Parkwood Holdings

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.

'''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. '''

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 success of the groups leisure arm led byManaging Director Andrew Holt.