KEYLINE CIVILS SPECIALIST LIMITED

1. KEYLINE CIVILS SPECIALIST LIMITED 2020-01-06 → present
2. KEYLINE BUILDERS MERCHANTS LIMITED 1991-01-30 → 2020-01-06
3. J. & W. HENDERSON LIMITED 1988-11-28 → 1991-01-30
4. CRH MERCHANTS LIMITED 1987-06-04 → 1988-11-28
5. CEMENT-ROADSTONE MERCHANTS LIMITED 1986-09-19 → 1987-06-04
6. WIMPEY MERCHANTS LIMITED 1965-07-21 → 1986-09-19

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has the resources to continue in operational existence for at least twelve months from the date of signing these financial statements. Thus it continues to adopt the going concern assumption in preparing the annual financial statements. Further details regarding the going concern basis can be found in note 2 of the financial statements.”

Significant events

• “An interim dividend of £166m (2023: £nil) was paid during the year.”
• “The Company made an operating profit of £10.6m for the year to 31 December 2024 (2023: £19.9m) including a £3.6m (2023: £nil) branch impairment charge which reflects the challenging trading conditions and extended period of low market volumes in the UK construction sector.”
• “In the second half of 2023, in response to the continued weakness in the construction market, the Group commenced a restructuring of its support functions and its supply chain. The 2024 associated costs related to redundancies.”
• “During the year share capital was reduced by 84,542,501 ordinary shares of £1 to create distributable reserves.”

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

Filings

9

last 12 months

Capital events

2

last 24 months

Officers appointed

1

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

  -2.9%

  £503,700,000 → £489,000,000

• Cash

  —

  Not reported

• Net assets

  -52.7%

  £301,700,000 → £142,800,000

• Employees

  -10.3%

  735 → 659

• Operating profit

  -46.7%

  £19,900,000 → £10,600,000

• Profit before tax

  -46.7%

  £19,900,000 → £10,600,000

• Wages

  -8.8%

  £26,100,000 → £23,800,000

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