TRAILBLAZERS
NATIONAL TIMBER GROUP/REMBRAND R National Timber Group inc Rembrand
NATIONAL TIMBER GROUP is the largest independent timber distribution and processing group in the UK.
The Group was created through the acquisitions of market-leading brands Thornbridge, North Yorkshire Timber, Rembrand and Arnold Laver.
The Group serves a diverse customer base including joiners, housebuilders, and contractors, and is a favoured supplier of large- scale infrastructure projects. In 2018, the Group has a combined turnover approaching £250million, over 1300 employees and 52 processing and distribution sites from the North of Scotland to London and the South West. In February 2018, Thornbridge, Scottish timber processing and distribution company, and North Yorkshire Timber (NYTimber) announed that the two businesses had merged to form an enlarged
REMBRAND THE NUMBERS
14/15 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 14/15 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
4.5
20.3 2.9 2.9
179
5,185 7.5
15/16 4.2
20.9 2.4 3.0
175
4,173 7.7
16/17 3.2
24.9 6.8 7.5
183
12,431 17.2 119
33.8 6.9
980 994 189
15/16
35.4 7.4
843
1,076 202
16/17
37.3 9.3
2,536 2,807 204
timber group, supported by further investment from Cairngorm Capital Partners LLP. Established in 1979, North
Yorkshire Timber has a dedicated 120,000ft2 design, manufactur- ing and distribution centre in Brompton-on-Swale and is sup- ported by seven branch outlets. NYTimber’s roofing solutions complements and extends the Thornbridge product offering, with customers now able to access a comprehensive range across timber, sheet, doorsets and roofing products. NYTimber’s senior management team continues with the business and Nick Kershaw, NYTimber managing director joined the Group Board.
In July 2018 timber merchant Rembrand was acquired to merge with Thornbridge Sawmills and become part of the National Tim- ber Group, adding 20 branches
% CHANGE
15/16 5 8
(14) 8 7
% CHANGE
15/16 (6) 3
(18) 3
(2)
(20) 2
16/17 (23) 19
185 148 4
198 124
16/17 5
26
201 161 1
to the total. The move followed the retirement of George Low, Rembrand Timber’s founder and managing director and was again supported by further investment from Cairgorm Capital Partners. In November 2018 the group was expanded again with the acquisition of Arnold Laver & Co. Limited. Arnold Laver is the timber division of Arnold Laver Holdings Limited, a family run company first established in 1920. It imports, distributes and manufactures a wide range of timber, panels, decorative surfaces and joinery productsand brought an annual turnover of over £130 million, from 13 strategically located distribution and process- ing depots across the UK, to the National Timber Group. There is also a national production centre at Mosborough near Sheffield. The enlarged Group is led by Rob Barclay, Group Chief Execu- tive, formerly with SIG plc, who joined The National Timber Group in June. It has three divisions: a Scottish division that is head- quarted in Grangemouth and
NATIONAL TIMBER GROUP
National Timber Group inc Rembrand Timber, Arnold Laver North Yorkshire Timber and Thornbridge
Shiellhill Wood, Tealing, DD4 0PW Tel: 01382 323200
www.rembrandtimber.com
Subsidiaries: Scotia Roofing, Kingdom Timber, GLOW Insulation & Site Supplies and GEL Plastics. Rembrand Doorsets
CEO: Rob Barclay Managing Director: Alex McLeod
Branches: 20 Employees: 169
BUILDERS MERCHANTS: A-Z
led by Alex McLeod, who joined the Group as Managing Direc- tor, Scotland, in September; one headquartered in Sheffield led by the Arnold Laver management team and a third headquartered in Northallerton and led by Nick Kershaw, Managing Director. Each of the underlying companies will retain their trading names.
April 2019 A supplement to builders merchants journal
35
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