Large UK Tyre Manufacturers and Distributors are Bigger Not Better

Size and scale are no advantage when it comes to overall financial success, according to a new study by Tyre Manufacturers & Distributors industry analysts Plimsoll Publishing. It seems the industry’s smaller players are putting their larger counterparts to shame when it comes to overall financial performance.

The top 60 “major players” currently control almost 94 per cent of the market. Yet look beyond their size at their individual financial performance and their image appears somewhat staid, according to Plimsoll analysts.

The study looked at the industry’s largest 60 companies and compared their financial performance with that of 241 smaller UK tyre manufacturers & distributors competitors. Interesting observations revealed in the report include that 27 failed to increase sales beyond that of the industry average while 28 are rated as being in financial danger, dispelling the myth that it is only the smaller companies that fail.

The analysts found that of the smaller 241 companies profiled, 17 delivered over £332,000 sales per employee and 68 are rated as financially strong.

The full 270-paged analysis is available for £500. Readers of Tyres & Accessories will receive a free copy of the Top 241 Plimsoll Portfolio Analysis when ordering. (Priced at £305 if bought separately). More information is available at www.majorcompanies.co.uk to order.