Utterwick Group plc
Engineering capability. Environmental responsibility. Intelligent instrumentation.
Utterwick Group plc is a Nottingham-based industrial services group listed on the London Stock Exchange. Founded in 1993 by Derek Pallister and Carolyn Shreve, the Group takes its name from a hamlet near Southwell, Nottinghamshire, where Pallister grew up. From a single environmental consultancy, the Group has grown to encompass three operating divisions and approximately 1,400 employees.
Strategic narrative
The Group's equity story is built on three complementary capabilities: environmental services, where we began; engineering solutions, acquired through the purchase of Hartfield & Sons in 1996; and data and instrumentation, created in 2008 to address the growing demand for industrial sensor networks and predictive maintenance systems.
This diversified model provides resilience across economic cycles. Environmental compliance work is counter-cyclical; engineering solutions follow infrastructure investment; and instrumentation serves long-term digital transformation programmes across water utilities, chemical processing and food manufacturing.
Our stakeholder engagement programme ensures that the interests of shareholders, employees, customers and the communities in which we operate are reflected in our strategic priorities and capital allocation decisions.
Financial performance
As at 31 December 2023
For the year ending 31 December 2023, Utterwick Group plc reported revenue of £187 million and an adjusted EBITDA of £23.4 million, representing an EBITDA margin of 12.5 per cent. The Group continues to invest in operational capability and digital infrastructure across all three divisions.
Our divisions
The Group operates through three divisions, each led by an experienced managing director with deep sector expertise.
Utterwick Data & Instrumentation
Founded within the Group in 2008, the instrumentation division designs and manufactures wireless industrial sensor platforms and cloud analytics software. Sophie Callender, Managing Director, joined from Renishaw in 2016 and leads the division's product development and market expansion programme.
Visit divisionUtterwick Environmental
The founding business of the Group, Utterwick Environmental delivers contaminated land remediation, environmental assessments and groundwater monitoring services. Claire Doveridge, Managing Director, joined from Arcadis in 2010 and has overseen the launch of the carbon and sustainability advisory service.
Visit divisionUtterwick Engineering Solutions
Originating from the acquisition of Hartfield & Sons in 1996, the engineering division provides fluid systems engineering, structural steelwork and mechanical and electrical installation services. Graham Nettleship, Managing Director, has been with the company since 1999.
Visit divisionCompany identity and heritage
Utterwick Group plc was founded in 1993 by Derek Pallister, a former process engineer at British Coal, and Carolyn Shreve, a chartered accountant who had trained at Ernst & Young in Birmingham. The company name derives from a hamlet near Southwell, Nottinghamshire, close to where Pallister grew up.
Derek Pallister served as Chief Executive until his retirement in 2017. Carolyn Shreve left the board in 2014. Their legacy is a Group that combines engineering rigour with commercial discipline — qualities that continue to define the organisation under its current leadership.
Updated April 2026