JAMES DONALDSON GROUP LTD

1. JAMES DONALDSON GROUP LTD 2022-03-25 → present
2. JAMES DONALDSON & SONS LIMITED 1919-07-15 → 2022-03-25

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared these financial statements on a going concern basis. The Directors therefore believe that that the Group is well placed to withstand the challenges presented. The Directors are confident that the Group and Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. JAMES DONALDSON GROUP LTD · parent
   1. Donaldson Timber Engineering Limited 100% · Scotland · Timber engineering
   2. James Donaldson Timber Limited 100% · Scotland · Sawmilling
   3. James Donaldson Insulation Limited 100% · Scotland · Insulation Merchant
   4. MGM Timber (Scotland) Limited 100% · Scotland · Timber Merchant
   5. Parker Kislingbury Limited 100% · Scotland · Dormant
   6. Timbercut4U Limited 100% · Scotland · Dormant
   7. Nu-Style Products (Holdings) Limited 100% · Scotland · Laminates
   8. McLeod & Higgins (Roofing Contractors) Limited 100% · Scotland · Timber manufacturing and interiors
   9. It's Plane & Simple Limited 100% · Scotland · Agents in sale of building materials
   10. Kitchens International Group Limited 100% · Scotland · Kitchens
   11. Donaldson Timber Systems Limited 100% · England · Timber frames

Significant events

• “Successfully implemented a number of strategic initiatives to position the Group for success as the market recovers.”
• “MGM Timber (Scotland) Limited invested in and grew its e-commerce offering with significant upgrades to the Company's website, now offering a trade portal and project builder functionality.”
• “Nu-Style Products Limited opened a new distribution centre in Uddingston in September 2024 and enhanced their product range and trade offering.”
• “Launched Spec 3D, a Digital Visualisation Solution for House Builders, increasing customer experience and saving time for all parties.”
• “Migrated the last of the Group's trading companies to the Standardised ERP, improving efficiency, visibility and controls.”
• “Achieved ISO 14064, establishing carbon footprint and setting a baseline to drive improvements towards Net Zero by 2050.”
• “Published Environmental Product Declaration's (EPD) to transparently report environmental impact of products based on life-cycle assessment (LCA).”
• “Safety-first culture delivered: 14% reduction in accident frequency rate, 11% reduction in lost time accident frequency rate, and 99.86% worked hours completed without lost time.”
• “Made significant strides in equality, diversity and inclusion, including Women in Leadership group, International Women's Day celebrations, a dedicated steering group and commitments to part-time/flexible working.”
• “Awarded the Timber Development UK Equality and Diversity Award for 2024.”
• “Decrease in headcount during the year with average head count levels decreasing to 1,571 (2023: 1,726).”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -20%

  £377,014,000 → £301,728,000

• Cash

  +22.5%

  £14,270,000 → £17,485,000

• Net assets

  -9%

  £68,124,000 → £61,993,000

• Employees

  -9%

  1,726 → 1,571

• Operating profit

  -97.4%

  £15,261,000 → £399,000

• Profit before tax

  -162.5%

  £8,385,000 → -£5,242,000

• Wages

  -7.4%

  £58,537,000 → £54,183,000

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