Marshall and AW fly fast-growth flag for Cambridgeshire
Marshall Group and Anglian Water are the only Cambridgeshire companies to make the Sunday Times HSBC Top Track 100 league table, published this weekend, which ranks Britain’s 100 biggest selling private companies.
The two companies have made a significant contribution to the regional economy. Together they achieved sales of more than £2.9 billion and profits of £773 million in their last financial year and collectively employ just over 9,000 people.
Cambridge-based Marshall Group features at No 29 with sales of £1.6bn, up 11 per cent.
Group chief executive Robert Marshall is the fourth generation to lead the conglomerate, whose quoted motor group in May acquired Ridgeway, a Newbury car dealership group, in a £107m deal.
Marshall is one of 24 companies on this year’s table to have featured every year since 2002 when the first Top Track 100 was published.
Anglian Water, ranked No 40, serves more than 6 million customers in the East of England and Hartlepool from its Huntingdon headquarters.
It was taken private in 2006 in a £2.2bn deal by a consortium that includes Canadian and Australian institutional investors and private equity house 3i. Managing director Peter Simpson oversaw sales of £1.3bn in 2015.
The companies in the east appear with businesses from around the UK, including high-profile national brands such as Dyson, JCB, Specsavers and Virgin Atlantic.
The league table is sponsored by HSBC and Linklaters, and is compiled by Fast Track, the Oxford-based research and networking events company.
Dan Howlett, head of corporate banking in the UK at HSBC, commented: “At a time of unprecedented uncertainty, we can take real comfort from the dynamic private companies across the UK as recognised by the Top Track 100 league table.
“Firms such as these are fundamental in helping to get Britain back to business during this post-Brexit period of uncertainty and the inevitable challenges ahead.
“These businesses are ambitious, agile and passionate about what they do and will play an important part in helping to drive the British economy forward, domestically and internationally.”