JAMES JONES & SONS LIMITED
James Jones & Sons Limited is a family-owned timber processing business that operates sawmills across the UK to manufacture sawn timber, pallets, and engineered wood products under the JJI-Joists brand.
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Cash
£79m
+6.8% vs 2024
Net assets
£533m
+2.5% highest in 5 filed years
Employees
2,249
+1.5% highest in 5 filed years
Profit before tax
£40m
+20.6% highest in 4 filed years
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £330,917 | — | £529,259,000 | £529,946,000 | £585,240,000 | +10.4% | |
| Operating profit | £59,238 | — | £29,457,000 | £30,179,000 | £39,414,000 | +30.6% | |
| Profit before tax | £60,817 | — | £37,311,000 | £32,819,000 | £39,567,000 | +20.6% | |
| Net profit | — | — | £24,376,000 | £21,758,000 | £25,749,000 | +18.3% | |
| Cash | £232,218 | — | £116,119,000 | £74,211,000 | £79,260,000 | +6.8% | |
| Total assets less current liabilities | £481,340 | £589,724 | £537,515,000 | £569,293,000 | £572,757,000 | +0.6% | |
| Net assets | £465,217 | — | £526,619,000 | £520,230,000 | £533,468,000 | +2.5% | |
| Equity | £465,217 | £555,262 | £526,619,000 | £520,230,000 | £533,468,000 | +2.5% | |
| Average employees | 1,237 | 2,132 | 2,145 | 2,216 | 2,249 | +1.5% | |
| Wages | — | — | £92,541,000 | £91,785,000 | £99,141,000 | +8% | |
| Directors' remuneration | — | — | £3,591,000 | £3,356,000 | £3,369,000 | +0.4% | |
| Highest paid director | — | — | £1,427,000 | £1,382,000 | £1,462,000 | +5.8% |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 17.9% | — | 5.6% | 5.7% | 6.7% | |
| Net margin | — | — | 4.6% | 4.1% | 4.4% | |
| Return on capital employed | 12.3% | — | 5.5% | 5.3% | 6.9% | |
| Gearing (liabilities / total assets) | 2.7% | — | 15.7% | 19.2% | 18.2% | |
| Current ratio | — | — | 3.14x | 3.45x | 3.21x | |
| Interest cover | — | — | 14.07x | 11.13x | 12.99x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company and group has adequate resources to continue in operational existence for a period of at least 12 months from the signing of these financial statements.”
Group structure
- JAMES JONES & SONS LIMITED · parent
- James Jones & Sons (Pallets and Packaging) Limited 100%
- Billington (International) Limited 100%
- Kerr Timber Products Limited 100%
- Taylormade Timber Products Limited 100%
- Lancashire Saw Company Limited 100%
- Inverclyde Wind Farm Limited 100%
- Inverclyde Renewables LLP 66.67%
- H.G. Timber Limited 100%
- ST & JJ Limited 100%
- United Box 100%
- James Jones & Sons Australia Pty Ltd 100%
- Mayflower Enterprises Pty Ltd 80.43%
Significant events
- “James Jones & Sons Limited acquired the remaining 50% share in ST & JJ Limited, the holding company of United Box Limited, which is a long-standing manufacturer of potato and vegetable boxes into the UK and Irish markets.”
- “Mayflower was very acquisitive during 2025 and further expanded the Group's diversification into the Australian pallet sector. Hyne Pallets Pty Limited acquired the business assets of Pallet & Bin Corporation, Newcastle Pallets and Seapal Pallets & Crates.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BALFOUR, Edward Francis | Director | 2016-06-03 | Apr 1965 | British |
| BOYD, Rory Ewen | Director | 2010-06-04 | Apr 1975 | British |
| BRUCE JONES, Tom Reid | Director | 2002-08-19 | Sep 1968 | British |
| FRANCIS, Andrew Rowan | Director | 2024-11-21 | May 1971 | British |
| LESLIE, Alexander Francis Stewart | Director | 2019-06-07 | Dec 1979 | British |
| LESLIE, David Stewart | Director | 2016-06-03 | Feb 1964 | British |
| ROBERTS, Stuart | Director | 2020-01-06 | Apr 1973 | British |
| SHEPHERD, Andrew Watt | Director | 2022-09-01 | May 1960 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Roderick Forbes | Secretary | — | 2007-06-29 |
| MILLER, Alasdair James | Secretary | 2016-06-02 | 2020-01-06 |
| STEVENSON, Robin Teacher | Secretary | 2007-06-29 | 2016-06-03 |
| ARMSTRONG, John Frederick Cunningham | Director | 1990-07-27 | — |
| ARMSTRONG, John Frederick Cunningham | Director | — | 2010-06-04 |
| BLYTH, Graham | Director | 2019-01-01 | 2024-11-21 |
| BRUCE JONES, Thomas Dunlop | Director | — | 1995-05-08 |
| JONES, James Airlie Bruce | Director | — | 2007-06-02 |
| JONES, Roderick Forbes | Director | — | 2010-06-04 |
| JONES, Tom Allan Bruce | Director | — | 2018-11-22 |
| KISSOCK, John Andrew | Director | — | 2007-05-31 |
| LESLIE, Michael Francis Bruce | Director | — | 2019-11-21 |
| MCKENZIE, Peter | Director | 2019-09-01 | 2026-03-05 |
| MILLER, Alasdair James | Director | 2016-02-25 | 2019-12-31 |
| PIRIE, Ian Alexander | Director | 1997-02-17 | 2018-12-31 |
| STEVENSON, Robin Teacher | Director | 1997-02-17 | 2022-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Tom Reid Bruce-Jones | Individual | Voting 25–50% | 2019-11-01 | Active |
| Mr Tom Allan Bruce-Jones | Individual | Voting 25–50% | 2017-07-03 | Ceased 2019-11-01 |
Filing timeline
Last 20 of 194 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-04 | AA | accounts | Accounts with accounts type group | |
| 2026-06-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-25 | SH03 | capital | Capital return purchase own shares | |
| 2025-09-02 | AA | accounts | Accounts with accounts type group | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-20 | SH03 | capital | Capital return purchase own shares | |
| 2024-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-27 | SH03 | capital | Capital return purchase own shares | |
| 2024-09-13 | SH03 | capital | Capital return purchase own shares | |
| 2024-09-06 | AA | accounts | Accounts with accounts type group | |
| 2024-08-07 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-14 | SH03 | capital | Capital return purchase own shares | |
| 2024-01-18 | SH03 | capital | Capital return purchase own shares | |
| 2024-01-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-19 | AAMD | accounts | Accounts amended with accounts type group | |
| 2023-09-07 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.