Blue Bay Building Products Limited
Registered name: BLUE BAY BUILDING PRODUCTS LIMITED
Part of Wolseley Investments Limited groupBlue Bay Building Products Limited made £18.4m revenue and £1.1m profit in the year to 31 Mar 2024.
Blue Bay Building Products Limited’s revenue grew 5% to £18.4m in the year to 31 Mar 2024, with £1.1m profit and 46 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Warwick; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Warwick, West Midlands
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.9m | £17.6m | £18.4m |
| Cost of sales | £11.4m | £12.7m | £13m |
| Gross profit | £4.4m | £4.9m | £5.4m |
| Profit before tax | £1.3m | £1.5m | £1.5m |
| Profit after tax | £1.1m | £1.2m | £1.1m |
| Profit (best available) | £1.1m | £1.2m | £1.1m |
| Staff costs | £1.4m | £1.6m | £1.6m |
| Employees (average) | 47 | 49 | 46 |
| Ratios | |||
| Profit margin | 6.8% | 6.8% | 6.1% |
| Gross margin | 27.9% | 27.6% | 29.1% |
| Revenue per employee | £337k | £359k | £400k |
| Profit per employee | £22.8k | £24.4k | £24.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲11% | ▲4.5% |
| Profit growth | — | ▲11.8% | ▼6.2% |
| Headcount growth | — | ▲4.3% | ▼6.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £484k | £1.4m | £2.2m |
| Net assets | £2.2m | £2.9m | £3.6m |
| Fixed assets | £439k | £460k | £448k |
| Current assets | £5.4m | £7m | £7.4m |
| Debtors | £3m | £3.3m | £3m |
| Cash from operations | £1.4m | £1.6m | £1.6m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 6.1%
- Profit ÷ revenue.
- Gross margin
- 29.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £400k
- Revenue ÷ average employees.
- Profit per employee
- £24.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.4%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲23%
- Now £3.6m
- Cash at bank
- ▲57%
- Now £2.2m
- Headcount
- ▼6%
- Now 46
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £448k
Group structure
Ownership chain
- Wolseley Investments Limitedultimate parent75–100%
- Wolseley Group Holdings Limited75–100%
- Wolseley Group Limited75–100%
- Wolseley UK Limited75–100%
- Blue Bay Building Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (12)
- Kooltech LimitedRev. £65.2m · Profit £3.5m
- C.P. Hart & Sons LimitedRev. £50.2m · Profit £2.9m
- Logicool Air Conditioning & Heat Pumps LimitedRev. £11.4m · Profit £321k
- Bassetts (Wolseley) LimitedFigures not disclosed
- Continental Product Engineering LimitedFigures not disclosed
- Ideal Bathrooms (Wolseley) LimitedFigures not disclosed
- Jointing Tech LimitedFigures not disclosed
- Logicool Holdings LimitedActive - Proposal to Strike offFigures not disclosed
- Res-Distribution LimitedFigures not disclosed
- William Wilson Holdings LimitedFigures not disclosed
- Wolseley Properties LimitedFigures not disclosed
- Wolseley UK Finance LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Independent Slate Supplies LimitedSaltash · Agents involved in the sale of timber and building materials
- Revenue
- £18.8m
- Profit
- £968k
- Staff
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- D McNair (Builders Merchants) LimitedGlasgow · Agents involved in the sale of timber and building materials
- Revenue
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- Profit
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- Gardner & Scardifield LimitedWest Sussex · Agents involved in the sale of timber and building materials
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- £19.3m
- Profit
- £140k
- Staff
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- W.& H.s.emery Company LimitedLiverpool · Agents involved in the sale of timber and building materials
- Revenue
- £17.4m
- Profit
- £75.5k
- Staff
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- All About Bricks LimitedAlfreton · Agents involved in the sale of timber and building materials
- Revenue
- £19.8m
- Profit
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- K&G Distribution LtdNorth Shields · Agents involved in the sale of timber and building materials
- Revenue
- £17.1m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.1m), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.