business

Rich List 2017: No.=21 - Keith Bradshaw and family

New appointment for co-founder of Listers car dealership whose fortune has increased by £30 million and Rich List ranking jump up three places

Keith Bradshaw(Image: Birmingham Mail)

Care Homes/Automotive
2017: No.=21 - £210m
2016: No.=19 - £180m

Keith Bradshaw was appointed to the ceremonial role of High Sheriff of the County of West Midlands in April, making him the Queen's judicial representative in the county.

He co-founded the Listers car dealership with business partner Terry Lister 37 years ago.

Since then it has grown into England’s largest independent dealer group, and was listed in the top half of the latest Sunday Times Top Track 100 list of growing companies.

The Stratford-upon-Avon-based company makes good profits, turns over more than £1 billion a year and is worth at least £250 million.

The company made a profit of £21.5 million in 2016.

The motor group's performance is boosted by its expanding portfolio of dealerships across the Midlands, East Anglia and the north of England, with substantial sales volumes coming from the group’s Audi, Mercedes-Benz and Volkswagen divisions.

The Volkswagen emissions scandal doesn't seem to have made too big a dent in sales to date.

2 Sisters and Listers named among UK's largest private companies

The company invested almost £1 million to give Listers Volkswagen Coventry in Quinton Road a major facelift.

Meanwhile the group’s dealerships pick up awards on a regular basis.

Aston-born Keith Bradshaw, aged 73, is chairman and 50 per cent owner of the Listers Group which remains is proudly independent.

With more than 50 outlets across the country, Listers employs 1700 people.

It is co-owned by Keith Bradshaw’s partner and public face of the group, Terry Lister. The two began in business with a single dealership and body shop in Coventry.

Listers runs an extensive portfolio of franchises, including BMW, Land Rover, Jaguar, SEAT, Audi, Honda, Toyota, Lexus, Mercedes and Volkswagen.

The company also has a franchise for Volkswagen commercials.

Keith Bradshaw is a Fellow of the Institute of Chartered Accountants.

After qualifying as an accountant in Birmingham in 1966 he attended Handsworth Technical College.

He spent time in West Africa before returning aged 30 and setting up a number of private companies, the foremost of which was BP Nursing Homes Ltd which became Takare PLC and which was sold to BUPA in 1998 for close on £300 million.

When it was sold it was the largest operator of its type in Europe, employing 14,000 people.

Listers chief appointed High Sheriff

He is non-executive chairman of property company Nurton Developments, run day-to-day by his son David who is managing director.

His brother, also David, is Nurton’s construction and technical director. The company has a policy of bringing unloved and neglected buildings back to life.

Nurton has become one of the region’s leading developers of industrial, office and mixed use retail and leisure space.

It has a residential offshoot - Urban Cube. Nurton is investing £3 million into the One Warwick Technology Park which it acquired in 2015 for £6 million.

Nurton is also investing £2.5 million into the modernisation No4 Temple Row - previously Aspect Court - turning it into 24,000 sq ft of office space.

Nurton’s flagship property is the landmark Two Colmore Square, which has undergone a £25 million transformation.

Keith Bradshaw also has an interest in Laney Headstock, which produces a range of musical instruments and sound reinforcement products.

His charitable roles include chairing the trustees of the Library of Birmingham and Deputy Lieutenant of the West Midlands.

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