West Mids giants among Top Track 250
A total of 18 companies headquartered in the West Midlands have appeared in the latest Sunday Times Grant Thornton Top Track 250 league table, with a Warwickshire energy supplier ranked among the top ten.
The annual league table highlights Britain's leading mid-market private companies. Those ranked in the West Midlands racked up combined revenues of £5.3bn and have a 15,000-strong workforce.
Warwick-based First Utility was the highest group to appear in the region at number nine. In 2014, it almost doubled its turnover to £562m, boosted by advertising campaigns online and on television.
Pertemps Network Group, an AIM-listed recruitment consultancy also based in Warwickshire, missed out on a top ten spot at 11th, while luxury car giant Aston Martin came in at number 20. Pertemps also achieved the highest profit growth, with figures soaring by 88 per cent to £15m.
Coleshill car distributor IM Group also appeared at 33, alongside Redditch-based Johnsons Cars (91), Brindley Garages (214), The Best Connection (79), Drayton Group (112), Alliance Medical (142), Telent (65) and Davies Turner (216).
Seven companies did not appear on last year's list, including car dealer Rybrook, which soared to number 42.
Other new entrants were discount retailer The Works (250), automotive giant Stadco (122), Birmingham-based Sertec (174) and Staffordshire companies Palletways (146), LA International (167) and Meyer Timber Group (240).
David Hillan, regional managing partner at Grant Thornton UK, the title sponsor of the league table, said: "It’s inspiring to see such a diverse range of businesses creating growth opportunities both at home and abroad and positively contributing to the UK economy.
"The fact that over half of the Top Track 250 businesses are headquartered outside of London and the South East speaks to the growing influence of the UK’s regional business hubs and the opportunity these present in the creation of a more vibrant UK economy, where business and people can thrive."