Marshall and Anglian Water make UK private companies elite
Cambridge industrial heavyweight Marshall Group and Huntingdon-based utility Anglian Water are the only Eastern region companies to make the list of Britain’s 100 largest private companies by sales.
Marshall retains its 19th position while AW is 43rd in the 17th annual Sunday Times HSBC Top Track 100 league table published this weekend.
The two companies have made a significant contribution to the regional economy. Together they achieved sales of £4 billion and profits of £746 million in their last financial year and collectively employ more than 10,900 people.
Marshall Group had sales growth of 15 per cent to £2.6bn for 2017. This is helped by the group’s acquisition in 2016 of Ridgeway, a Newbury car dealership group. Group chief executive Robert Marshall is the fourth generation to lead the conglomerate which was founded in 1909.
Anglian Water serves six million customers in the East of England and Hartlepool from its Huntingdon headquarters. Managing director Peter Simpson oversaw 11 per cent sales growth to £1.3bn in 2017.
The companies in the East appear with businesses from around the UK, including high-profile, national brands such as Aston Martin, Dyson, JCB and Specsavers.
This year, the 100 companies reached a record £205bn in total sales, up an average of 16 per cent on the prior year, with record total profits of £23.5bn, up by 10 per cent. An impressive 90 companies increased sales in their latest financial year.
The league table is sponsored by HSBC, Linklaters and PwC and compiled by Fast Track, the Oxford-based research and networking events company.
• PHOTOGRAPH SHOWS: Robert Marshall