Family-run Liverpool timber merchant Edmund A Stephens Ltd has acquired an additional site to expand its operations following a seven-figure funding package from NatWest.
The business, which recorded a turnover of £16.6m in 2023 and operating profit of £1.5m, supplies a range of timber products to the building industry including fencing, decking, packaging and flooring. Edmund A Stephens also provides bespoke cutting services.
The firm is based in Bootle, Liverpool near the Liverpool Docks and opened its first site in Bromborough four years ago to support its expanding customer-base in Chester and North Wales. This latest acquisition, another site in Bromborough, will continue to support the business’ growth plans.
Established in 1978 by Edmund and Linda Stephens, the business is managed by their son Mick Stephens who has been running the business alongside his wife and two sons.
“For more than four decades, we have been providing a range of timber products to customers to fit their needs,” said Mick Stephens.
“My parents shared their expertise and passion for their business with me, and I am continuing in that tradition today, working alongside my wife and children to further develop the business, and also explore other opportunities.”
In addition to running Edmund A Stephens, Mr Stephens and his nephew have founded Paragon KBB – a home improvements firm specialising in bespoke kitchens, bathrooms and bedrooms.
NatWest has been supporting Edmund A Stephens for more than 40 years.
“Edmund A Stephens is a fantastic, family-run business,” said Ruth Kirby, Senior Relationship Manager at NatWest.“Mick and his family are ambitious about growing the business further, as this latest acquisition demonstrates, and we wish them every success with their expansion plans.”
