Housebuilder Avant Homes, fitness clothing retailer Gymshark and global cashback business TopCashBack are among the 36 Midlands businesses which recorded the biggest sales – before the pandemic struck.
The companies have been named in the annual Sunday Times PwC Top Track 250 league table – published today – which ranks Britain’s leading mid-market private companies.
The 36 Midlands businesses in this year’s table – which employ more than 52,000 people – increased their combined sales by 18 per cent to £8.9bn and operating profits 23 per cent to £668 million.
Arif Ahmad, a Private Business Partner at PwC UK, the title sponsor of the league table, said: “There’s no doubt that 2020 has posed unprecedented challenges. But time and again, we’ve seen business leaders rising to that challenge, adapting their plans and taking the opportunity to innovate.
“This year, it’s more important than ever to recognise and congratulate the companies featured in the Top Track 250. They are the backbone of the UK economy and it’s our pleasure to work with them, at every stage of their journeys.”
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Below is the full list of Midlands firms which feature in this year’s list.
Ranking: 29 (down from 26)
For the year end May 2019, housebuilder Avant Homes recorded sales of £474 million and profit of £47 million. The company employs 760 at its headquarters in Chesterfield.
For the year end December 2019, van dealer Pentagon Investments recorded sales of £278 million and profit of £6 million. It employs 368 people at its headquarters in Derby.
Ranking: 161 (up from 223)
To July 2019, transport and waste services provider Martin Group generated sales of £152 million and profit of £15 million. It employs 888 people at its headquarters in Alfreton.
To March 2019, healthcare equipment and services provider NRS Healthcare recorded sales of £196 million and profit of £7 million. The Coalville-headquarters company employs 1,097 people.
To April 2020, classic and performance car dealer Tom Hartley Jnr recorded profits of £9 million and sales of £133 million. It employs 10 people and is headquartered in Ashby-de-la-Zouch.
Leicester housebuilder Jelson – which employs 755 pepole – recorded sales of £122 million and profits of £16 million up to April 2019.
Ranking: 7 (up from 25)
Shoe manufacturer and retailer Dr Martens is the highest ranked Midlands business on the list. The Wollaston company – which employs 2,288 people – recorded sales of £627 million and profit of £155 million up to March 2020.
Ranking: 14 (up from 23)
Construction contractor Winvic Construction recorded sales of £628 million and profit of £20 million to January 2019. The company – whose headquarters is in Northampton – employs 275 people.
Ranking: 35 (up from 37)
To March 2020, flour miller Whitworth Group – which employs 711 staff – recorded £437 million sales and profits of £14 million. It is headquartered in Wellingborough.
Northampton-based renewable energy generator Infinis generated sales of £164 million and profit of £32 million up to March 2019. It boasts a workforce of 294 staff.
Ranking: 195 (up from 225)
Kettering-based Grosvenor Contracts Leasing recorded sales of £129 million and profit of £6 million for the year end December 2019. The vehicle contract hirer employs 218 people.
Prepared fruit manufacturer Blue Skies, based in Pitsford, employs 4,769 people. Based in Pitsford, it recorded sales of £123 million and profit of £2 million to December 2019.
Corby-based concrete frame contractor MPB Structures generated sales of £120 million and profits of £5 million up to June 2019. It has 84 employees.
Fragrance designer and maker CPL Aromas just made this year’s league table. The Brixworth-based company generated sales of £105 million to March 2019 and profits of £6 million. It has 588 employees.
Nottingham-based fashion retailer Paul Smith recorded sales of £215 million to the end of June 2019 and profits of £7 million. The company employs 1,198 staff.
Packaging manufacturer The Reflex Group generated sales of £114 million and profits of £3 million to the end of Februaru 2020. It employs 839 people and is based in Mansfield.
Ranking: 47 (up from 197)
Waste management services Reconomy recorded sales of £324 million and profits of £14 million to December 2020. Headquartered in Telford, the company employs 515 staff.
Fellow Telford business Dodd Group also made the list this year. The mechanical and electrical contrator – which employs 858 staff – generated sales of £155 million and profits of £4 million to March 2019.
Ranking: 18 (up from 28)
Nurseries operator Busy Bees is based in Burntwood. Up to December 2019 the company – which employs 12,848 staff – generated sales of £528 million and profits of £19 million.
Ranking: 64 (up from 96)
Lichfield-based care home operator Voyage Care recorded sales of £267 million and profits of £26 million up to March 2020. It employs 10,807 people.
Stafford cashback website TopCashBack generated sales of £129 million and profits of £11 million up to December 2018. It employs 203 people.
Up to March 2019, Cannock-based APC Overnight generated sales of £109 million and £5 million profit. The parcel courier employs 692 staff.
Ranking: 15 (up from 18)
Digital infrastructure services provider telent generated sales of £568 million and profit of £27 million up to March 2020. It employs 2,308 staff and is based in Warwick.
Logistics and freight operator Davies Turner generated sales of £191 million and profits of £6 million up to March 2019. It is based in Coleshill and employs 877 staff.
Yacht dealer and distributor Princess Motor Yacht Sales generated sales of £117 million and profits of £4 million to December 2018. It employs 127 people and is headquartered in Warwick.
Ranking: 11 (down from 10)
Breakdown and motoring services provider RAC generated sales of £631 million and profits of £101 million up to December 2019. It employs 3,620 people and is based in Walsall.
Ranking: 49 (up from 81)
Civil engineer and plant hire business Bridgetown Holdings generated sales of £308 million and profits of £11 million up to May 2019. The company is based in Birmingham and employs 159 staff.
Ranking: 65 (up from 100)
Birmingham-based corporate travel management firm Click Travel – which employs 232 staff – generated sales of £263 million and profits of £8 million until March 2020.
Ranking: 67 (up from 154)
Fitness clothing retailer Gymshark recorded sales of £258 million and profits of £32 million up to July 2020. It employs 455 staff and is based in Solihull.
Indian food supplier TRS & East End Foods generated sales of £205 million and profits of £16 million up to April 2019. It is based in West Bromwich and employs 353 staff.
Metal product manufacturer Hadley Group recorded sales of £171 million and profits of £7 million to April 2019. It employs 671 staff and is best in Smethwick.
Ranking: 174 (up from 227)
Up to March 2020, air movement equipment manufacturer Elta Group recorded sales of £141 million and profits of £9 million. It employs 940 people and is based in Kingswindford.
Birmingham-based marketing technology provider ITG generated sales of £135 milion and profits of £3 million to August 2019. It employs 880 people.
Builder and civil engineer A&H Construction and Developments recorded sales of £129 million and profits of £7 million to April 2019. It is based in Halesowen and employs 73 staff.
Ranking: 214 (up from 242)
Oriental food supplier Wing Yip generated sales of £119 million and profits of £5 million up to September 2019. It employs 409 people and is headquartered in Birmingham.
Car dealer Arbury is based in Bromsgrove and employs 258 people. In December 2018, it recorded sales of £132 million and profits of £3 million.