TRAILBLAZERS National Timber Group
NATIONAL TIMBER GROUP THE NUMBERS
2020 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2020 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
Paintwell
PAINTWELL THE NUMBERS
2020 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2020 Stockturn Gross margin %
Operating margin % Net margin %
Sales/employee £k Profit/employee £ Return on capital % BMJ INDEX
In 1948 Harry Wellings
established Bromborough Paints, selling paint and wall coverings from a modest local corner
2.9
35.0 8.2 8.3 123
10,117 11.3
2021 3.0
36.0 6.8 6.2 137
9,293 37.0
2022 2.2
35.8 (4.8) (7.4) 121
(5,802) (72.6) (86)
16.9 5.9
1,386 1,395 137
2021
18.2 6.5
1,236 1,134 133
2022
19.7 7.0
(940)
(1,452) 162
PAINTWELL % CHANGE
2021 8
11
(11) (19) (3)
% CHANGE
2021 4 3
(17) (24) 11
(8) 229
2022 (29) (1)
n/a n/a (11) n/a n/a
2022 8 8
n/a n/a 22
38 Bromborough Village Road, Bromborough, Merseyside, CH62 7ET
www.paintwell.co.uk Tel: 0151 334 1237
Branches: 53 Employees: 250
Directors: Geoff Craythorne, John Ferrington, Jig Patel, Fiona Perrin, Keith Reville
shop based on the Wirral. The company grew to become the largest independent decorators’ merchant in the North West,
then, in 2015, Bromborough Paints acquired the e-commerce website
www.trade1st.co.uk. Shortly after Bromborough Paints’ acquisition by Cairngorm Capital, it was rebranded as Paintwell, and then in 2022, acquired independent decorators and builders merchant Kent Blaxill, and Promain Industrials. The builders merchant arm of
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Kent Blaxill was hived off into IBMG, another division owned by Cairngorm Capital, leaving the Kent Blaxill decorators merchants as part of PaintWell
PaintWell is now a one-stop shop for painting and decorating supplies, materials, tools and accessories for DIY, trade and specialist industries. It has a UK- wide network of 53 branches that stretches from Carlisle to Kent and beyond, with ambitious plans to open even more.
3.7
30.3 nil nil
164
(1,060) n/a
2021 3.8
31.6 5.7 3.8 210
11,855 636.6
2022 4.5
29.5 3.1
0.5 249
7,622 72.8 167
207.7 62.8
(1,340) (6,492) 1,264
2021
310.6 98.2
17,557 11,840 1,481
2022
347.8 102.8
10,663 1,888 1,399
NATIONAL TIMBER GROUP % CHANGE
2021 50 56
n/a n/a 17
% CHANGE
2021 3 5
n/a n/a 28
n/a n/a
2022 21
(7)
(46) (86) 19
(36) (89)
2022 12 5
(39) (84) (6)
Bramall Lane Sheffield Yorkshire S2 4RJ Tel: 0114 223 0300
www.nationaltimbergroup.com
Subsidiaries: 11 Branches: 60 Employees: 1,450
Chairman: Jim Faulds Group Chief Executive: Scott Cairns CFO: Richard Myatt Managing Director English Distribution: Patrick Guest Managing Director for Scotland: Nick Ratcliffe
Members of: BMF
National Timber Group was created through the acquisitions of Thornbridge, NYTimber, Rembrand Timber and Arnold Laver.
Other bands in the portfolio include Timberworld, National Timber Systems, Intelligent Door Solutions, Alco Timber, Hymor Timber and Orchard Timber Products. In addition, in 2022 it acquired SV Timber and NORclad Ltd
Its customer base covers joiners, regional house builders, commercial companies and infrastructure projects.
NATIONAL TIMBER GROUP • PAINTWELL BUILDERS MERCHANTS: A-Z
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