Revision 291700697 of "Parkwood holdings" on enwiki

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== '''Parkwood Holdings plc''' ==
 

'''Parkwood Overview'''

Parkwood Holdings is a provider of support services to public and private sector clients in the United Kingdom. The Group employs around 5,000 people throughout the UK. 

The Group's services include Grounds Management, Leisure Management, Healthcare and management of PFI projects.  Although Glendale has progressed north of the border with Glendale Scotland, the remining services are almost exclusively based in England & Wales.

The majority of Parkwood’s customers are within local government, healthcare, housing and Ministry of Defence.

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[['''Parkwood Concerns ''']]

'''Financial'''
Plummeting share value to a div value of 38p (04/09) from a 12 month high of 155p have led to questions over the groups long term future.  City analysts are sceptical over group recovery and cite concerns over the Green Groups high turnover with minimal return, Leisure is classed as the groups only beacon for the future.
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Staffing'''
There have also been ethical concerns in some council circles over the groups treatment of staff particularly with leisure arm success allegedly at the expense of staff conditions and buildings management, the uncertain future culminated in the resignation of both the group finance director and Non executive director in March 2009.

One Union in 2004 labelled the company the 'Worst Public Sector company" over a wrangle over terms of staff.  The union also alleged that Parkwood Holdings (Leisure) retains has a pot set aside for employment cases.

'''Run away success of Leisure'''

The main profit making arm of the business has proven to be the run away success of the groups leisure arm led by allegedly ruthless Managing Director Andrew Holt.

Andrew joined their Group Board in 1997 and has responsibility for the Leisure division. He was previously involved in sport and leisure management in both the public and private sectors.

Born in Swansea, Holt’s career began in 1979 at the Britannia Leisure Centre in Shoreditch, east London, as a recreational assistant.  Following a further 10 years in leisure roles, Holt formed his own leisure management business, CLM ,in 1990 and quickly won five contracts from local authorities. The business was later sold to public service giant Serco.


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