BUILDERS MERCHANTS: A-Z COVERS • CARVERS • E H SMITH C Covers
COVERS THE NUMBERS
2019 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2019 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
5.8
35.2 4.9 4.6 181
8,795 9.7
2020 5.8
35.7 5.6 5.5 154
8,635 8.5
2021 5.8
37.9 9.5 9.5 221
20,951 19.2
2460
79.5 28.0
3,861 3,651 439
2020
63.0 22.5
3,523 3,455 408
2021
91.2 34.6
8,632 8,669 412
% CHANGE
2020 (21) (20) (9) (5) (7)
% CHANGE
2020 0 1
15 19
(15) (2)
(12)
2021 0 6
69 73 43
143 126
2021 45 54
145 151 1
Covers bought Wingham Timber and Mouldings, based near Canterbury in Kent towards the end of last year.
An independent timber merchant supplying construction grade timber, sheet materials, internal mouldings, wooden flooring, garden fencing and decking materials, along with timber for garden structures.
Carvers CARVERS
Littles Lane Wolverhampton WV1 1JY Tel: 01902577000
www.carvers.co.uk
Branches: 1 Showrooms: 1 Employees: 220
Carvers operates from two 10- acre sites. The Littles Lane site in Wolverhampton features a fully-stocked builders merchant branch, a kitchen and bathroom showroom, a cooker centre, Carvers DIY showroom, a landscaping centre and a drive- through warehouse for building materials.
The Neachells Lane site in Wednesfield is a specialist timber production and storage facility.
CARVERS THE NUMBERS
2019 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2019 Stockturn Gross margin %
Operating margin % Net margin %
Sales/employee £k Profit/employee £ Return on capital % BMJ INDEX
5.1
24.0 3.1
4.9 191
5,953 9.5
2020 6.1
27.2 6.3 6.3
203
12,784 15.8
2021 5.3
27.0 9.8 9.8
262
25,648 25.9 1591
40.4 9.7
1,262 1,996 212
2020
43.3 11.8
2,723 2,714 213
2021
56.6 15.3
5,540 5,557 216
Managing Director: Henry Carver Other Directors: Bryan Purslow, Neil Kendrick, Andrell Dinham, Richard Boult, Steve Moore
Turnover 2022 (est): £56m E
Carvers run a transport fleet of over 30 delivery vehicles and operate a wide range to suit most access restrictions and product requirements, including bulk site deliveries.
% CHANGE
2020 7
22
116 36 0
% CHANGE
2020 21 13
101 27 7
115 67
2021 (14) (1) 56 57 29
101 64
2021 31
30
103 105 1
E H Smith
TRAILBLAZERS COVERS Quarry Lane, Chichester, West Sussex
PO19 8PE
www.coversmerchants.co.uk Tel: 01243785141
Branches: 16 Showrooms: 5 Employees: 437
Chairman: Rupert Green Managing Director Henry Green Other Directors: James Bowry, Sean Clarke, Roger Lewis, Nick Walker, Phil Walford, Steve Weston, Neil Woods
Turnover 2022 (est): £95.56m Members of: BMF, NMBS, Fortis
Wingham Timber’s principal owners and directors, Beau Hart and Nigel Hylands, are continuing their involvement with the business, with Hylands continuing to operate the business.
E H SMITH
Westhaven House, Arleston Way Solihull, West Midlands B90 4LH
www.ehsmith.co.uk Tel: 01217137100
Subsidiaries: Builders Supply Stores Branches: 14 Employees: 460
EH Smith has acquired Builders Supply Stores Ltd, a family run builders’ merchant, trading in Coventry since 1931, run by the third generation of the Ballinger family. Builders Supply Stores employ 28 staff over their two sites in Spon End and Aintree Close in Coventry. EH Smith’s managing director, Mark Setchell, said: “The location in Coventry is a
E H SMITH THE NUMBERS
19/20 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 19/20 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
8.4
25.5 1.4 1.4
263
3,693 6.1
20/21
10.2 26.7 5.2 5.2
358
18,704 22.3
21/22 8.4
24.3 5.0 5.0 411
20,430 20.2 866
120.9 30.8 1,695 1,665 459
20/21
145.2 38.8
7,594 7,520 406
21/22
175.3 42.6
8,703 8,688 426
Chairman: John Parker Managing Director: Mark Setchell Marketing Directors: Mark Mallinder Product mix: 91% Heavyside / 8% Timber / 1% Lightside
Members of: BMF, NMBS, Fortis
natural fit within our existing geography, strengthening our service offering to our customers. We look forward to working closely with them throughout the transition period to ensure this is a smooth process for all staff and customers.”
% CHANGE
20/21 20 26
348 352 (12)
20/21 22 5
273 276 36
407 268
21/22 21 10 15 16 5
% CHANGE
21/22 (18) (9) (5) (4) 15 9
(9)
20
A supplement to builders merchants journal April 2023
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