| Type | Public (LSE: HLCL) |
|---|---|
| Industry | Property |
| Founded | 1919 |
| Headquarters | London, UK |
| Key people | Giles Weaver, Chairman Michael Slade, CEO |
| Revenue | £67.4 million (2010)[1] |
| Operating income | £16.1 million (2010)[1] |
| Net income | £9.6 million (2010)[1] |
| Website | www.helical.co.uk |
Helical Bar plc (LSE: HLCL) is a leading British-based property business. It is headquartered in London and is a constituent of the FTSE SmallCap Index.
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The Company was formed in July 1919 to make and sell reinforcing steel for the construction industry and was originally known as The Helical Bar and Engineering Company Limited.[2] The sale of the steel reinforcement business to its management at the end of 1986 enabled Helical Bar to diversify into a property development and investment company.[2]
In 2008 a consortium of Helical Bar and Grainger was named as the preferred developer for the King Street regeneration scheme in Hammersmith.[3]
The Group is organised into two activities:
As at 31 March 2010 its investment portfolio was valued at £220m and its development and trading portfolio was valued at £183m.[1]