FORTERRA BUILDING PRODUCTS LIMITED
Operating as a subsidiary of London Stock Exchange-listed Forterra plc, the company manufactures clay bricks, concrete blocks, and precast flooring under prominent brands such as London Brick, Thermalite, and Bison Precast.
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Cash
£6.1M
-59.9% lowest in 3 filed years
Net assets
£242M
+5.2% highest in 3 filed years
Employees
1,459
-0.9% lowest in 3 filed years
Profit before tax
£23M
-16.7% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £346,400,000 | £344,300,000 | £386,000,000 | +12.1% | |
| Operating profit | £23,900,000 | £36,700,000 | £29,000,000 | -21% | |
| Profit before tax | £16,900,000 | £27,600,000 | £23,000,000 | -16.7% | |
| Net profit | £12,800,000 | £20,200,000 | £16,800,000 | -16.8% | |
| Cash | £16,000,000 | £15,200,000 | £6,100,000 | -59.9% | |
| Total assets less current liabilities | £374,500,000 | £365,900,000 | £339,700,000 | -7.2% | |
| Net assets | £231,300,000 | £229,900,000 | £241,800,000 | +5.2% | |
| Equity | £231,300,000 | £229,900,000 | £241,800,000 | +5.2% | |
| Average employees | 1,785 | 1,472 | 1,459 | -0.9% | |
| Wages | £87,800,000 | £74,500,000 | £83,900,000 | +12.6% | |
| Directors' remuneration | £1,100,000 | £1,000,000 | £1,400,000 | +40% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.9% | 10.7% | 7.5% | |
| Net margin | 3.7% | 5.9% | 4.4% | |
| Return on capital employed | 6.4% | 10.0% | 8.5% | |
| Gearing (liabilities / total assets) | 50.6% | 48.6% | — | |
| Current ratio | 1.82x | 1.83x | 1.56x | |
| Interest cover | 3.41x | 4.03x | 4.83x |
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.
Name history
Renamed 3 times since incorporation
- FORTERRA BUILDING PRODUCTS LIMITED 2015-10-05 → present
- HBP BUILDING PRODUCTS LIMITED 2015-04-07 → 2015-10-05
- HANSON BUILDING PRODUCTS LIMITED 2014-09-01 → 2015-04-07
- PIMCO 2945 LIMITED 2014-03-26 → 2014-09-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Taking the above into consideration, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the going concern period to 30 June 2027. The Company therefore adopts the going concern basis in preparing this consolidated financial information.”
Group structure
- FORTERRA BUILDING PRODUCTS LIMITED · parent
- Red Bank Limited 100%
- London Brick Company Limited 100%
- Cradley Special Brick Company Limited 100%
- Bison Precast Limited 100%
- Butterley Brick Limited 100%
- Formpave Limited 100%
Significant events
- “Regrettably, in early 2026, the Company made modest reductions in the production of both London Brick and aircrete blocks in response to market conditions.”
- “2025 ended with subdued market conditions which have continued into early 2026, with exceptionally wet weather making it difficult to assess the strength of our underlying markets.”
- “During the year, the Company exited from two non-core businesses, the Formpave block paving business and the Bison Bespoke Precast operation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TOCK, Frances Louise | Secretary | 2023-07-28 | — | — |
| ASH, Neil Alexander | Director | 2023-04-25 | Oct 1971 | British |
| CHAPMAN, Nicola | Director | 2024-10-24 | Jun 1970 | British |
| CORNISH, James Richard | Director | 2025-12-01 | Nov 1974 | British |
| DAVIES, Mark | Director | 2024-10-01 | Feb 1969 | British |
| GUYATT, Benjamin John | Director | 2014-03-26 | Oct 1975 | British |
| RENTON, Sarah Elizabeth | Director | 2025-02-03 | Jan 1976 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUYATT, Benjamin John | Secretary | 2015-03-12 | 2015-09-01 |
| THOMPSON, Ashley George | Secretary | 2015-09-01 | 2023-07-28 |
| TYSON, Roger Thomas Virley | Secretary | 2014-03-26 | 2015-03-12 |
| BRADLEY, Jeff | Director | 2015-08-31 | 2016-04-11 |
| CLARKE, David Jonathan | Director | 2014-03-26 | 2015-03-12 |
| CLAY, Matthew Richard Joseph | Director | 2014-09-01 | 2018-05-31 |
| DASANI, Shatish Damodar | Director | 2016-04-11 | 2020-01-01 |
| DAY, Matthew Edward | Director | 2018-03-12 | 2023-07-31 |
| GRETTON, Edward Alexander | Director | 2014-03-26 | 2015-03-12 |
| HARRISON, Stephen Richard | Director | 2014-08-01 | 2023-04-24 |
| HASLAM, Edward Thomas | Director | 2017-04-25 | 2020-06-30 |
| IDRISS, Shahbaz | Director | 2020-09-16 | 2023-08-04 |
| JEYNES, Steven | Director | 2022-04-01 | 2024-09-30 |
| JORDANOFF, Plamen | Director | 2014-09-01 | 2015-09-01 |
| RIX, Darren Peter | Director | 2017-07-26 | 2024-10-08 |
| SMITH, Adam Julian | Director | 2016-04-11 | 2025-07-01 |
| STEWART, George Walter Arthur | Director | 2016-04-11 | 2026-01-31 |
| VARNSVERRY, Peter Spencer | Director | 2019-01-07 | 2022-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Forterra Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-20 | Active |
Filing timeline
Last 20 of 101 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | AA | accounts | Accounts with accounts type full | |
| 2026-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-12 | CH01 | officers | Change person director company with change date | |
| 2026-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-24 | CH01 | officers | Change person director company with change date | |
| 2024-10-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-01 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.