B&M

BARCLAY & MATHIESON LIMITED

Overview

Barclay & Mathieson Limited (trading as BM Group) is a Scottish steel stockholding and processing company, headquartered in Glasgow, Scotland. The group operates under eight brands: BM Steel, Industrial Metal Services (IMS), SPS, Pulman Steel, Avon Steel, Sections Direct, BM Architectural, and B&M. Since 2022, BM Group has been a wholly owned subsidiary of Marubeni-Itochu Steel Inc. (MISI), a Japanese global steel distributor.

History

• Founded: The company originated in 1877 in Wallace Street, Glasgow, as a steel‑stockholding business serving industries such as shipbuilding, engineering, sugar refining, and construction.
• 1925: Acquired by the Dykes family.
• 1955: Incorporated in August as a private limited company (Barclay & Mathieson Ltd).
• 1957: Moved its Glasgow depot to the current Shieldhall site.
• Late 20th & early 21st centuries: Expanded through acquisitions:
  • 1997: Tatham Miller Ltd (adding depots in Bangor, Liverpool, Cheadle, Morecambe, Sheffield, and Preston).
  • 2007: Acquired by Stemcor.
  • 2015: Purchased by BREAL Capital.
  • 2016–2020: Series of acquisitions including Industrial Metal Services, Avon Steel (2017), SPS (2020), Abram Pulman Steel (2019).
  • 2022: The B&M Group was acquired by Marubeni‑Itochu Steel Inc. (MISI), a major Japanese global steel distributor bmsteel.co.uk+2sps-bmsteel.co.uk+2.
• 2024: Acquired Angus F Gunn Ltd bmsteel.co.uk+2bmsteel.co.uk+2.

Business and Operations

Barclay & Mathieson specialise in steel stockholding and processing, offering a range of products and services:

• Materials: Stock includes universal beams and columns, rounds, hollow sections, bright bars, plates, and more...
• Offerings:
  • Depot network: Operates 15 depots across the UK — from Aberdeen to Winchester, including Bangor, Sheffield, Preston, etc.
  • GRP (glass-reinforced polymer): Specialist supplier of GRP, steel, and aluminium access and safety solutions — such as walkways, treads, handrails, etc.
  • AutoGrate: A moulded GRP grating produced via automated manufacturing, offering improved strength, reduced weight, and carbon savings.
  • Quick service: Same-day or next-day delivery, in‑house cutting, and technical support through inter-branch stock transfers. Company Information

Corporate Structure & People

Details from Companies House indicate the company remains active and has recently updated accounts and confirmation statements:

• Incorporation date: 9 August 1955.
• Commercial filings:
  • Last accounts up to 31 March 2024; next due by 31 December 2025.
  • Confirmation statement last filed 12 December 2024; next due by 26 December 2025.
• Current directors (active):
  • Eiichi Fuji (appointed 4 October 2022).
  • Kyle Michael Greenwood (appointed 15 March 2023).
  • Takahiko Kojima (appointed 1 April 2025).
  • Tomihiro Murakami (appointed 1 April 2025).
  • Naohiro Takemoto (appointed 1 November 2022).

Industry Classification

Under the UK Standard Industrial Classification (SIC), the company is listed as:

• 25110 — Manufacture of metal structures and parts of structures.
• 25990 — Manufacture of other fabricated metal products not elsewhere classified.
• 46900 — Non-specialised wholesale trade.

References

"Barclay & Mathieson Limited – Company number SC030987". Companies House. Retrieved 14 August 2025.

"Barclay & Mathieson – About Us". BM Steel. Retrieved 14 August 2025.

"Barclay & Mathieson Limited – Company Profile". Endole. Retrieved 14 August 2025.

"Barclay & Mathieson – GRP & Steel Products". Barclay & Mathieson. Retrieved 14 August 2025.

"BM Group acquires Angus F Gunn Ltd". BM Steel. Retrieved 14 August 2025.

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