BUILDERS MERCHANTS: A-Z STARK Building Materials UK
STARK BUILDING MATERIALS UK 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
5.9
16.1 nil nil
246 nil nil
2022 6.4
15.4 1.3 2.7
269
3,393.2 35.6
2023
3.9 8.3 nil nil
157 nil nil
n/a
July 12 2023: current accounting period shortened from Dec 31 2023 to July 31 2023 2023 figures are for the seven months Dec 31-July 31
STARK Building Materials UK Ltd, joined the STARK Group family in March 2023, and began a journey to transform the group of builders’ merchant and distributor businesses.
The group has spent the past two years working to establish strong foundations to support the growth plans.
CEO John Carter says that, at the outset, the group made a conscious decision to actively seek feedback from a broad set of stakeholders – including customers and suppliers. “We also drew inspiration from our Nordic and German counterparts
Sydenhams
SYDENHAMS THE NUMBERS
21/22 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 21/22 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
32 2.8
43.3 15.4 15.4 217
33,447 34.7
22/23 2.8
40.5 8.8 8.8
203
17,878 17.5
23/24 2.7
40.9 3.9 3.9
182
7,026 7.0
(121)
106.5 46.1
16,389 16,380 490
22/23
95.4 38.6
8,385 8,417 469
23/24
84.1 34.4
3,253 3,305 463
SYDENHAMS % CHANGE
22/23 (10) (16) (49) (49) (4)
22/23 (2) (6)
(43) (43) (6)
(47) (50)
23/24 (12) (11) (61) (61) (1)
% CHANGE
23/24 (4) 1
(56) (55) (11) (61) (60
45-47 Ashley Road, Bournemouth Dorset BH1 4LG Tel:01202 303585
www.sydenhams.co.uk
Branches: 34
1 added in 2024: Shipston on Stour Showrooms: 8 Employees: 460
Chairman: James & Charles Sherborne Managing Director: Lee Wright Other Directors: Kevin Clarke, Oliver Sherborne, Jeremy Clark, Chris Carter, Brandon Carr, Ray Pride, Nick Meyer
Approx turnover for 2024: £81.6m
Buying Group: Fortis, NMBS BMF Member Yr end: 31/03/24
Founded in 1874 by James Thomas Sydenham in Poole, Dorset, Sydenhams was acquired in the 1920s by John Sherborne and the business has remained in the family for over 100 years, now in the hands of our Joint Chairmen and brothers; James & Charles Sherborne.
In 2023 it moved the Guernsey branch to a larger site, opening for business in September, increasing the offering to customers on the island. It also extended Timber Engineering capability by expanding the Wickham site with a new factory and state of the art truss press.
A supplement to builders merchants journal April 2025
within the Group. This means the improvements we have made to date, and the positive changes that are still underway, are in direct response to dynamic market conditions and so that we establish a valuable customer proposition for each of the market sectors we operate in.” The group has made significant progress, establishing strategic supplier partnerships within the UK, and leveraging the power of the European breadth of the Group.
Investment in the local branch and distribution network and national transport and logistics
2,771.5 447.4 (124)
(23,591) 11,279
2022
2,376.4 365.4
2023
1,321.3 110.2
29,965 (123,728) 63,822 (141,633) 8,831
8,422 STARK % CHANGE
21/22 (14) (18) n/a n/a (22)
21/22 8
(5)
n/a n/a 10
n/a n/a
22/23 n/a n/a n/a n/a (5)
% CHANGE
22/23 (40) (46) n/a n/a n/a n/a n/a
Merchant House Binley Business Park Harry Weston Road Coventry, CV3 2TT, Tel: 024 7643 8400
www.starkbuild.co.uk
Brands: Jewson, JP Corry, George Boyd, Normans, Minster, BuildAviator Estimating Service, Jewson Partnership Solutions Fraser,
CEO: John Carter
Branches: Jewson: 423, JP Corry 17 Normans 2 Frazer 17 Minster 21 George Boyd 10
BMF Member
platform, has continued, with better technology solutions underpinning our service improvements.
“Having introduced Jewson’s new branding at our flagship live event series – Jewson Live On Tour last April, we opened our first Jewson ‘branch of the future’ in Bridgwater in late Spring and our first purpose-built one in Farnborough last October; the same month, we also launched Jewson Craigentinny, bringing a new style of distribution service to customers in the Edinburgh area,” Carter continues. “We will open Jewson Luton later in the year, which will be our biggest flagship operation to date, and there will be a broader
property investment programme rolling out over the next two years.”
There are now three flagship Jewson Partnership Solutions (JPS) AVAIL Hubs supporting the local authority and social housing sector, and the Major Build Solutions business customers are benefiting from the network of six dedicated facilities. In Jersey, the group has committed a significant investment in its Five Oaks site; and the branch improvement programme is also continuing at pace across JP Corry, the Northern Ireland based business and Minster and Frazer, the group’s specialist trade propositions.
STARK • SYDENHAMS
TRAILBLAZERS
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