ISG Ltd (formerly Interior Services Group) is a privately-owned, London, UK-based construction company. It employs around 2,800 people, mainly in Europe, the Middle East and Asia, and has operations in 24 countries.
History
The business that became ISG was founded as Stanhope Interiors in 1989 by David King
who led its management buyout from Stanhope Properties in 1995, when it was renamed Interior plc.
In 1997, the business, Interior Services Group, was floated on the
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ...
of the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. It officially changed its name to ISG plc in April 2013.
In March 2016, it was taken private by US-based Cathexis (the investment vehicle of Texan billionaire William Harrison),
previously a substantial shareholder, in a £85m takeover.
In May 2021, ISG reported its results for 2020, affected by the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
. Revenue was down 23% to £2.0bn (2019: £2.6bn); underlying EBITDA for the year was £37.6m (2019: £63.3m).
Fit-out is ISG's biggest source of revenue (£1,042.3m in 2020), followed by construction (£690.8m) and engineering services (£293.3m).
Notable projects
*Renovation of
Royal Festival Hall
The Royal Festival Hall is a 2,700-seat concert, dance and talks venue within Southbank Centre in London. It is situated on the South Bank of the River Thames, not far from Hungerford Bridge, in the London Borough of Lambeth. It is a Grade I l ...
, London (2007)
*Fit-out of
St Pancras International railway station, London (2008)
*Renovation of
Zayed Sports City Stadium
Zayed Sports City Stadium ( ar, ستاد مدينة زايد الرياضية) is a multi-purpose stadium located in Zayed Sports City, Abu Dhabi, United Arab Emirates.
The largest stadium in the UAE with 45,000 seats, it has iconic status and ...
,
Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area.
...
, United Arab Emirates (2009)
*
Lee Valley VeloPark
Lee Valley VeloPark is a cycling centre on Queen Elizabeth Olympic Park in Stratford, London, England. It is owned and managed by Lee Valley Regional Park Authority, and it was opened to the public in March 2014. The facility was one of the ...
, London (2011)
*
Humber Gateway Wind Farm
Humber Gateway Wind Farm is an offshore wind farm east of Spurn Point off the coast of North East Lincolnshire, in the North Sea, England; the wind farm is located in water depths around and covers an area of approximately . The wind farm bec ...
visitor centre (2013)
*
Seevic College (2013–14), notable for a legal ruling on the interim payment provisions in Part 8 of the
*
Royal Mint
The Royal Mint is the United Kingdom's oldest company and the official maker of British coins.
Operating under the legal name The Royal Mint Limited, it is a limited company that is wholly owned by His Majesty's Treasury and is under an exclus ...
visitor centre,
Llantrisant
Llantrisant (; "Parish of the Three Saints") is a town in the county borough of Rhondda Cynon Taf, within the historic county boundaries of Glamorgan, Wales, lying on the River Ely and the Afon Clun. The three saints of the town's name are SS ...
(2014)
*
Wigan Town Hall
The new Town Hall is a former technical college in Library Street, Wigan, England which was converted into a municipal facility in 1990. It is a Grade II listed building.
History
The building, which was designed by Briggs and Wolstenholme in th ...
restoration (2016)
*
BBC Cymru Wales New Broadcasting House
BBC Cymru Wales New Broadcasting House (), previously known as the BBC Cymru Wales Headquarters building, is the headquarters of BBC Cymru Wales in Central Square, Cardiff. It operates many of its broadcasting services (radio and TV) from ther ...
, Cardiff (2019)
*
Waterloo International redevelopment, London (ongoing in 2021)
*
Lord's
Lord's Cricket Ground, commonly known as Lord's, is a cricket venue in St John's Wood, London. Named after its founder, Thomas Lord, it is owned by Marylebone Cricket Club (MCC) and is the home of Middlesex County Cricket Club, the England and ...
cricket ground, London: redevelopment of Compton and Edrich stands (2019-2021)
*
Cardiff Transport Interchange
Cardiff Transport Interchange (or sometimes Cardiff Interchange or The Interchange) is a new bus and transport interchange, as well as offices and apartments, in the centre of Cardiff, the capital city of Wales. It has been under construction sin ...
(due to complete in 2023)
*
Britishvolt gigafactory, in
Blyth, Northumberland
Blyth () is a town and civil parish in southeast Northumberland, England. It lies on the coast, to the south of the River Blyth and is approximately northeast of Newcastle upon Tyne. It has a population of about 37,000, as of 2011.
The port o ...
(construction started in September 2021
before being temporarily suspended in August 2022)
References
{{Reflist
Construction and civil engineering companies of the United Kingdom
British companies established in 1989
Companies based in London
1989 establishments in England