Building materials distributor Lords has completed the refinancing of the Group’s existing £75 million lending facilities. The Group’s existing £75 million facilities, with a three bank syndicate which consisted of a £50 million revolving credit facility (‘RCF’) and a £25 million receivables financing facility (‘RFF’), have been cancelled and repaid pursuant …
Read More »Lords advance on Bury St Edmunds
Builders merchant Lords Builders Merchants has opened a joint branch with sister company Advance Roofing Supplies in Bury St Edmunds. The 1.6 acre branch was formerly a Kent Blaxill site, and its 13 staff have more than a century of experience between them. The branch has undergone a comprehensive modernisation …
Read More »Lords issues trading update
Lords builders merchants has issued its trading update for the year ended 31 December 2025. For Financial year 2025, group revenue increased by 8.3% to £473 million (FY24: £437 million), an increase of 0.7% on a like-for-like (‘LFL’) basis. Merchanting revenue was up 6.0% to £227 million, reflecting contributions from …
Read More »Lords and Bradfords to leave h&b
Independent family owned builders merchant groups Lords and Bradfords Building Supplies have reached an agreement with the h&b buying group to leave at the end of 2025. Both companies have said that, while membership of the group has been extremely beneficial, the time has come for them to move on. …
Read More »Lords appoints new P&H COO
Lords, the builders and plumbers merchant group, has appointed Matthew Webber as Chief Operating Officer for the Group’s Plumbing and Heating division, with effect from 2 September 2025. He will also join the Group’s Operating Board. Webber has over 20 years’ experience in the HVAC sector with supplier and manufacturer …
Read More »Lords acquires CMO
Builders merchant group Lords has acquired the trade and assets of CMO Group Limited following a CMO pre-pack administration process. The acquisition brings together Lords’ infrastructure with CMO’s digital-first online model. CMO and its colleagues will join the Group. Dean Murray, CEO of CMO, said: “The acquisition marks a new …
Read More »Lords reports on resilient year-end results
Lords, the builders and plumbers merchant group, delivered a ‘resilient’ performance in 2025, posting year-end revenues slightly down at £436.7m (2023: £462.6m). Operating profits were down 37% at £10.4m, for the year ending December 31 2024. Like-for-like revenue in the merchanting division was 3.6% lower than in 2023; recovering strongly …
Read More »Lords opens in Bicester
A new branch of builders merchant Lords Builders Merchants and Advance Roofing Supplies Ltd has officially opened in Bicester. Located on Lords Farm, Lords Lane, the site, formerly occupied by Blanchford Building Supplies, brings two of the Lords group’s core brands together under one roof, Advance Roofing Supplies being the …
Read More »Lords sees positive momentum for 2025
Builders merchant group Lords is expecting its 2024 revenue to be £436 m, compared with £463m for 2023, according to a trading update. The merchanting division delivered a strong final quarter with Q4 revenue 11% higher than Q4 FY23, and second half like-for-like revenue 2.3% up on the second half …
Read More »Lords acquires 90% stake in Ultimate Renewables Supplies
Lords has acquired 90% of the issued share capital of Ultimate Renewables Supplies Limited (‘Ultimate Renewables’) for a total net cash consideration of up to £646,000. Established in December 2022, Ultimate Renewables, which is based in Bicester, Oxfordshire, provides a full design and commissioning service to installers and independent merchants …
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