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JT Atkinsons boosts pre-tax profits

Atkinson Northern, the holding company for independent builders’ merchant J T Atkinson & Sons has reported pre-tax profits of nearly £2m in 2012.
The builders’ merchant,, which has branches across the North from Cumbria down to Thirsk, saw profits before tax of £1.9m, compared to £977,960 in 2011.

The 152-year-old company says that although the construction market has been tough for the last five years it has seen signs that the climate is improving.

Managing director Edwin Atkinson said: “The market we are in has been depressed since 2008 and, in particular, the North East and North West are tough parts of the country to be in.

“However, we have definitely seen some signs since Easter that things are picking up and indeed we had our record ever sales month in May, which was dry and reasonably warm.”

The £30m turnover group says it will continue to look out for new branch opportunities to “fill in the gaps” in its branch network.

J T Atkinson has branches in Sunderland, Bishop Auckland, Hartlepool, Middlesbrough, Penrith, Cockermouth, Northallerton, Appleby, Hawes, Kirby, Bedale, Aspatria, Richmond and Thirsk.

It also owns Hathaway timber merchants in Stockton.

The group’s land, buildings and investments properties were devalued by £524,250 following valuations in the year to 31 December 2012.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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