Ibt Building & Timber (Merchants) Ltd
Registered name: IBT BUILDING & TIMBER (MERCHANTS) LTD
Part of Northumberland Merchants Limited groupIbt Building & Timber (Merchants) Ltd made £12.1m revenue and £267k profit in the year to 30 Sep 2025.
Ibt Building & Timber (Merchants) Ltd’s revenue grew 8% to £12.1m in the year to 30 Sep 2025, with £267k profit and 27 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Edinburgh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 24 yrs · since 2002
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.5m | £13.5m | £11.2m | £12.1m |
| Cost of sales | £11.4m | £11.6m | £9.7m | £10.6m |
| Gross profit | £2m | £1.9m | £1.6m | £1.6m |
| Operating profit | £701k | £426k | £413k | £368k |
| Profit before tax | £683k | £405k | £404k | £361k |
| Profit after tax | £559k | £351k | £296k | £267k |
| Profit (best available) | £559k | £351k | £296k | £267k |
| Staff costs | £1m | £1.1m | £1.2m | £1.2m |
| Employees (average) | 25 | 25 | 26 | 27 |
| Ratios | ||||
| Profit margin | 4.2% | 2.6% | 2.6% | 2.2% |
| Gross margin | 15.2% | 14% | 13.9% | 13% |
| Revenue per employee | £538k | £539k | £431k | £449k |
| Profit per employee | £22.4k | £14k | £11.4k | £9.9k |
| Cash conversion | −125.5% | −252.8% | −194.8% | 143.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲0.2% | ▼16.8% | ▲8.2% |
| Profit growth | — | ▼37.3% | ▼15.6% | ▼9.9% |
| Headcount growth | — | 0% | ▲4% | ▲3.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £817k | £1.3m | £1.9m | £1.1m |
| Net assets | £4m | £4.4m | £4.7m | £4.9m |
| Fixed assets | £392k | £429k | £333k | £286k |
| Current assets | £7m | £6m | £6.5m | £6.6m |
| Debtors | £5m | £3.7m | £3m | £3.1m |
| Cash from operations | −£881k | −£1.1m | −£804k | £526k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 13%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £449k
- Revenue ÷ average employees.
- Profit per employee
- £9.9k
- Profit ÷ average employees.
- Cash conversion
- 143.1%
- 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
- 25.8%
- 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
- ▲6%
- Now £4.9m
- Cash at bank
- ▼41%
- Now £1.1m
- Headcount
- ▲4%
- Now 27
- Deferred income
- —
- Now —
- Fixed assets
- ▼14%
- Now £286k
Group structure
Ownership chain
- Northumberland Merchants Limitedultimate parent75–100%
- Ibt Building & Timber (Merchants) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Tresillian Properties LimitedKidwelly · Agents involved in the sale of timber and building materials
- Revenue
- £11.9m
- Profit
- £3.6m
- Staff
- 28
- Kestral Construction Products LimitedSheffield · Agents involved in the sale of timber and building materials
- Revenue
- £11.8m
- Profit
- £1.2m
- Staff
- 12
- Collier Group (Essex) LimitedColchester · Agents involved in the sale of timber and building materials
- Revenue
- £12.6m
- Profit
- £105k
- Staff
- 45
- J McAleer & Sons LtdOmagh · Agents involved in the sale of timber and building materials
- Revenue
- £12.6m
- Profit
- £1.3m
- Staff
- 28
- Pagets Builders Merchants LimitedSouth Yorkshire · Agents involved in the sale of timber and building materials
- Revenue
- £11.6m
- Profit
- £510k
- Staff
- 47
- Westlake Tapco Europe LimitedHull Road, Woodmansey · Agents involved in the sale of timber and building materials
- Revenue
- £11.2m
- Profit
- £45.7k
- Staff
- 17
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £267k), from the Companies House accounts bulk data published Jun 2026. 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.