Micheldever Group 109th in Sunday Times Top Track 250

Continued growth at Micheldever Group means the group has jumped to 109th place in the prestigious Sunday Times Top Track 250 list of the most successful mid-market companies. In the past two years the group has jumped by almost 100 places in the Sunday Times list with group sales reaching £259.3 million, up 16 per cent over the previous year. Annual turnover for 2009/10 is forecast to be over £283 million.

The league table, which is co-sponsored by PricewaterhouseCoopers LLP, ranks Britain’s biggest mid-market private companies by their latest sales figures, which range from £592 million to £153 million. In addition to retailers in the automotive business, companies span a wide range of industries from construction to IT and property. Micheldever Group is the only tyre industry player to be placed in this illustrious listing.

Commenting on the group’s performance Paul Fox chief executive said: “We are absolutely delighted to have accelerated up the Sunday Times Top Track 250 list. It is a reflection of the tremendous hard work of our dedicated team of people here at Micheldever set against a very difficult and challenging market. The investment we have made in warehousing, new retail outlets together with systems and procedures have put us at the top of the tyre distribution business.”