18 Jun 2015

Larkfleet CEO Wins Two Awards at Institute of Directors Awards

Fourteen East Midlands directors from Derbyshire, Leicestershire, Lincolnshire, Northamptonshire and Nottinghamshire were named as leaders in their business fields at the Institute of Directors’ (IoD) East Midlands Director of the Year Awards 2015, held on Tuesday 16 June.

Heading the awards were four category winners from Lincolnshire, two from Derbyshire and one each from Leicestershire and Nottinghamshire.

Karl Hick, Chief Executive Officer of Larkfleet Group construction  company, based in Bourne Lincolnshire, was named overall East Midlands Director of the Year and also won the Large Company category.

The judges said the following of Karl:

"A property business within a group experiencing serious financial problems was acquired in the early1990’s, and transformed, in 8 years, from zero turnover to £22m. It was subsequently sold for a very significant sum. This led to involvement in the waste sector and a return to the property sector.

  • The current group now includes a sustainable house builder, a major developer of sustainable energyprojects, an investor in sustainability focused research & development projects and a provider of energy efficiency improvements for new and existing buildings. Group turnover is almost £140m.
  • To ensure that the business stays ahead of its competitors, this director set up a R&O team to lead thedevelopment of new technologies in housing, waste and energy, wind and solar power. Some of the research has the potential to revolutionise the future of the construction industry.
  • This director has always had a 'hands on' management style but, as the business grew, recognised the need to develop an excellent management team to help lead the business forward. There is also a strongtrack record of investing in people, including apprentices and more recently graduate trainees to recruit train and retain future senior management talent.
  • This director has demonstrated a commitment to providing work experience opportunities for young people, employing local people, placing contracts with local suppliers and supporting local schools.

 There is a very strong emphasis on environmental sustainability and corporate social responsibility.

  • Individual companies within the group are: Larkfleet Homes, Allison Homes, Kestrel Timber Frame, Lark Energy, Deepings Building & Plumbing Supplies and Falcon Waste. A total of 150 people are employed."
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