What New World Builders does

New World Builders Limited is a privately held, family-owned UK construction company founded in 1989 by Tom Fearey and his three sons (Stephen, Robert, and David Fearey), headquartered in Cheshunt, Hertfordshire with operations across South East England. The firm delivers four core services — New Build, Refit & Refurbishment, Small Works (£1,000–£500,000), and 24/7 reactive and planned preventative Maintenance — alongside an integrated Design & Build capability, executed by a directly employed multi-trade workforce (civil, structural, mechanical, electrical) supplemented by specialist subcontractors. Project values span from a few thousand pounds up to £4 million under the Major Contracts and Design & Build Division.

The company serves a diversified blue-chip client base across six verticals: Retail (Vision Express, Lidl, KFC, New Look, Tesco, Halfords, Matalan, Laura Ashley), Commercial & Industrial, Facilities Management (delivered as a subcontractor to tier-1 FM providers including OSS, SSS, Bellrock, CBRE, FMS, and SSE Enterprise), Leisure (TUI, Marriott, Nando's, McMullens), Education (Church Langley Primary School, Manor Lodge School), and Charity (The Salvation Army). Pricing is quote-based and project-specific, secured through tender processes, competitive tendering, negotiated contracts, and partnering arrangements, with maintenance delivered under SLAs with KPI management.

Revenue is generated through a mix of one-time project-based construction contracts and recurring maintenance service agreements. Distribution is direct enterprise sales plus FM intermediary channels, with no reseller or platform model. The firm holds Constructionline, CHAS, SAFEcontractor, Altius, and ISO 9001-aligned accreditations and is currently led by the Fearey family's second generation, with Stephen Fearey as Managing Director, Robert Fearey as Maintenance & Marketing Director, and David Fearey as Small Works Director.

Name

New World Builders

Legal name

New World Builders Limited

Website

https://newworldbuilders.co.uk

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

New World Builders is a family-owned UK construction firm delivering new build, refurbishment, 24/7 maintenance, and small works services (£1k–£4m) across the South East of England for blue-chip retail, FM, commercial, education, and charity clients.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Specialty Trade Contractors (238)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Renovation, Remodeling & Tenant Improvements (General Contracting) (IMAFAAAE)

Keywords

• Commercial construction services
• Building refurbishment and fit out
• Facilities maintenance services
• Reactive maintenance contracting
• Design and build contractor

Headquarters

HQ city

Cheshunt

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Construction and Maintenance Services: New World Builders generates revenue through a mix of one-time project-based construction contracts (new build, refit, refurbishment, small works) and recurring maintenance service agreements including 24/7 reactive maintenance and planned preventative maintenance programmes. Project values range from a few thousand pounds to several million. Maintenance contracts are typically structured as Service Level Agreements (SLAs) with Key Performance Indicators (KPIs).

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

New World Builders delivers multi-trade construction and maintenance services across four core lines: New Build (large multi-unit construction including demolition, design, planning, fit out and landscaping), Refit & Refurbishment (structural, roofing, M&E, joinery and fit-out with expertise in live trading environments), Small Works (end-to-end delivery for projects from £1,000 to £500,000), and Maintenance (24/7 reactive and planned preventative maintenance across brickwork, carpentry, electrical, plumbing, roofing, drainage, flooring, painting and decorating). Services are delivered through a directly employed multi-trade workforce with specialist subcontractors, supported by an integrated Design & Build capability covering architectural design, structural engineering, planning, building regulations and project management.

Product overview

New World Builders is a UK-based building company offering a portfolio of four core construction services: New Build (large new construction projects), Refit & Refurbishment (property renovation and fit-out), Maintenance (24/7 reactive and preventative building maintenance), and Small Works (projects from £1,000 to £500,000). These services are delivered across six key sectors: Commercial & Industrial, Retail, Facilities Management, Leisure, Education, and Charity. The company also offers Design & Build as an integrated delivery approach. Projects range from a few thousand pounds to several million, serving clients from small businesses to multinational corporations across the South East of England.

Differentiator

Problem solved

Functional benefit

Products and services

• New Build New build construction services for industrial, retail, commercial and leisure sectors, ranging from large multi-unit developments to single new builds, including demolition, design, planning, infrastructure, fit out and landscaping.
• Refit & Refurbishment Refit and refurbishment services for commercial, retail and leisure properties covering structural work, roofing, mechanical and electrical, joinery, partitioning, internal and external fittings and finishes, with expertise in working in live environments with minimum disruption.
• Maintenance 24/7 all-trades maintenance service with rapid response capabilities, including reactive and planned preventative maintenance programs covering brickwork, carpentry, electrical, plumbing, roofing, drainage, flooring, painting, decorating and general building fabric, with a dedicated Service Manager and SLA/KPI framework.
• Small Works End-to-end small works service covering projects from £1,000 to £500,000, including design, installation, building stages and project management, with particular attention to roofing solutions.
• Design & Build Comprehensive design and build solutions handling all stages from architectural design and structural engineering through to planning, building regulations, construction and project management.

Quantifiable outcome

• Projects delivered ahead of programme and within budget for major clients including Safestore Pentonville Road (3 phases over 2 years).
• +5 more outcomes

Named customers29 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and minor.

• LidlcoreStrategic or Co-development PartnerLong-standing client relationship involving multiple store refits, extensions, demolitions and new builds across UK locations including Pinner, Milton Keynes, Finchfield Wolverhampton, Poole, Sittingbourne, and Kentish Town. Major Contracts Division handles projects ranging from £500,000 to £4 million for multi-site chains including Lidl.
• KFC UKIcoreStrategic or Co-development PartnerKFC UKI is a major retail client for New World Builders, using the company for rapid response maintenance and project works. KFC has specifically acknowledged New World Builders for continuing where others would have given up, working extended hours to minimise store closure time.
• ATS EuromastercoreStrategic or Co-development PartnerATS Euromaster has maintained a nearly 20-year working relationship with New World Builders. NWB has completed fit-outs, refits, and maintenance works across multiple ATS Euromaster locations. ATS Euromaster notes a two-way working relationship with mutual understanding.
• SafestorecoreStrategic or Co-development PartnerSafestore is a major client with a multi-phase structural refurbishment project at Pentonville Road, London (3 phases over 2 years) delivered ahead of programme and within budget. Safestore describes New World Builders as a family run business that really does care about its clients.
• Vision ExpresscoreStrategic or Co-development PartnerVision Express has been using New World Builders for store maintenance, small works and dilapidation projects for over 10 years. The relationship is valued for New World's ability to react at short notice and understand retail requirements.
• Access Self StoragecoreStrategic or Co-development PartnerAccess Self Storage has commissioned multiple full design and build projects including Guildford (36 weeks) and Hemel Hempstead (10 months, 9th project for this client). Projects comply with Access Self Storage corporate guidelines.
• OSS Managed ServicescoreChannel Partner/ Reseller/ DistributorOSS Managed Services has maintained consistent maintenance service delivery from New World Builders for circa 20 years. NWB delivers works through OSS's managed service contracts on behalf of OSS's own blue-chip client base including Halfords, Laura Ashley, and others. OSS describes New World as professional, loyal, honest, and hardworking.
• SSS Management ServicescoreChannel Partner/ Reseller/ DistributorSSS Management Services contracts New World Builders for maintenance and project works on behalf of retail clients including Matalan. NWB provides cost-effective everyday repairs and emergency response for SSS clients in the Home Counties area.
• Nando'scoreStrategic or Co-development PartnerNando's has worked with New World Builders for over 2 years providing planned and reactive maintenance cover plus project works throughout restaurants in and around London. NWB provides a high level of support working closely with property and operations teams.
• McMullenscoreStrategic or Co-development PartnerMcMullens is a long-standing leisure sector client. NWB has completed pub refurbishments and a new build public house (The Chieftain in Welwyn Garden City, 1 year). McMullens describes NWB as professional, well run and managed at all levels.
• TUI Group (Thomson Travel)coreStrategic or Co-development PartnerTUI Group (formerly Thomson Travel) has used New World Builders for travel agency refurbishments to new concept and ongoing property maintenance works. TUI's Lead Regional Property Manager describes the team as very committed and passionate.
• CBREminorChannel Partner/ Reseller/ DistributorCBRE is listed as an FM services client, using New World Builders for facilities management services.
• BellrockminorChannel Partner/ Reseller/ DistributorBellrock is listed as an FM services client, using New World Builders for facilities management services.
• FMS (Part of Tennals Group)minorChannel Partner/ Reseller/ DistributorFMS is listed as an FM services client, using New World Builders for facilities management services.
• SSE EnterpriseminorChannel Partner/ Reseller/ DistributorSSE Enterprise is listed as an FM services client, using New World Builders for facilities management services.
• The Salvation ArmyminorStrategic or Co-development PartnerThe Salvation Army is a charity sector client using New World Builders for reactive maintenance and external works. New World Builders takes its corporate social responsibilities seriously when working with charities.
• SantanderminorStrategic or Co-development PartnerSantander contracted New World Builders for a branch closure refurbishment and fit-out including M&E in Kings Lynn, completed in 6 weeks on time and within budget. NWB was awarded future store on roll-out programme.
• Travis PerkinsminorStrategic or Co-development PartnerTravis Perkins engaged New World Builders for surface re-surfacing and branch improvement works at their Cuffley branch. Branch manager praised the professional and efficient process and end result.
• MatalanminorStrategic or Co-development PartnerMatalan uses New World Builders for maintenance through SSS Managed Services. Tony Stuttaford MBIFM describes NWB as superb at responding to emergencies with excellent field workforce communication and flexible working practices.
• New LookminorStrategic or Co-development PartnerNew Look commissioned New World Builders for fitting room decoration and refurbishments across 34 stores over a 12-week programme. Client feedback was very positive.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Bowmer + Kirkland: Privately held UK contractor with retail, commercial, leisure, and industrial exposure. Overlaps with NWB in retail fit-out and refurbishment programmes for multi-site operators.
• Wates Group: Large UK privately held construction and FM group. Overlaps with NWB on multi-trade maintenance, refurbishment, and fit-out services to enterprise clients across retail, commercial, and education.
• Galliford Try: Listed UK construction group covering commercial, education, and leisure. Comparable in refurbishment and D&B delivery to enterprise clients, though operating at significantly larger scale.
• McLaren Construction: Established UK contractor active in commercial, residential, leisure, and retail construction. Broader scale and wider portfolio than NWB, but overlapping service lines and customer types in retail and commercial fit-out.
• Willmott Dixon: Major UK construction and property services group with deep presence in education, leisure, and commercial sectors. Overlaps with NWB on refurbishment, maintenance, and education sector contracts but at materially larger scale.
• Morgan Sindall: Listed UK construction and regeneration group with construction, fit-out, and maintenance operations. Comparable sector exposure to retail, education, and commercial, with overlapping D&B and refurbishment capability.

Direct peers

• John Sisk & Son: Family-founded UK and Ireland contractor delivering construction, fit-out, and maintenance across commercial and retail sectors. Comparable multi-generational family heritage and broad service portfolio.
• Seddon Group: Privately held, mid-sized UK construction and property maintenance firm operating across the North West and Midlands. Comparable to New World Builders in offering multi-trade construction, refurbishment, and maintenance services to blue-chip clients with a directly employed workforce.
• Eric Wright Group: Privately owned UK construction and property services group with construction, FM, and maintenance divisions. Comparable to New World Builders in combining multi-trade construction with ongoing FM and maintenance offerings to enterprise clients.
• Speller Metcalfe: Mid-sized UK contractor delivering new build, refurbishment, and maintenance across commercial, education, leisure, and retail sectors. Directly comparable in service mix, sector mix, and private family-style operation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/nwb100
• LinkedInlinkedin.com/company/new-world-builders-limited

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New World Builders