BUILDERS MERCHANTS: A-Z TURNBULL • WALTER TIPPER T Turnbull
TURNBULL 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
7.9
26.8 3.1
3.0 231
7,199 31.4
2020 7.1
27.4 5.5 5.3
228
12,520 38.9
2021 6.2
28.0 7.4 7.2
290
21,420 58.8 1447
Turnbull first opened for business in 1895 selling building materials out of a small yard on Station Road in Sleaford.
Tippers
Tippers is a family-run builders merchant which has been supplying the Midlands with building supplies, materials and hardware for over 100 years. Since it opened its first branch in Lichfield, the company has expanded to 11 locations: Lichfield, Uttoxeter, Tamworth, Nuneaton, Kidderminster, Birmingham, Rugeley, Huthwaite, Wolverhampton, Birmingham Tool Hire, Ashbourne and Stoke- on-Trent. There’s also a specialist
TIPPERS 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
4.6
32.1 6.4 6.1
203
12,954 15.7
2020 4.6
34.1 9.5 9.3 192
18,195 19.5
2021 4.3
34.0 10.7 10.6 216
23,015 21.2 624
52.9 17.0
3,381 3,240 261
2020
50.3 17.1
4,767 4,662 262
2021
57.1 19.4
6,099 6,028 265
volumetric concrete offer, Tippers Precision Concrete. In 2022, the company celebrated raising a total of £200,000 for its chosen charity, Acorns Children’s Hospice. The company reached the impressive milestone for the charity’s Walsall hospice, Acorns in the Black Country, which they have been supporting through donations and fundraising since 2018.
TIPPERS
Europa Way Lichfield Staffs
WS14 9TZ
www.tippers.com Tel: 01543440000
Branches: 11 Showrooms: 6 Employees: 265
Managing Director: Andrew Tipper Directors: Peter Sampson, Amy Tipper, Bill Tipper, Joe Tipper
Product mix: Heavyside 65%, Lightside 25% Timber 10%
Members of: CBA PHG NMBS BMF % CHANGE
2020 (5) 1
41
44 0
% CHANGE
2020 1
6
48 51
(5) 40 24
2021 (7) (0) 13 14 12
26 8
2021 14 13
28 29 1
45.3 12.2 1,411
1,354 196
2020
45.1 12.4
2,479 2,413 198
2021
59.5 16.7
4,391 4,297 205
TURNBULL % CHANGE
2020 (0) 2
76 78 1
% CHANGE
2020 (10) 2
76 79 (1) 74 24
2021 (13) 2
34 35 27 71 51
2021 32 34 77 78 4
boxes made in WW2 can still be seen in the area and they’re made from Turnbull gravel. There are now 10 branches in locations across Lincolnshire and Nottinghamshire.
In 2018 the Newark branch expanded and doubled in size to provide extensive plumbing and building supplies to the local area.
After WW1, the company sold sand and gravel extracted from local pits making deliveries by horse and cart. Concrete pill
In 2020 a brand-new Turnbull Kitchens & Bathrooms showroom located in Lincoln opened, In 2021 the Boston Plumbing
95 Southgate, Sleaford, Lincolnshire, NG34 7RQ
www.turnbull.co.uk Tel: 01529 303025
Branches: 10 Showrooms: 6 Employees: 204
CEO: Chris Hopkins Chairman: Gary Hopkins Other Directors : Paul Roberts, Tony Needham, Stephen Vickers, Martin Hopkins
Members of: BMF, NMBS, Fortis
TRAILBLAZERS
& Heating Supplies branch relocated after 21 years at Norfolk Street site to the current site on Nelson Way.
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A supplement to builders merchants journal April 2023
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