London Square

Hidden mission statement
http://www.londonsquare.co.uk

Officially a Very Good
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Officially a Very Good
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Officially an Outstanding
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Officially a World Class
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Officially a Global*
Good Company
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Officially a Good
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Globally*

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Best Company to work for in the UK
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CHALKED UP ON the blackboard in the kitchen are the London Square specials. These aren't dishes, but divisional targets for selling, planning or costs for the homes it builds. When a team reaches its targets, they are crossed out on the board and the members get a bonus. So nobody is planning to leave London Square behind in a cloud of dust tomorrow (a top-three positive score of 94%). This new entry, based in the capital, was founded in 2010 and constructs more than 1,000 properties a year within the M25, from starter homes to £4m townhouses. Last year, revenues topped £48m and the company was sold by the private equity firm Graphite Capital to fund manager Ares Management. Staff numbers grew from 46 to 60 people, who feel excited about where the organisation is going (94%). Adam Lawrence, the founder and chief executive, wanted “old-school principles” of the highest standards, plus a fresh approach. One employee says: “The chief executive can be seen living and breathing the values [which include the highest standards of professionalism] every day, whether he is eating lunch with his staff, playing table tennis in the garden or encouraging his team to view his office with an open door.” Lawrence has a plan people believe in (91%). Senior managers are good at listening (88%), and every department has a blackboard on which people can chalk up their thoughts and ideas. The staircase of the company headquarters, for instance, is now adorned with a magnetic photoboard for sharing images, and everyone has a personalised mug in the kitchen. People can confess if things are going badly at “cafe-style” informal meetings with managers (89%). But they say they feel well treated, fair and square (83%). www.londonsquare.co.uk

Featured Workplace Factors

Leadership

100% of staff agreed

I have confidence in the leadership skills of the senior management team

London Square has implemented the Cycle to Work scheme and has also organised corporate membership rates at nearby Hillingdon Sports Club, to help promote a healthy lifestyle to their staff. London Square has table tennis in the garden, which staff can enjoy during breaks throughout the day, giving them a chance to unwind, catch up with colleagues or even help brainstorm new ideas over a different kind of meeting table.

My Company

100% of staff agreed

I believe I can make a valuable contribution to the success of this organisation

Each department within London Square has a weekly team meeting in which all members of staff are encouraged to feedback their ideas and suggestions. The divisional director is then given the opportunity to present these ideas to other departments for feedback at the weekly management team. Each department also has a blackboard where they can chalk up jokes, thoughts and anecdotes, with a quote from the divisional director, giving them the opportunity to share these on a daily basis with the rest of their team. Every day, the team, including the Chief Executive, eat together if they are in the office at Wagamama-style tables in the dining room or play table tennis together outside, giving staff the opportunity to discuss their ideas with other members of the company. The open plan office has a relaxed open door policy so staff can approach any member of the company when they need to, including directors in their offices, to share ideas or seek counsel.

My Manager

98% of staff agreed

I have confidence in the leadership skills of my manager

Each department within London Square has a weekly team meeting in which all members of staff are encouraged to feedback their ideas and suggestions. The divisional director is then given the opportunity to present these ideas to other departments for feedback at the weekly management team. Each department also has a blackboard where they can chalk up jokes, thoughts and anecdotes, with a quote from the divisional director, giving them the opportunity to share these on a daily basis with the rest of their team. Every day, the team, including the Chief Executive, eat together if they are in the office at Wagamama-style tables in the dining room or play table tennis together outside, giving staff the opportunity to discuss their ideas with other members of the company. The open plan office has a relaxed open door policy so staff can approach any member of the company when they need to, including directors in their offices, to share ideas or seek counsel.

Quick Facts

Organisation established in
Total number of employees
Number of UK locations
Employee average age
Male : Female employee ratio
Employees earning £35k+
Employee turnover (voluntary)

Benefits

Holidays

Companies offering a minimum of 26 days annual leave to all employees.

Profit Related Pay

Companies where Profit Related Pay is available to all employees.

List Positions

National Ranking
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39
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39
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