Buckingham Swimming Pools owner managers Paul Mason and Dennis Ledbrooke have completed a management buy-out that has seen director Paul Walton- Collett take over as new ultimate majority shareholder and managing director of the group. The pair carried out a management buyout themselves back in 2009 to take control of the Kenilworth company that started out as J F Buckingham Ltd at the turn of the century, initially manufacturing light car engines, later widening its work into the likes of general press work and the development of optical instruments. In a joint statement Paul and Dennis said: “This is an incredibly exciting period for Buckingham Swimming Pools and we are proud to continue the heritage of this unique business by finalising this management buyout. “Succession planning is key to the long term success of any business and we have been active in ensuring that this is a top priority at Buckingham Swimming Pools.” Paul Walton-Collett added: “I am incredibly excited to be leading this great company into its next chapter. “Paul and Dennis’ leadership has been exceptional and we are delighted to have got a deal together that works for everyone.” Buckingham Swimming Pools was one of the first UK manufacturers of fibre glass pools, with products made at its factory transported around the UK and Europe. In its latest available accounts, for the year to 31 December 2017, the company made a turnover of £4.6m and pre-tax profits of £339,170. More than 40 staff and engineers are based at the company’s office and showroom at Dalehouse Lane.
Buckingham Swimming Pools
Tel. 01926 852351
www.buckinghampools.com
