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Solent 250 companies continue growth


The Solent 250 – the grouping of the top privately-owned businesses in the region – has seen significant growth in the past year


Despite political and economic uncertainty, the Solent region continues to show resilience, and the 250 highlights the important contribution the area makes to UK GDP.


Figures from RSM analysts show:


• The total combined turnover of businesses within the Solent 250 grew by 13.6% this year, from £15.4 billion to £17.5b. Indeed, we are approaching a potential milestone with the acquisition by Hendy Holdings of Westover Group, which is likely to give us a new number 1 in the near future with turnover of over £1b alone.


• Turnover of number 250 rose from £13.5 million in 2019 to £17m in 2020, showing the general growth in businesses within the population.


• Businesses in the Solent 250 employed an additional 4,800 people, increasing to total employment of over 108,000.


• Southampton led in terms of location of businesses in the Solent 250 with 45 companies headquartered in the city, followed by Poole (24) and Portsmouth (20).


• Largest sectors were retail (55), followed by manufacturing (45) and construction (36). On a subsector level, the motor vehicle industry led with 16 companies in the region.


• We saw an unprecedented number of transactions in the year demonstrating the calibre of Solent 250 businesses, a fact not lost on investors. Over 10 businesses sold out of the Solent 250 in the past year, including SHB Hire, Adams


Morey, Lewmar, White Horse Caravan Company and BOFA International. Further partial buyouts where the business still remains within the Solent 250 include Onecom, Shuttercraft and AFC Bournemouth.


The Solent 250 is an annual listing sponsored by HSBC UK, Irwin Mitchell, RSM and CMA Recruitment Group, and compiled by The Business Magazine using recognised data sources such as Companies House and FAME. To be included, businesses need to be independent, private companies, headquartered in the Solent region.


A Solent 250 Christmas drinks event is being staged at Southampton Harbour Hotel on December 9. For further details email Linda Morse:


linda@elcot.co.uk


The listing COMPANY NAME


1 2 3 4 5 6 7 8 9


10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25


Arqiva


Hendy Group Lush Cosmetics


Southern Co-operative Wiggle


Snows Group Westover Sunseeker Stannah


Sandown Group Simplyhealth Group


Richmond Motor Group Fat Face


Radian (Incl. Yarlington) Richmond Group


Heritage Automotive


Imperial Cars Supermarkets Churchill Retirement Living Natures Way Foods Colt


Hobbycraft Group Foray Motor Group


Partridge of Hampshire DB Foods


Ordnance Survey Description


Communication infrastucture Car dealership


Cosmetic manufacturer/retailer Food stores & funeralcare On Line sport retailer Car dealership Car dealership


Yacht manufacturer


Lift/stairlift design & installation Car dealership


Private health insurance Car dealership Clothing brand


Housebuilder/manager


Business investment/support Car dealership


Used car dealerships Retirement home developer


Manufacture & wholesale of fresh food Smoke/Climate control specialists Arts & crafts retailer Car dealership Car dealership Meat wholesaler Mapping agency


Sales (m)


990.4 556.0 524.5 450.9 393.4 371.9 331.8 299.8 266.1 250.1 249.5 244.0 238.1 231.7 220.0 206.6 201.4 185.5 183.0 179.8 177.7 175.5 165.5 157.9 157.4


26 Southampton FC


27 Minerva Global 28 29


CLC Group Bell Integration Ocean Automotive


30 Millbrook Industries 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50


Oil Spill Response AFC Bournemouth Trant Engineering Bartholomews CT Automotive


The National Lighting Co (Poole Lighting) Hall & Woodhouse Vohkus


Goodwood Estate Company Tradmet


Serocor (ARM/Optamor) Clipper Contracting Group Ceuta Group


Peter Cooper Motor Group Reilly JDM


Fusion People


Supreme Freight Liquid Friday Onecom


to view the full listing visit businessmag.co.uk COMPANY NAME Description Football club


Nut trade/import IT solutions


Car dealership


Bed & furniture manufacturer Maintenance provider


Oil spill advisers/responders Football club


Construction & engineering Agri-food services


Automotive manu’ & engineering Lighting specialist Beer manufacturer IT solutions


Land & leisure management Metal recycling


Recruitment agency Financial solutions


Consumer brand services Car dealership


Civil engineering


Recruitment agency Freight services


Contractor umbrella company Telecoms solutions


Sales (m)


148.4 147.7 144.0 141.9 140.8 138.6 134.9 134.9 128.0 124.0 116.0 114.8 110.1 105.0 104.4 102.6 100.7 98.4 97.6 97.4 96.1 96.0 93.6 90.3 87.7


THE BUSINESS MAGAZINE – NOVEMBER/DECEMBER 2019


businessmag.co.uk


17


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