LBS BUILDERS MERCHANTS LIMITED

1. LBS BUILDERS MERCHANTS LIMITED 2004-04-15 → present
2. LLANDEILO BUILDERS' SUPPLIES LIMITED 1931-03-18 → 2004-04-15

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bevan Buckland LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The forecasts prepared by the directors indicate that the company will be able to continue to trade profitably for the remainder of the year ended 31 December 2025 and the following year. Those forecasts also show that the company anticipates that it will be able to operate the business with the current financial facilities it has available, the company continues to pursue sustainable growth opportunities as well as, investing in areas which will develop sales, reduce costs or improve profit. On this basis the directors have concluded that it is appropriate that the financial statements be prepared on the going concern basis.”

Significant events

• “2024 was a busy year for projects. The Company acquired two new businesses; DG Heath (Timber Products) Limited based in Pontarddulais, Swansea and Denman & Sons (Builders Merchants) Limited in Pengam, increasing the number of trading sites to 30. The Financial Statements reflect goodwill included from the purchase of both sites.”
• “Alongside these new branches, the company relocated its Total Plumbing Swansea Branch and Showroom to an improved, larger site in Llansamlet, Swansea. The Company also relocated its LBS Maesteg branch to a larger site across town, doubling the size of the branch. The parent company purchased its LBS Neath site, which it had occupied since 2010, complete with additional land, before fully redeveloping and upgrading the branch offer. All three sites are trading positively in line with Directors' expectations. The Company also invested further into its IT security and eCommerce platforms to ensure an effective and robust operating system tied with innovation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +2.1%

  £87,066,943 → £88,930,996

• Cash

  -72.1%

  £10,880,874 → £3,038,162

• Net assets

  +1.6%

  £30,940,331 → £31,428,074

• Employees

  +0.6%

  466 → 469

• Operating profit

  -59.5%

  £1,789,109 → £724,321

• Profit before tax

  -58.7%

  £2,015,402 → £833,232

• Wages

  +2.2%

  £12,759,826 → £13,041,170

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers