BUILDERS MERCHANTS: A-Z Lords
LORDS 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/employee £k Profit/employee £ Return on capital % BMJ INDEX
6.8
19.7 3.6 2.8 511
18,555 24.5
2023 7.5
20.0 2.0 0.6
500
9,863 5.8
2024 7.1
19.5 1.0
-0.6 462
4,534 -5.5 2
Lords was established over 35 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire. Since then, the Group has grown to a business operating from 49 sites. The Group operates through three divisions: Merchanting, with 33 locations in the UK, Plumbing and Heating: a specialist distributor with over 16 locations, and Digital: a market-leading e-commerce only platform serving UK homeowners and trade professionals through a suite of specialist Superstore websites. Lords Group floated on the AIM market in July 2021, with the target of becoming a £500m turnover company by 2024.
M Markovitz
MARKOVITZ 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
8.7
21.8 2.6 2.4
326
8,414 19.6
2023 9.2
22.7 2.6 2.3
336
8,568 19.2
2024
10.5 21.8 1.0 0.6
346
3,604 5.5 81
108.5 23.7
2,802 2,626 333
2023
125.9 28.5 3,213 2,904 375
2024
135.2 29.5
1,409 849 391
% CHANGE
2023 16 21 15 11
13 % CHANGE
2023 5 4
(1)
(5) 3 2
(2)
2024 14
(4)
(59) (73) 3
(58) (71)
2024 7 3
(56) (71) 4
MARKOVITZ
Foljambe Business Park, Whiteross Road, Tideswell SK17 8NY Tel: 01298 87223
www.markovitz.co.uk
Branches: 23 (including specialist civils & Insulation branches) Showrooms: 2 Employees: 400
Chief Executive Officer: David Hopkins Regional Director Steve Carr Commercial Director: Robert Turner, Other Directors: Jennifer McBain, Lorraine Kilvert National Sales Director, M Markovitz Ltd Insulation & Drylining Division: Steve Bagshaw
Buying Group: H&B BMF Member: Yes
Financial year end: December 31 2024 26 A supplement to builders merchants journal April 2026
The Markovitz family of companies has grown since setting up in 1935, both locally and nationwide, and now encompasses nine builders’ and plumbers’ merchants, three civils depots, 11 insulation and drylining distribution centres, two kitchen and bathroom studios, a specialist stove & cooker showroom, and a 2 AA-rosette restaurant with rooms, The Merchant’s Yard in Tideswell.
450.0 88.8
16,328 12,798 880
2023
462.6 92.4
9,133 2,973 926
2024
436.7 85.2
4,285
(2,609) 945
LORDS % CHANGE
2023 3 4
(44) (77) 5
% CHANGE
2023 11 1
(46) (77) (2)
(47) (76)
2024 (5) (2)
(50)
(193) (8)
(54) (194)
2024 (6) (8)
(53)
(188) 2
12-15 Hanger Green, London, W5 3EL Tel: +44(0)20 7466 5000
www.lordsgrouptradingplc.co.uk
Brands: Lords Builders Merchants, Hevey Building Supplies, Condell, George Lines, AW Lumb, Advance Roofing Supplies, MAP building and civils supplies, WeldIt, APP Wholesale, Mr Central Heating, Direct Heating, HRP, Column Rads, Ultimate Renewables Supplies, CMO Superstores.
Branches: 49 Showrooms: 49 Employees: 938
In the past year, it has opened a new branch in Mansfield, under the trading name of its AW Lumb subsidiary, and acquired the trade and assets of CMO Group Limited the UK online-only retailer of construction products following a CMO pre-pack administration process.
It has also opened two joint branches under the trading arms of Lords Builders Merchants and Advance Roofing Supplies. The first is on the Lords Trading Estate in Bicester, formerly operated by Blanchford Building Supplies. The second is on a prominent 1.6 acre site, and brings over 40 years’ worth of trading history within the Bury St Edmunds
community as a former Kent Blaxill site. Both branches have undergone comprehensive modernisation. The group also
began the year having resigned from h&b, the independent builders merchants buying group.
Chairman: Gary O’Brien Managing Director/CEO: Shanker Patel Chief Financial Officer: Stuart Kilpatrick Chief Operating Officer Merchanting: Steve Durdant-Hollamby Lords Builders Merchants- Managing Director: Ricky Coakley Divisional Commercial Director: Jamie Herd Group Business Development Director: Neil Lake
APP Wholesale Ltd Chief Operating Officer : Matthew Webber Divisional Operations Director - Merchanting: Darren Price
BMF Member: Yes Financial year end: December 31 2024
LORDS • MARKOVITZ
TRAILBLAZERS
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