Marshall and Anglian Water in UK private business elite
Cambridgeshire business powerhouses Marshall and Anglian Water again fly the flag for the region in this weekend’s 18th annual Sunday Times HSBC Top Track 100 league table which ranks the UK’s 100 private companies with the biggest sales.
The duo have made a significant contribution to the East of England economy. Together they achieved sales of £3.8 billion and profits of £736 million in their latest financial year, and employ more than 10,700 people.
Both are placed more or less where they were last year. Marshall Group is ranked No 20 with sales of £2.5bn in 2018.
The company won a contract worth over £100 million to supply the Dutch armed forces with 1,400 military containers last December.
Vice-chairman Robert Marshall is the fourth generation of the family to lead the conglomerate, which was founded in 1909.
Anglian Water, ranked No 42, serves six million customers in the East of England and Hartlepool from its Huntingdon headquarters. Managing director Peter Simpson oversaw sales of £1.3bn in 2018.
The companies appear alongside well-known British names, including bet365, Clarks, Iceland, JCB, John Lewis Partnership, Nando’s and Specsavers.
This year, the 100 companies reached a record £220bn in total sales, up 14 per cent on the prior year, with total profits of £24.6bn, up by 15 per cent Almost four in five companies (78) increased sales in their latest financial year.
The league table programme is sponsored by HSBC, Linklaters and PwC, and compiled by Fast Track, the Oxford-based research and networking events firm.