Executive Summary
Hargreaves Services plc is a leading provider of materials and services to the energy industry and other large material consumers. Hargreaves' services include mineral trading and coke production, handling and processing of materials through port facilities, and bulk road haulage.
Company History
Established in 1994.
Current Events
Business Model
Products/Services
Segments/Customers
Production/Operations
Production Division[1]
- Maltby Colliery - producing 1m tonnes per annum of thermal and high quality coking coal, producing 6.3MW of electricity.
- Monckton Coke Works - producing over 200,000 tonnes of high grade coke per annum., 7MW of electricity, benzole and tar. Also recycles 30,000 tonnes of waste tyres at MRT to produce rubber crumb and tire wire.
Energy and Commodities Division[1]
- Largest independent importer of coal into the UK, trading in excess of 2m tonnes.
- Trades both the Monckton and Maltby production.
- Owns the largest ash-management company in the UK (50% jv)
- Largest domestic coal supplier in UK (50% jv with UK Coal)
- One of the largest refractory minerals and coke traders in Europe.
- 50% jv in Rocfuel - a leading biomass supplier
- 70% owns Rocpower - a renewable energy developer
Transport Division[1]
- Largest UK bulk aggregates haulier... aggregates, salt, grain, coal, biomass
- Top 5 UK Chemical Transport Company, benzole, tars, chemicals, pressurized gases, petroleum etc.
- One of the largest independent waste transport companies serving WRG, SITA, Shanks and local authorities.
- Largest UK inland canal fleet.
Industrial Services Division [1]
- Material Handling
- Bulk Material Warehousing
- Engineering Support
- Site Services
- Long term contracts with power stations, ports and rail facilities.
Distribution/Routes to Market
Market & Competition
Market Share
Main Competitors
Competitive Strengths and Weaknesses
Management
Timothy Stuart Ross - Non-executive Chairman
Tim read law at Oxford University and qualified as a solicitor, working in the City of London and as a company legal adviser, before attending London Business School and moving into general management. He has considerable experience of the construction, aggregates, waste disposal and opencast coal industries. He was a main board director of George Wimpey PLC from 1991 to 1996 and is currently nonexecutive chairman of May Gurney Integrated Services plc and deputy chairman of Connaught plc. He is also a non-executive director of Ennstone plc and Lavendon…
