SPECIALIST BUILDING PRODUCTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-11 (in 1mo)
Last made up 2025-05-28
Watchouts
None on the register
Cash
£6M
-44% vs 2023
Net assets
£77M
+1% vs 2023
Employees
1,866
-1.6% vs 2023
Profit before tax
£20M
-0.1% vs 2023
Name history
Renamed 4 times since incorporation
- SPECIALIST BUILDING PRODUCTS LIMITED 2013-05-13 → present
- S.B.P. LIMITED 1998-06-04 → 2013-05-13
- EPWIN LIMITED 1988-01-15 → 1998-06-04
- EUROPLAS LIMITED 1985-01-11 → 1988-01-15
- EUROPLAS WINDOWS & DOORS MANUFACTURING LIMITED 1976-07-14 → 1985-01-11
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £304,867,000 | £282,996,000 | |
| Operating profit | £25,444,000 | £25,307,000 | |
| Profit before tax | £19,643,000 | £19,616,000 | |
| Net profit | £15,371,000 | £15,138,000 | |
| Cash | £11,390,000 | £6,379,000 | |
| Total assets less current liabilities | £158,530,000 | £159,131,000 | |
| Net assets | £76,724,000 | £77,467,000 | |
| Equity | £76,724,000 | £77,467,000 | |
| Average employees | 1,897 | 1,866 | |
| Wages | £63,715,000 | £65,263,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 8.3% | 8.9% | |
| Net margin | 5.0% | 5.3% | |
| Return on capital employed | 16.0% | 15.9% | |
| Gearing (liabilities / total assets) | 67.8% | 67.6% | |
| Current ratio | 1.19x | 1.21x | |
| Interest cover | 4.39x | 4.45x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements of the company are prepared on a going concern basis as the directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company is integral to the wider operation of the Group (Epwin Group Plc and its subsidiaries) and as such is reliant on fellow group companies for funding should it be needed. The ultimate parent company, Epwin Group Plc, has confirmed that it will continue to provide financial support to the company for the foreseeable future and for at least the next 12 months from the date of approval of the financial statements and the Directors are satisfied that the ultimate parent company would be in a position to provide such support to the company if needed. Consequently, the directors expect the company to be able to meet its liabilities as they fall due, and the financial statements have therefore been prepared on a going concern basis. For further detail, please see disclosures relating to going concern in the Annual Report and Accounts for the year ended 31 December 2024 of Epwin Group Plc.”
Group structure
- SPECIALIST BUILDING PRODUCTS LIMITED · parent
- Specialist Building Contracting Limited 100%
- Specialist Outdoor Products Limited 100%
- Accrington Plastics Limited 100%
- Epwin Materials Limited 100%
- IG Elements Limited 100%
- Solent Verandahs Limited 100%
- Winep 67 Limited 100%
- Hampton Decking Holdings Limited 100%
- Specialist Building Distribution Limited 100%
- Winep 71 Limited 100%
- Venture Building Plastics Limited 100%
- Crown Architectural Aluminium (UK) Limited 100%
- Plastic Building Supplies Limited 100%
- SBS (Cumbria) Limited 100%
- Amicus Building Products Limited 100%
- Churchley Bros. Limited 100%
- Churchley Builders Plastics Limited 100%
- Hampton Decking Limited 100%
- Magden Limited 100%
- Masterglaze Limited 100%
- Masterjoint Limited 100%
- National Building Plastics Limited 100%
- National Plastics (Building Products) Limited 100%
- National Plastics Limited 100%
- Nu*Stock Limited 100%
- Poly-Pure Limited 100%
- Poly-Pure (Kent) Limited 100%
- Safedoors Limited 100%
- Saltire Trade Plastics Limited 100%
- Scotplas Trade Centres Limited 100%
- Silplas Building Products Limited 100%
- Southern Building Plastics Limited 100%
- The Mayfield Group Limited 100%
- TP Distribution Limited 100%
- Trade BP Limited 100%
- UPVC Distributors Limited 100%
Significant events
- “During the year, the company acquired the trade and related assets of two plastic distribution businesses for combined cash consideration of £1,600,000.”
- “On 30 April 2024 the company acquired the trade, assets and liabilities of Accrington Plastics Limited ("Accrington Plastics"), its wholly owned subsidiary. This is a common control combination with the company accounting for the results of the acquired business prospectively from the date of the reorganisation.”
- “During the year, the company acquired the entire share capital of Solent Verandahs Limited and IG Elements Limited for combined consideration of £1,424,000.”
- “Following the payment of final dividends during the year, the remaining investment values in respect of Hampton Decking Holdings Limited and Accrington Plastics Limited were written down to nil, due to there being no further distributable reserves in the legal entities. The amount of the write-down was equal to the value of dividends received.”
- “On 7 March 2025, the company acquired 50% of the issued share capital of Home Building Plastics Limited, a trade counter business operating three branches, for cash consideration of £1.5 million. An option to acquire the remaining 50% of the shares is exercisable from 1 January 2030.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RUTTER, Andrew | Secretary | 2016-08-01 | — | — |
| BEDNALL, Jonathan Albert | Director | 2012-05-22 | Mar 1971 | British |
| EMPSON, Christopher Anthony | Director | 2014-06-25 | Nov 1974 | British |
| HUDSON, Stuart | Director | 2023-06-27 | Oct 1971 | British |
| WILLIAMS, Anthony John | Director | 2023-06-27 | Feb 1962 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RICE, Sean Edward | Secretary | 1993-09-01 | 2014-07-23 |
| TOWNSEND, John Richard | Secretary | — | 1993-09-01 |
| EPWIN SECRETARIES LIMITED | Corporate Secretary | 2014-07-23 | 2016-08-01 |
| BAILEY, Clare Louise | Director | 2016-08-16 | 2024-12-31 |
| CHALLINOR, David John | Director | 2012-05-22 | 2014-07-23 |
| COX, Richard | Director | — | 2004-04-30 |
| HANRAHAN, Shaun Patrick | Director | 2016-06-08 | 2023-03-31 |
| HAZEL, Paul Malcolm | Director | 1995-04-03 | 2008-05-31 |
| RAWSON, Anthony James | Director | — | 2014-07-23 |
| RAWSON, Richard John | Director | — | 2006-12-31 |
| RICHARD, Cox | Director | 2008-02-15 | 2011-12-22 |
| TOWNSEND, John Richard | Director | — | 1996-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Epwin Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 207 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-31 | CH01 | officers | Change person director company with change date | |
| 2024-10-31 | CH03 | officers | Change person secretary company with change date | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-11 | AA | accounts | Accounts with accounts type full | |
| 2023-07-07 | AD04 | address | Move registers to registered office company with new address | |
| 2023-06-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-11 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2022-10-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-17 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-7.2%
£304,867,000 £282,996,000
-
Cash
-44%
£11,390,000 £6,379,000
-
Net assets
+1%
£76,724,000 £77,467,000
-
Employees
-1.6%
1,897 1,866
-
Operating profit
-0.5%
£25,444,000 £25,307,000
-
Profit before tax
-0.1%
£19,643,000 £19,616,000
-
Wages
+2.4%
£63,715,000 £65,263,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers