CHANDLERS BUILDING SUPPLIES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on this review, and the continued support from our stakeholders, the directors are satisfied that the Group and therefore, by virtue of the letter of support received from Turbo Acquisitions 10 Bidco Limited, the Company has adequate resources, liquidity and banking covenant headroom to continue in operational existence for the foreseeable future and that there are no material uncertainties that may cast significant doubt on the Group's and Company's ability to continue as a going concern. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “The Group launched thirteen inter-conditional Restructuring Plans (the "Plans") under Part 26A of the Companies Act 2006 on 9 May 2025. High Court approval of the Plans at a sanction hearing held on 9 July 2025 puts the business in a stronger position to deliver its recovery and return the business to sustainable profitable growth.”
• “At the year end the Group had three outstanding financing facilities, a term loan with Ares Management (of £220m), a further term loan with Farallon Capital (of £87m) and a super senior facility with Santander (of £20m). An additional facility of £10m was provided (by Ares and Farrallon) in April 2025 to enable a cost reduction plan and provide the Company with sufficient time to pursue a restructuring plan.”
• “New capital injection of £20m by the Senior Lenders.”
• “Post balance sheet events include the Restructuring Plans pursuant to Part 26A of the Companies Act 2006 and the amendment to the Group's borrowing facilities from Santander, Ares Management and Farallon Capital together with an additional £20m capital injection on 1 August 2025.”
• “On 9 May 2025 the Group announced that thirteen of its subsidiaries including the Company were launching Restructuring Plans pursuant to Part 26A of the Companies Act 2006 which would involve the restructuring of its branch network and a resultant restructuring of its equity and lending facilities. The Restructuring Plans were sanctioned by the court following a sanction hearing held on 9 July 2025. On 15 July 2025 the lending facilities with Ares Management and Farallon Capital were amended and extended to 15 July 2030 with an additional £20m of funding available in total from both parties. On 15 July 2025 the lending with Santander were amended and extended to 15 January 2031.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +2.7%

  £80,656,000 → £82,819,000

• Cash

  +81%

  £1,364,000 → £2,469,000

• Net assets

  -22.2%

  £11,384,000 → £8,854,000

• Employees

  -13.6%

  250 → 216

• Operating profit

  -180.3%

  £2,375,000 → -£1,906,000

• Profit before tax

  -222.5%

  £2,264,000 → -£2,774,000

• Wages

  -13.1%

  £8,578,000 → £7,451,000

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