Michelmersh Brick Holdings was established in November 1997 to enable the acquisition of Michelmersh Brick & Tile and Dunton Brothers.

Dunton makes traditional bricks at Ley Hill, Buckinghamshire and Michelmersh Brick & Tile is a long established business manufacturing premium quality bricks and tiles operating from a site near Romsey, Hampshire.

In February 1999, the business of Charnwood was acquired in Leicestershire. Charnwood has an excellent reputation for high quality handmade bricks for building and restoration projects. Charnwood Bricks were recently used in the restoration of St Pancras Station.

In February 2000, the Company acquired Blockleys in Telford, the leading producer of specification wire cut bricks and clay pavers. The 100 acre site also includes a quarry and landfill operation and some 80 acres of land on which a phased residential redevelopment scheme has been approved in outline by the local planning authority.

The Group has consistently invested in its plant to maximise the efficiency and quality of its product.

In 2004 shares were offered to the public as the business was successfully floated on the AIM Market.

In 2009 Hathern Terra cotta was established at our Charnwood plant continuing over 100 years of tradition in the manufacture of faience. Already work has been won at the Savoy Hotel and Victoria and Albert Museum.

Our most recent acquisition is Freshfield Lane Brickworks, the leading manufacturer of clamp-fired stock bricks based near Haywards Heath. The business has built a strong reputation for excellence in the production of distinctive, clamp fired, multi-coloured stock facing bricks and pavers targeted at the niche premium segment of the market.

The Group now employs over 300 people at its five plants and has an annual capacity of some 70 million pieces.

The latest acquisition has reinforced our position as Britain's Brick Specialists. Our skills, service, range of products and well invested plant combine to provide distinctive products not only that we can be proud of, but that also give value and pleasure to our customers, those involved in design and construction and to generations to come.


http://www.mbhplc.co.uk/about-us

Thanks for the info skinny. All bodes well for (MBH).

Just reading in IC - the UK has taken a long time to run down the 1.2 billion bricks stock piled during the recession. With demand now rising, Michelmersh has been able to push through double digit price increases. And the recent collapse in gas prices will help to reduce its energy costs significantly.

i have earmarked this one for my sipp, but have yet to activate

Activate then. :-))

Finals Mon 23 March

assuredly this isn't a trading stock as volumes are tiny, spread is wide and controlled by just a few MMs
have been toying for a while with putting some in my sipp as i think this has to be almost a forgotten gem

Final results


Financial Highlights

· Turnover up 10% to £28.5 million (2013: £25.9million);

· Operating profit of £2.8 million (2013: 1.4 million), the best result since the business floated in 2004;

· Net debt further reduced from £4.2 million to £2.1 million;

· Capital expenditure of just over £2 million for Freshfield Lane expansion project and completion of Telford reorganisation; and

· Dividend reinstated - 0.5 pence per share payable for the period.

Operational Highlights

· Strong progress in an improved market place;

· 70 million bricks sold in the period and production of 67.5 million;

· Average selling prices increased 13.5% on prior year prices;

· January 2014 saw the commencement of the 20% expansion project at Freshfield Lane which has now been completed, extending capacity at the plant by 6 million bricks;

· New products launched and awards won such as 'Best Public building' for the East Ham Customer Service Centre & Library at the BDA awards;

· Application for 200 houses at the Charnwood site was submitted at the end of 2014; and

· Planning consent confirmed for additional clay extraction at Michelmersh site.

MBH = Michelmersh
not sure quite how, but just managed to buy some of these for my sipp at £0.704 which is well under MM quote on IG

IC - With the UK demand for bricks now outstripping supply , Michelmersh is in a sweet spot. Given the growth potential, we remain bullish.

it's certainly not one for trading, not least because the spread is usually very wide
however, with both labour and conservatives committed to building an awful lot more houses in the coming years, this made a good candidate for my sipp

Shares - The groups completion in Feb of its £2.2 million of its Freshfields expansion means plant capacity has been upped by 20% and Michelmersh now has capacity of producing 36 million bricks per annum. 'A generational oversupply of bricks has come to an end and the market is now reliant on increasing levels of imports,' says Michelmersh chairman Eric Gadsen. What this means is that bricks are no longer as easily available in inventory and delivery lead-in times are lengthening. It is against this backdrop that Michelmersh has achieved price increases to the tune of 13.5% in 2014 with average selling prices reaching £395 per thousand as for the first time in perhaps decades.

How many bricks does it take to build an average house? I am not interested enough to go out and count them but if anyone knows off the cuff it would be appreciated.
2517

Your not an accountant are you. lol Sort of question that one would ask. :-))

A uk house built in Lego bricks. :-))

Buying enough to build the shell of a new build UK home, which on average has an area of about 79 sq m (850 sq ft), would cost about £1.1m. Far more than the average price of £199,016 for a semi-detached house built of real bricks.

60 bricks per sq mtr

No not an accountant dc, and thanks.
2517

Director/PDMR Shareholding
RNS
RNS Number : 7804J
Michelmersh Brick Holdings PLC
10 April 2015



Michelmersh Brick Holdings Plc

("MBH" or the "Group")

Director Dealings

Michelmersh Brick Holdings (AIM:MBH), the specialist brick manufacturer and landfill company, announces that on the 9th April 2015, Frank Hanna, the Group Commercial Director, acquired 21,985 ordinary shares of 20 pence each ("Ordinary Shares") at a price of 68p per Ordinary Share. Following this acquisition Mr Hanna's total beneficial and non-beneficial interest in the Company is 1,250,000 Ordinary Shares, representing approximately 1.5% of the Company's issued share capital.



10 April 2015

DIRECTOR DEALINGS: Michelmersh Commercial Director Sells Shares
Mon, 13th Apr 2015 10:34

LONDON (Alliance News) - Michelmersh Brick Holdings PLC Monday said Commercial Director Frank Hanna sold 183,400 shares at 67.7 pence per share Friday.

On the same day, Hanna's wife, Natasha Hanna, sold 16,600 shares at the same price.

Following this transaction, Frank Hanna holds 1.1 million shares, which represents 1.3% stake in the firm.

Shares in the brick manufacturer were up 0.4% at 69.00p Monday morning.

That was a silly game of Frank Hana

Buys 18K and then a couple days later sell 183K +wife

Shortage of bricks and bricklayers could weigh on housing recovery, say builders

Mon, 27 April 2015



Shortage of bricks and bricklayers could weigh on housing recovery, say builders



A shortage of bricks and bricklayers in the UK is threatening to undermine efforts to alleviate the housing crisis, house builders have warned.
A report from the Federation of Master Builders said 50% of construction businesses in its quarterly survey were finding it difficult to hire bricklayers, with carpenters and joiners also proving hard to obtain.

"Brick manufacturers are working hard to reignite their kilns which were mothballed during the recession," Brian Berry, chief executive of the FMB, told the Telegraph.

The Federation, which represents small and medium-sized building firms, added that almost two-thirds of its firms faced a two month wait for new brick orders, with almost a quarter of builders waiting for up to four months and 16% facing a wait of between six and eight months.

"Solving the housing crisis has been one of the hot topics during this General Election campaign and we welcome the renewed focus on house building by all the main parties," Berry said. "Although each party has its own distinct plans for how the next Government should boost house building, all of them agree it must be a priority.

"The results of our latest survey expose continuing threats which could undermine their plans."

Looking like house builders will have to pay more for bricks, with demand out stripping supply. Bodes well for this company.