TRAILBLAZERS IBMG
IBMG THE NUMBERS
2021 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2021 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
3.4
31.8 1.2 nil
170
2,017 nil
2022 5.8
29.6 nil nil
278
(2,482) nil
2023 6.5
29.3 nil nil
276
(11,247) nil
n/a
Independent Builders Merchants Group is the largest merchant group in the south, formed through more than 20 acquisitions made since the initial acquisition of Parker Building Supplies by Cairngorm Capital in March 2018.
GRANT & STONE THE NUMBERS
2021 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2021 Stockturn Gross margin %
Operating margin % Net margin %
Sales/employee £k Profit/employee £ Return on capital % BMJ INDEX
6.0
32.5 5.4 5.4
281
15,079 21.8
2022 5.0
30.7 2.2 3.7
406
8,861 20.5
2023 6.6
27.8 nil nil
307
(5,430) nil
(137)
PARKER BUILDING SUPPLIES THE NUMBERS
2021 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2021 Stockturn Gross margin %
Operating margin % Net margin %
Sales/employee £k Profit/employee £ Return on capital % BMJ INDEX
10.0 27.7 7.0 1.1
302
21,155 26.9
2022 9.6
29.8 7.5 7.5
284
21,346 62.4
2023 9.1
32.5 1.5 1.4
276
4,046 9.5
(106) April 2025 A supplement to builders merchants journal
97.5 27.0
6,833 1,079 323
2022
91.9 27.4
6,916 6,869 324
2023
84.6 27.5
1,238 1,160 306
109.7 35.7
5,896 5,972 391
2022
187.4 57.5
4,094 6,938 462
2023
209.4 58.2
(3,709) (3,835) 683
While IBMG has retained many of the strong local merchanting brands across its business, it operates as one integrated company led by a single management team.
The group has 177 branches, % CHANGE
21/22 n/a n/a n/a n/a 18
21/22 n/a (6)
(59) (32) n/a n/a n/a
22/23 12 1
n/a n/a 48
% CHANGE
22/23 33 (9)
n/a n/a (24) n/a n/a
328.6 104.6 3,892
(16,565) 1,930
2022
619.5 183.6
(5,527) (40,911) 2,227
2023
621.7 182.2
(25,294) (79,161) 2,249
IBMG % CHANGE
21/22 89 76
242 147 15
% CHANGE
21/22 71 (7)
n/a n/a 63
n/a n/a
22/23 12 (1)
n/a n/a (1)
n/a n/a
22/23 0
(1)
n/a n/a 1
Chaucer Business Park, Unit J1-J4 Franklin House, Dittons Rd, Polegate BN26 6JF Tel: 01825748400
https://www.independentbm.com/
Branches: 177 Showrooms: 38
Branches Added/Closed in 2024 3 closed, 1 added Employees: 2045
Chairman: David Moore CEO Martin Stables CFO: Richard Robinson COO: Alun Pittingale CCO: Peter Cudd
Approximate turnover for 2024: £605m
Buying Group: NMBS and AWEBB BMF Member
revenues in excess of more than £600m, and over 2,000 employees. Its reach extends from Cornwall to Kent and comprises builders’ merchants, electrical wholesalers, plumbers’ merchants, kitchen and bathroom showrooms, roofing merchants, a timber processing site, and a dedicated ecommerce business. In June 2023, the company acquired the two builders merchants branches of Kent Blaxill - Bury St Edmunds and Colchester, which took it into East Anglia for the first time.
The brands the company operates under are: Buildit, Burns Plumbers Merchants, Chandlers Building Supplies, Chandlers Roofing Supplies, CRS, Devondle, Dougfield, Fairalls, Grant & Stone, Grant & Stone Merkko, Independent Roofing Supplies, Kent Blaxill Builders Merchants, MS Roofing Supplies, Parker
% CHANGE
21/22 (6) 2
n/a 537 0
% CHANGE
21/22 (4) 8
n/a 575 (6)
n/a 132
22/23 (5) 9
(81) (82) (3)
(81) (85)
22/23 (8) 0
(82) (83) (6
RGB THE NUMBERS
2021 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2021 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
3.6
32.8 7.9 7.9
173
13,643 21.8
2022 5.1
30.1 4.0 4.1
224
8,976 13.3
2023 5.5
29.4 3.2 3.2
216
6,879 9.5 (14)
61.0 20.0
4,816 4,802 353
2022
84.3 25.4
3,384 3,463 377
2023
83.6 24.6
2,662 2,706 387
% CHANGE
21/22 38 27
(30) (28) 7
% CHANGE
21/22 42 (8)
(49) (48) 30
(34) (39)
22/23 8
(2)
(21) (21) (3)
(23) (29)
22/23 (1) (3)
(21) (22) 3
IBMG BUILDERS MERCHANTS: A-Z
Building Supplies, Pennyhill Timber, RGB, Roofing Gear, Stamco Hoppings and Sussex Plumbing Supplies.
l The tables for Grant & Stone, RGB and Parker Building Supplies are included to show their growth and relative contribution to the overall IBMG total.
23
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