TURNOVER: £100m+ THE BRADFORDS GROUP
HPS I COMPANY NAME
TRAILBLAZERSBMJ
Bradfords
Bradfords Group reports a solid year on the back of a number of internal changes and new senior hires in the core BBS merchanting busi- ness supported by phenom- enal growth in the plumbing and heating business, which now has 15 branches. Tool Hire has grown to 21 branches and continues to do well and take market share.
The Kitchens, Bathrooms have seen investment and continue to develop in line with expectations.
The company, which has seen consistent growth throughout the year and expects it to continue into 2017, has a turnover in ex- cess of £150 million. Market- ing director Adam Charman says this gives them the buying power to stock the best quality and widest range of products.
“It also means we have developed our knowledge and support across many specialised building areas
BRADFORD & SONS THE NUMBERS
Turnover £m Gross profit £m
13/14 152.1 44.0
Operating profit £k 2,720 Net profit £k
2,251 Staff 1,018 THE RATIOS 13/14
Stockturn 6.0 Gross margin %
29.0
Operating margin % 1.8 Net margin % Sales/head £k Profit/head £
1.5 149 2,672
Return on capital % 5.3 BMJ INDEX
A supplement to BMJ April 2017
14/15 6.6
30.3 1.8 1.5
154
2,846 6.1
32.3 1.6 1.2
145
2,364 5.1
8 15
14/15 168.0 50.9
3,099 2,511 1,089
timber, doors and windows, bricks, ironmongery, kitch- ens and bathrooms.” The company anticipates another solid year for 2017 with the fruits of its efforts in 2016 coming to fruition. Bradfords has continued its development in 2017 with the acquisition of Crockers, a highly respected general builders’ merchant operating from one branch in Dawlish, South Devon. Crockers has been trad- ing for over 60 years and is renowned for providing a knowledgeable and friendly service.
The company specialises in the supply of all general building materials as well as plumbing and heating products and kitchens and bathrooms.
Bradfords Group Chief Ex- ecutive Mark Eburne, said: “This acquisition is great news for both Bradfords and Crockers and marks another in our growth ambitions.
% change
15/16 14/15 15/16 169.4 54.7
2,757 2,100 1,166
10 16 14 12 7
1 7
(11) (16) 7
% change
15/16 14/15 15/16 5.8
9 5 3 1 3 7
15
(12) 6
(12) (17) (6)
(17) (17)
Crockers becomes the 40th branch in the Bradfords Building Supplies network. “We are delighted to be welcoming the Crock- ers team to the Bradfords Group. It is great news for our customers who will - ing network in the South West”.
Part of the Bradfords Group is UK roof truss sup- plier Crendon Timber Engi- neering, which, during the past year, has invested £1.5 million in a a new state-of- the-art manufacturing facil- ity. at the company’s site in East Harling, Norfolk. One of six Crendon production facilities in the opened on September 9th by South West Norfolk MP Elizabeth Truss, not only the Secretary of State for Justice.
THE BRADFORDS GROUP
Bradford & Sons 96 Hendford Hill, Yeovil, Somerset BA20 2QT Tel: 01935 845245
www.bradfords.co.uk
Brands: Bradford Builing Supplies Crendon Timber Engineering Snows Timber
YBS Plumbing & Heating
Branches: 49 Employees: 640
Chairman: Nicholas Briant CEO: Mark Eburne Managing director: David Young
Commercial director: Roy Chiverton
Marketing director: Adam Charman
% heavyside/lightside/timber sales: 47%/28%/25%
Forecast turnover this year: £110m
Members of: BMF,
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