INSIGHTS - APRIL 2024

UK Stone & Aggregates Industry

UK Stone & Aggregates Industry Information

The mining and quarrying industry extracts materials directly from the surface or from dredging of alluvial deposits. The products are commonly used in construction and the manufacture of materials or chemicals.

Active Businesses

1,392

Annual Sales

£54bn +

Employees

116,326

Economic Contribution 

£21bn

Tags

Location of Stone & Aggregates Companies

Stone & Aggregates Companies by Size

46% Micro

35% Small

10% Mid

6% Large

3% Mega

Largest Stone & Aggregates Companies
Turnover
Stone & Aggregates Companies by Age

39% Mature

28% Established

19% Young

15% Startup

0% New

Fastest Growing Stone & Aggregates Companies

31% Declining

29% Healthy

15% High

14% Rapid

11% Low

Stone & Aggregates Industry Competitive Environment - New Entrants vs Leavers

Stone & Aggregates Industry Valuation

EBITDA Multiple

Stone & Aggregates Industry Valuation

Turnover Multiple

Stone & Aggregates Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Other mining and quarrying Industry Insights

There are 1,392 active Businesses in the UK with combined annual sales of £54 billion .

The Industry employs around 116,325 people and contributes £21 billion to the economy.

The most popular location for Stone & Aggregates companies is London with 230 and the fewest are located in North East England with 29.

The largest Stone & Aggregates company is Anglo American Plc with a turnover of £28.2bn. 46% of the industry is comprised of Micro companies with only 10% Mid companies.

15% of the Stone & Aggregates Industry is made up of 15% Startup but the majority are Mature businesses (39%) the oldest company is Singleton Birch Limited founded in 1875.

Stone & Aggregates industry has a number of high growth companies (14%), the fastest growing company is Rail Stone Solutions Limited with a 3 year growth rate of 148%. Other fast growing companies include Sigmaroc Plc (97%), Greenstone Management Services Holdings Limited (80%) and Southern Cross Royalties Limited (68%).

The UK Stone & Aggregates Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 6.75x, Turnover multiple of 1.34x and a Net Asset multiple of 1.64x.