By Mike Travers
Plant dealers including Scot JCB and Molson Group are featured in the latest analysis of Britain’s leading private companies.
Scot JCB, the Glasgow-based JCB dealer, enters the Sunday Times Top Track 250 of mid-market businesses at number 132 after boosting sales by 28% to £173.2m. It was forced to temporarily shut some depots because of Covid-19 although it continued to operate through its support of essential services. The Sunday Times ‘Covid Special’ article mentions its 2018 acquisition of AM Philip Agritech.
Molson Group, the multi-franchise equipment business that operates north of the border though Molson Young Plant Sales, moves up 78 places to number 98 on the back of a 33% lift in sales to £214.1m. Profit is up 12% to £8.2m. It has remained fully operational during the pandemic.
Glasgow-based hirer GAP Group enters at number 108 with sales of £203m (up 9%) and profit of £22.2m (up 13%). The Sunday Times records its recent investment of £2m in a tanker hire division and says 23% of employees were on furlough.
Also in the Top 250 are:
Advance Construction Group, the North Lanarkshire groundworks and civils company moves up 26 places to number 112 with sales of £200.8m accompanied by a 76% hike in profit to £20.6m
Story Contracting, the construction, civil engineering and rail plant company, is ranked at number 201 with sales up by 34% to £127.2m and profits increased by 92% to £5.2m
Euro Auctions, the Northern Ireland plant and agricultural auctioneer, moves in at number 169. It put its business online during the pandemic – after building Europe’s biggest auction site – and recorded sales of £145.1m
McLaughlin & Harvey, another Northern Ireland company but with two offices and an extensive workload in Scotland. The civil engineering and building contractor moves up from number 103 to 21 and has reopened all its sites after Covid restrictions. Sales improved by 21% to £513.4m
See the full league table here…
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©Scottish Plant. Article posted 29/9/2020