Appointment of Chief Financial Officer

04 April 2024

Lords, a leading distributor of building materials in the UK, is pleased to announce that following a comprehensive formal search process, Stuart Kilpatrick has been appointed to succeed Chris Day as CFO.  Stuart will join the Board of Lords as CFO in early July 2024.

Stuart is a highly experienced CFO having led finance functions across a range of publicly listed companies. He joins from his position as CFO at Systal Technology Solutions Limited, a global provider of managed IT networks and, prior to this, he acted as Group Finance Director for 11 years at James Fisher & Sons plc, a leading provider of services to the marine, oil and gas and other global, high assurance industries. Prior to James Fisher, Stuart was Group Finance Director for Empresaria Group plc, the AIM-listed specialist staffing group, between 2008 and 2010.

Gary O'Brien, Non-Executive Chairman of Lords, said: "The Board is delighted to announce the appointment of Stuart Kilpatrick as CFO. We are pleased to be appointing a CFO with significant AIM market and M&A experience, who can be effectively integrated into the business. Working closely with the executive team, we believe he will contribute to the continued success of the Company.

“Chris Day will step down as a director and leave the Group shortly after the publication of the Group’s FY23 Results in May. In the interim period between Chris’ departure and Stuart’s arrival, the Group is well supported by its strong, well established finance team who will ensure a smooth transition for the business.”

Further disclosures required under the AIM Rules

In addition to his appointment to the Lords Board, Stuart Charles Kilpatrick, aged 61, holds or has held the following directorships or partnerships in the past five years.  Stuart currently holds no shares in the Company.


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Systal Technology Solutions BV British Engineering Services Asset Reliability Mimic Limited (formerly known as James Fisher Mimic Limited)
Systal Technology Solutions Inc British Engineering Services Asset Reliability Strainstall Limited (formerly known as Strainstall UK Limited)
Systal Technology Solutions Limited Buchan Technical Services Limited (formerly known as Hughes Marine Engineering Limited)
Systal Technology Solutions NV Cattedown Wharves Limited
Systal Technology Solutions OY CMTL (Ireland) Limited
Systal Technology Solutions S.r.o CMTL (JF) Limited
Systal Technology Solutions S.r.o EDS HV Group Limited
Systal Technology Solutions SAS EDS HV Management Limited
Systal Technology Solutions SL EDS HV Services Ltd
Windward Ltd Electricity Distribution Services Limited
 Eurotestconsult Limited
 Eurotestconsult UK Ltd
 F.T. Everard & Sons Limited
 F.T. Everard Shipping Limited
 Fathom Systems Limited
 Fender Care Limited
 Fender Care Marine Ltd
 Fender Care Marine Services Group Limited
 Fender Care Marine Solutions Limited
 Foresighthy Operations Limited
 High Technology Sources Limited
 HTSL Group Limited (formerly known as James Fisher Nuclear Holdings Limited)
 Hughes Sub Surface Engineering Limited
 Insight Marine Projects Limited (formerly known as Mojo Ocean Dynamics Limited
 IRISNDT Aerospace & Defense Limited (formerly known as James Fisher NDT Limited)
 James Fisher (Aberdeen) Limited
 James Fisher (Crewing Services) Limited
 James Fisher (RO-RO) Limited
 James Fisher (Shipping Services) Limited
 James Fisher Air Supply Norway Limited (formerly known as Scan Tech Air Supply UK Limited)
 James Fisher and Sons Public Limited Company
 James Fisher Defence North America Limited
 James Fisher Everard Limited
 James Fisher Fender Care Limited
 James Fisher Ghana Limited
 James Fisher Holdings UK Limited
 James Fisher Hong Kong Limited
 James Fisher Marine Services Limited (formerly known as James Fisher Defence Limited)
 James Fisher Marine Services Middle East Limited FZCO 
 James Fisher MFE Limited
 James Fisher Offshore Limited
 James Fisher Properties Limited
 James Fisher Properties Two Limited
 James Fisher Rumic Limited
 James Fisher Subsea Excavation Pte. Limited (formerly known as X-Subsea Singapore Pte. Limited)
 James Fisher Subsea Limited
 James Fisher Subtech Group Limited
 James Fisher Tankships Holdings Limited
 JF Nuclear Limited (formerly known as James Fisher Nuclear Limited)
 JF Overseas Ghana Limited
 JF Overseas Limited
 JFD Limited
 JFD Singapore Pte Ltd
 JFN Limited
 Lexmar Sat Systems Pte. Ltd
 Martek Holdings Limited
 Martek Marine Limited
 MNP EG Limited
 Mojo Maritime Limited (formerly known as Mojo Ocean Dynamics Limited)
 Onesimus Dorey (Shipowners) Ltd
 Osiris Marine Services Limited
 Osiris Underwater Engineering Services Limited
 Prolec Limited
 Pump Tools Limited
 Remac Limited
 RMSPumptools Limited
 Rotos 360 Limited
 Scan Tech AS
 Scantech Offshore Limited
 Scantech Offshore UK Limited (formerly known as Rigcool Limited)
 Scotload Ltd
 Scottish Navigation Company Limited
 Strainstall Malaysia Sdn Bhd
 Strainstall Singapore Pte Ltd
 Subtech Group Holdings (Pty) Ltd
 Testconsult Limited


There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.




Lords Group Trading plc Via Buchanan
Gary O’Brien, Non-Executive Chairman
Shanker Patel, Chief Executive Officer
Tel: +44 (0) 20 7466 5000
Cavendish Capital Markets Limited
Nominated Adviser and Joint Broker
Tel: +44 (0)20 7220 0500
Ben Jeynes / Dan Hodkinson (Corporate Finance)
Julian Morse / Henry Nicol / Charlie Combe (Sales and ECM)


Joint Broker
Matthew Armitt / Richard Bootle / Detlir Elezi
Tel: +44 (0)20 3207 7800
Buchanan Communications
Tel: +44 (0) 20 7466 5000
Henry Harrison-Topham / Steph Whitmore / Abby Gilchrist [email protected]


Notes to editors:

Lords is a specialist distributor of building, plumbing, heating and DIY goods.  The Group principally sells to local tradesmen, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group operates through the following two divisions:

  • Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities.  It operates both in the 'light side' (building materials and timber) and 'heavy side' (civils and landscaping), through 31 locations in the UK.


  • Plumbing and Heating: a specialist distributor in the UK of plumbing and heating products to a UK network of independent merchants, installers and the general public.  The division offers its customers an attractive proposition through a multi-channel offering.  The division operates over 17 locations enabling nationwide next day delivery service.

Lords was established over 35 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire.  Since then, the Group has grown to a business operating from 48 sites.  Lords aims to become a £500 million turnover building materials distributor group by 2024 as it grows its national presence.

Lords was admitted to trading on AIM in July 2021 with the ticker LORD.L.  For additional information please visit