Stephen J Ashworth FRICS









Stephen Ashworth FRICS is Chairman & CEO, major shareholder of Hurstwood Holdings and joint founder and major shareholder of Arrowmere Capital and Queens Square Capital, all three individual property investor and developers in their own right with Stephen and Hurstwood having numerous awards for regeneration and business success. He is also a chartered surveyor, receiving his fellowship in July 2016.


During his 25 years in business, Stephen has been involved in many companies ranging from commercial property investment and development, house building, contaminated land reclamation, timber import & distribution, security & CCTV installation, motor dealerships and medical.


The companies that he has been and is still involved with in a key leadership role and operational executive director & shareholder have created over 1000 jobs, constructing over 1000 homes in the North West region, investing over £350 million in commercial property investment and development all across the UK.


At Hurstwood in Stephen’s roles, between the years of 1994 and 2001 as Managing Director and 2002 to 2007 as Chairman and CEO, he took the Group from a £1m turnover company to a £80m turnover per annum, employing at its peak 385 people and generating profits of over £30m between the years of 1998 and 2007, with total gross assets of over £100m at the time, all whilst remaining a privately owned and managed company.


Following the financial crisis of 2008/9 Stephen and his team worked hard to keep the business alive where many failed and decided to consolidate and focus it’s attention on commercial property investment, land strategy and planning with only selective development and house building, and with no contracting or building from which the company had originated. A difficult decision but one that proved to be the best long term.


Today the main investment vehicle Arrowmere Capital, started by Stephen 11 years ago, together with Hurstwood, all of which is now badged as Hurstwood Holdings, owns and manages over £160m of commercial and residential property on over 100 sites nationwide housing over 700 occupier sites.


Stephen and his team take great care and pride to run a solid, professional and well-financed group of companies, with many new and existing projects to take forward in 2020, taking the group of companies to their best-ever position.


Over the years Stephen has also worked in a number of joint ventures, both alongside other developer investors and financial institutions in contaminated land reclamation, refurbishment of heritage & listed buildings, commercial & residential property investment and development, and medical research and development of products.  These joint ventures have been carried out over a number of years and Stephen is very proud of his teamwork approach which allows the collaboration of individual talent and resource to pool together to produce a greater and more successful end result.


Stephen’s excellent track record, both in building companies, leadership, acquisition of property and land, teambuilding (over 25% of his staff have worked in the business for over 10 years and 50% for over 5 years), generating profits and high levels of service and efficiency for his clients over many years has enabled him to build up a wealth of experience.  This has been further enhanced by the challenges presented to him in the last 12 years following the 2008 economic downturn, guiding his business through these difficult times and ensuring their survival and returning them to full investment and operation health and profitability, indeed making them better than ever.


Stephen, a fellow of the Royal Institution of Chartered Surveyors, an RICS registered mentor, and the Chairman of the North West Regional Board, is very focussed on his property career. He remains steadfast in his positive approach to business and very focussed on the property industry, drawing upon his wide and varied experience, constantly seeking new opportunities whilst concentrating on improving and maintaining his existing projects and commitments. He takes an active role in the RICS, dedicated to the future of the profession he loves whilst also helping others to improve and achieve full chartered status. Stephen has ran and financed his own graduate programme at Hurstwood for over 12 years. He has also helped the RICS with their involvement with the LandAid charity in helping to find accommodation for the homeless youth in Manchester.


Qualifications and Awards


Fellow of the Royal Institution of Chartered Surveyors (FRICS) 2016

RICS Registered Mentor 2016


Chairman of RICS North West Regional Board

August 2018


Ernst and Young Entrepreneur of the Year

Property and Construction North Region 2006


EN Magazine

Best Property Entrepreneur 2006


Lancashire Young Director of the Year 2005


North and Western Lancashire Chamber of Commerce

Outstanding Business Achievement Awards

Business Person of the Year 2004


North and Western Lancashire Chamber of Commerce

Outstanding Business Achievement Awards

Young Entrepreneur of the Year 2005


Insider Magazine

42 Under 42 Finalist 2006


2016 – Fellowship of the Royal Institution of Chartered Surveyors FRICS

2011 – 2015     Completion of diploma and full membership to the Royal Institution of Chartered Surveyors MRICS


Personal Information


Stephen enjoys his family life and is the proud Father of 3 children, Sophie 29, Aimee 27 and Sam 24.

Stephen takes his charitable work very seriously, working closely over the last 25 years with various charities and education and special needs groups for children in the North West. Over the years he has raised over £500,000 for these charities, including Derian House Children’s Hospice and Destination Florida Children’s charity through corporate events with Hurstwood. 

Stephen has also raised £100,000 individually through sponsored fundraising trips, cycling across Jordan, from Las Vegas to Grand Canyon in Nevada, from Banff to Jasper in the Canadian Rockies, from Delhi to the Taj Mahal in Rajakhstan, India, across Cuba from Havana to the Che Guevera Memorial, London to Paris, and recently from Yosemite National Park to San Francisco.  A keen mountaineer, he has also climbed Mont Blanc, the highest peak in Europe along with Kilimanjaro, Tanzania and Mount Toubkal, Morocco -the two highest peaks in Africa, all for charity. Over the years he has taken on and completed many leadership responsibilities in mountaineering.

2020 will see Stephen walk the route of Machu Picchu with future trips planned in Iceland and Nepal, again for charity.  

He is a volunteer carer and fundraiser for the Destination Florida Charity for disabled and underprivileged children and spends time working and fundraising for the charity with his family and business interests.

Stephen and his companies are also involved with Cheshire Connect, an organisation who helps other charities improve and work more efficiently.

When he can squeeze some time in for himself Stephen enjoys walking, cycling and playing tennis.




Mr Ged Mason OBE

Chief Executive

Morson PLC

Adamson House, Centenary Way, Salford, Manchester M50 1RD


Mr Tim Luckman

Regional Director,


One Piccadilly, Manchester, M1 1RG


Mr Marc Goldberg


Together Money

Lake View






Mr Dan Crossley MRICS


Avison Young 

Norfolk House

7 Norfolk Street


M2 1DW