing clients and customers
We are user friendly and always seek to co-operate and solve problems avoiding conflict at every juncture.
We believe in a caring environment allowing our people to flourish and always look to add value to the communities we serve.
We are quality driven and provide the best in everything we do.
Group Chief Executive
Bugler Homes Chief Executive
Group Financial Director
Group Land Director
Chief Executive Statement
The Audited Accounts have now been finalised across the Group and I am delighted to report that we achieved a very strong set of results for the financial year ending 31st March 2020.
We continued to successfully run all aspects of the business without any borrowing or Third Party Funding and remained in a very strong financial position with regard to cash-flow and solvency. We made several key appointments throughout our team that have enabled us to plan for the future growth and success of the Group.
Whilst the Group saw a slightly reduced turnover, the profits achieved were excellent and exceeded the budgetary aims and expectations. Furthermore, we were delighted to secure a number of new opportunities for both trading companies, which we anticipate will lead to a successful set of results in the current and forthcoming financial years.
Our contracting company, Bugler Developments, enjoyed a very good year financially. We set ourselves an ambitious target in terms of turnover and profitability and despite not quite achieving the projected turnover, the profits for the year were beyond expectations. More importantly, many new construction projects were secured throughout the year which has provided sufficient workload for this financial year and beyond.
Our development company, Bugler Homes, experienced a quiet year in terms of turnover but made great progress in solidifying existing opportunities and securing new ones. We were delighted to finally start work on our flagship development of 16 family Homes in Bagshot, Surrey. We aim to have this project built with the majority of the homes sold within the current financial year and I am pleased to report that we are well on track for this. The year also saw us make further progress with our planning applications on sites we already own which, we project, will yield further profits for the current financial year. During the year, two further sites have also been purchased and a number of long term subject to planning deals agreed.
Bugler Land continued to support both trading companies on the understanding that all land activity would ultimately be channelled and purchased via Bugler Homes. Land remained a key part of our activity; whether acquiring land for future private development via Homes or by way of introduction to our clients in order to secure build contracts or Joint Venture opportunities.
Further to our launch of the Bugler Foundation in early 2018, we were able to continue to offer financial support to a number of great causes throughout the year. As well as sponsoring local community sports clubs such as Harrow Borough FC, Hemel Hempstead Youth FC and Basing Hill Community Park FC, we were delighted to offer our financial support to a wide range of charities including; Signpost, the London North West University Healthcare Trust and the Hope of Child’s Hill Charity. Furthermore, we continued our support for the Watford Peace Hospice via a number of different events, as well as taking the role of main sponsor for the community based Harrow’s Heroes event organised by Harrow Council. As we have committed to allocate 2% of the Group’s annual pre-tax profits to the Foundation, the financial success of the Group in the financial year meant we have secured a large pool of additional funds to donate in the current year.
The above summarises what was a great year for the Group and this has further cemented our strong financial position and enabled us to plan for more sustained growth and success. We anticipate reporting another great set of results this time next year.