TRAILBLAZERS Frank Key
FRANK KEY THE NUMBERS
2022 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2022 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
Haldane Group
HALDANE GROUP THE NUMBERS
2022 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2022 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
6.2
29.1 6.4 6.2
249
16,021 21.9
2023 6.2
28.4 2.4 2.1
228
5,531 6.8
2024 6.2
30.4 3.1 2.9
227
6,942 9.0 (2)
Highbourne Group
HIGHBOURNE GROUP THE NUMBERS
2022 Turnover £m Gross profit £m
Operating profit £k Net profit £k Staff
THE RATIOS 2022 Stockturn Gross margin %
Operating margin % Net margin % Sales/head £k Profit/head £
Return on capital % BMJ INDEX
3.9
25.7 2.5 2.4
366
9,181 16.5
2023 4.4
23.2 0.7
-3.5 415
2,986 55.0
2024 4.1
23.8 0.4
-4.5 426
1,804 43.7 (2)
1,324.2 340.3
33,200 31,600 3,616
2023
1,388.4 321.8
10,000
(49,100) 3,349
2024
1,369.7 325.8 5,800
(62,200) 3,215
HIGHBOURNE GROUP
% CHANGE 2023 5
(5) (70)
(255) (7)
% CHANGE 2023 13
(10) (71)
(248) 13
(67) 234
2024 (1) 1
(42) 27 (4)
2024 (7) 3
(41) 28 3
(40) (21)
Highbourne House, 1 Eldon Way, Crick, Northampton NN6 7SL Tel: 0330 678 0267
www.cityplumbing.co.uk www.highbournegroup.co.uk www.plumbworld.co.uk
Branches: 350 + Showrooms: 280+ Employees: 3000+
Chief Executive Officer: Dave Evans Chief Finance Officer: Earl Sibley
Approximate turnover for 2025: £1,470m
BMF Member: Yes Financial year end: December 31 2024
Highbourne Group operates in the UK plumbing, heating and renewable energy market. Its brand portfolio includes; City Plumbing Supplies and PTS, The Bathroom Superstore, The Underfloor Heating Store, DHS, National Shower Spares, Plumbworld and Plumnation. Highborne Group has over 370 branches across its brands, and 3250 employees, serving the trade, contractor and consumer markets.
179.8 52.3
11,583 11,159 723
2023
165.2 47.0
4,010 3,440 725
2024
165.0 50.1
5,054 4,731 728
HALDANE GROUP % CHANGE
22/23 (8)
(10) (65) (69) 0
22/23 0
(2)
(62) (66) (8)
(65) (69)
23/24 (0) 7
26 38 0
% CHANGE
23/24 0 7
26 38 (1) 26 34
Shepherds Way Carnbane Industrial Estate Newry, Co Down, BT35 6QQ Tel: 02830263201
www.haldane-fisher.com
Branches: 23 Showrooms: 8 Employees: 728
Chairman: David Haldane Managing Director: Charles Burns Directors: Simon Walling, Tom Dunn, Michelle Buckland, Chris Stewart, Alan Chambers, Rob Haldane, Ian Haldane
Approximate turnover for 2025:£165m
Buying Group: Fortis BMF Member: Yes
Financial year end: December 31 2024
Family owned since its inception in 1946, Haldane Group’s experience spans generations, and incorperates Haldane Fisher NI, Haldane Fisher - Isle of Man, Haldine Fisher - UK, GE Robinson, Plumbmaster, Prowood, Bathline, and Key Hardware.
The company serves both trade and public, with branches across Northern Ireland, England, and the Isle of Man supplying 13,000 products across 800 brands. In 2023 the company began major growth and development plans, which will see over £50m invested across the buisness over a five year period.
6.7
36.0 5.5 5.4
163
9,005 16.8
2023 6.3
35.9 3.5 3.1
160
5,662 10.7
2024 6.6
36.0 1.3 0.8
160
2,134 2.8
(31)
34.0 12.2
1,882 1,828 209
2023
32.2 11.6
1,138 996 201
2024
31.0 11.2 414 247 194
FRANK KEY
% CHANGE 2023 (5) (5)
(40) (46) (4)
% CHANGE 2023 (6) (0)
(36) (42) (2)
(37) (36)
2024 (4) (3)
(64) (75) (3)
2024 5 0
(62) (74) (0)
(62) (74)
Portland Street Daybrook Nottingham NG5 6BL Tel: 01159208208
www.frank-key.co.uk
Branches: 5 Showrooms: 2 Employees:194
Chairman: Robert Sansom Managing Director: James Norton Directors: Richard Meeks, Ben Sansom
Approximate turnover for 2025: £31.53m
Buying Group: NBG BMF Member: Yes
Financial year end: December 31 2024
Frank Key Group Limited is a large privately owned builders merchant and plant and tool hire specialist across Nottinghamshire, Derbyshire, Yorkshire and Lancashire.
Founded by Mr Frank Key in
1907, it moved to the Daybrook head office in 1953 and has been expanding ever since.
Today it is one of the biggest builders merchants in the East Midlands and Yorkshire, with 19 branches stretching from Keighley to West Bridgeford.
FRANK KEY • HALDANE GROUP • HIGHBOURNE GROUP
BUILDERS MERCHANTS: A-Z
April 2026 A supplement to builders merchants journal
19
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