Roofing firm looks to future with EOT

A Sheffield-based roofing company has secured its future by transferring ownership to its workforce.

Martin-Brooks Roofing Specialists Ltd, which was founded in 1984 and delivers projects across Sheffield and surrounding areas, from minor repairs to complete re-roofs, has created an employee ownership trust (EOT) for its 60 employees, providing a framework to reward staff, maintain independence and ensure long-term stability. 

Founders Gerald Brooks, Jeremy Martin and John Elmore, who joined in 1989, will step back from daily management while remaining on the board and providing strategic guidance.

Jeremy said: “Martin-Brooks started life with just two employees and now has more than 60.

“The switch strengthens our talented team’s commitment, safeguards our long-standing values and secures the company’s legacy.”

The EOT is being overseen by a new board of trustees, including chairman John Elmore, Richard Christian and Justin Moyse. 

Jeremy added: “The strong management team here will ensure that the business can continue to drive forwards with the key values of independence, community and teamwork whilst retaining, building upon, and further developing the principles the business has held for 40 years. 

“Becoming employee-owned gives our amazing team here a genuine say in the business and the brilliant service we deliver to our clients.”

Legal support for the EOT was provided by Tom Haywood, Eleanor Storey and Christie Smith from Wake Smith Solicitors, with tax and financial advice from UHY Hacker Young.

Tom added: “We are delighted to support Martin-Brooks to become an EOT.  

“The firm is a well-established provider in its market and enjoys a reputation across Yorkshire and beyond for its commitment to craftsmanship.  

“Employee ownership is not a barrier to growth or success, with many regularly outperforming their independently owned peers in revenue growth, profits, job creation and productivity. 

“We are excited to see how it will progress under the new structure.”  

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