TRAILBLAZERS UK Plumbing Supplies
UK PLUMBING SUPPLIES THE NUMBERS
2020 Turnover £m Gross profit £m
Operating profit £k Net profit £k
THE RATIOS 2020
Stockturn 5.0 Gross margin %
Operating margin % Net margin %
Sales/employee £k Profit/employee £ Return on capital % BMJ INDEX
29.1 0.4 nil
281
1,163 nil
2021 4.1
25.4 3.0 2.4
332
10,122 54.2
2022 4.3
27.5 5.4 4.5
382
20,669 68.9 724
UK PLUMBING SUPPLIES
Quayside 2a, Wilderspool Park, Greenalls Avenue, Stockton Heath, Cheshire, WA4 6HL
Brands: Willbond, HPS, PlumbStop, Sparesbase, Plumbase, UKPS, Plumbstore, PlumbCity, MDS, Gas Centre, Michael Pavis, Graham, Plumbco, CorgiDirect, Crossling
Branches: 300 Employees: 200 Directors: Douglas Christie, Angus Falconer, Tony Hogg, Gordon Love, Douglas McNair, Steve Wimbledon, William Woof
Member of: BMF Wolseley UK
Having made seven acquisitions in 2022, Wolseley UK only added one in 2023, the Scottish plumbers merchant Highland Plumbing and Heating Supplies, expanding the business’ presence in Scotland.
WOLSELEY UK THE NUMBERS
20/21 Turnover £m
THE RATIOS 20/21
BMJ INDEX
21/22
22/23
144
1,660.8
21/22
1,729.9
22/23
1,869.8
Highland Plumbing and Heat- ing Supplies was established in 2002 and will be integrated with Wolseley’s exisating merchant in Scotland, although it will retain its identity and continue to operate
% CHANGE
21/22 4
% CHANGE 21/22
22/23
22/23 8
as it does now from a customer perspective.
A trading update for the group for the first half ending January 31 2024 reported that Wolseley Group continued to trade well, despite continued challenges facing the market. These include product price inflation and the continued, although improving, product supply shortages. Underlying trading remained good through the period, with both revenue and profitability growing over the same period in the prior year.
As well as the acquisition of Highland PLumbing & Heating, the group bought a majority stake in the bathroom specialist C.P. Hart which operates in the premium bathroom sector, both residential and commercial, from 16 showroom locations.
April 2024 A supplement to builders merchants journal WOLSELEY UK
2 Kingmaker Court Warwick Technology Park Gallows Hill Warwick Warwickshire CV34 6DY Tel: 01926 705000
www.wolseley.co.uk
Subsidiary brands: William Wilson , Burdens Civils, Fusion Utilities, Wolseley Managed Services. Northern Heating, Bassetts, DHS, Neville Lumb and Ideal Bathrooms, Heat Merchants, Tubs & Tiles and Hevac, CP Hart (majority stake)
Branches: 560 William Wilson 21 showrooms 17 Burdens: 16 Employees: 5,046
COO John Hancock CEO: Simon Gray Managing Director Wolseley Pipe Centre and Climate Centre: Peter Grierson
Members of: BMF
203.8 59.4 844
(1,960) 2021
616.2 156.7
18,767 14,509
Staff 726 1,854 2022
809.4 222.4
43,838 36,708 2,121
% CHANGE 2021 202 164
2124 n/a 155
% CHANGE 2021 (17) (13) 635 n/a 18
771 n/a
CROSSLING THE NUMBERS
2022 31
42
134 153 14
2022 3 8
78 93 15
104 27
2020 Turnover £m Gross profit £m
Operating profit £k Net profit £k
THE RATIOS 2020
Stockturn 3.7 Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
25.9 5.7 5.9 178
10,174 8.3
2021
4.4 27.1 8.3 8.3
250
20,665 12.9
2022 4.2
29.1 10.5 10.8 245
25,806 15.3 141
38.9 10.1
2,218 2,289
2021
47.7 12.9
3,947 3,962
Staff 218 191 2022
5,187 5,342 201
% CHANGE 2021
28 78 73
2022
49.3 23 3 14.3
11 31 (12)
% CHANGE 2021 16 5
45 41
40
103 56
35 5
2022 (4) 8
27 31
(2) 25 19
UK PLUMBING SUPPLIES • WOLSELEY UK BUILDERS MERCHANTS: A-Z
UK Plumbing Supplies, a subsidiary of Marlowe Holdings Limited, has built up a range of subsidiary plumbers merchant brands, over the past few years. The group’s plumbers merchant brands comprise: GB Willbond, Heating Plumbing Supplies (HPS), Plumbcity, Plumbstop, Plumbstore (Plumbing & Heating Supplies), Bathroom Centre, Gas Centre Holdings, Millbrook Distribution & Spares and Plumbase, as well as a plumbers merchant business in
Oxfordshire called UK Plumbing Supplies, with seven locations. HPS has 37 branches across the south branches from Dover to Maidenhead and Poole. Plumbase, acquired from the Grafton Group in 2019, has 136 branches; there are also 59 Graham branches acquired from Saint Gobain, and in 2023 UK Plumbing Supplies added Keystone Contracts (Bristol) Ltd and AMS Plumbers Merchants Holdings Ltd.
The group’s latest acquisiton, made in January 2024, is that of north-east plumbing merchant Crossling, the plumbing and pipeline merchant. Trading divisions include Stokplas at Doncaster and Northern Tools & Accessories. The 15 branches are at Ashington, Brighouse, Carlisle, Darlington, Derby, Doncaster, Dumfries, Liverpool, Manchester, Newcastle, Sheffield, Stockton, Sunderland, Team Valley and Wakefield.
39
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88
