The SCR Chambers: East Midlands
Putting your business needs at the heart of our strategy
Celebrating our top 500 businesses
Boots has topped the list of a new index of the biggest businesses in the East Midlands. The high street health and beauty giant
claimed top spot on the list, after registering a turnover of £6.837bn in the year to August 2017, when its latest publicly available accounts were published. It was also the region’s second largest
employer, with more than 40,000 members of staff registered in that year. Top of the list by employee numbers was
clothing retailer Next, which employed 43,970 people in the year to January 2018, and registered a turnover of just over £4bn. Next came in at number five of the East Midlands Top 500 Companies Index, with the Sytner Group, Barratt Developments and Pendragon respectively occupying the remaining top five positions. The East Midlands Top 500 Companies is a
new index which celebrates the business success of the East Midlands as a region with a remarkably strong, diverse and resilient range of firms. These businesses are at the heart of the East Midlands economy and are high on the list of those most likely to drive growth and create jobs in the future. Their prosperity affects not only their
workforces, supply chains and the communities around them, but ultimately everyone in the region. For the first time, the index enables us to see
the range and strength of the leading businesses in the East Midlands, in the three counties of Derbyshire, Leicestershire and Nottinghamshire covered by the Chamber. The index is part of a proposed new approach
for sharing business intelligence to support economic development across the region. The East Midlands lacks a single organisation
which brings together economic and business intelligence. This puts the East Midlands at a disadvantage
with city-regional unified authorities, such as the West Midlands, which are able to integrate shared intelligence much more effectively, for example via the Chambers’ network, Black Country Economic Intelligence Unit and WM- REDI institute. While the East Midlands is a partner in the Midlands Engine Economic Observatory, it also needs to develop its own capacity for business intelligence which can inform policymakers such as the Local Enterprise Partnerships, the All- Party parliamentary Group of East Midlands MPs, and the East Midlands Development Corporation, as well as individual businesses and communities. The index builds on the Derbyshire,
Leicestershire and Nottinghamshire Top 200 Companies, featured annually on Reach Media
42 CHAMBERconnect Summer 2020
plc’s Business Live online news platform. It will help to promote the region and help
make it more successful. Everyone can join the base of people who
want the East Midlands to become more resilient and competitive. The index was planned in late 2019, when business disruption from Brexit was envisaged but coronavirus was unheard of. Since the effects of the Covid-19 lockdown
have been felt across the region, understanding the business baseline for economic recovery is of curial importance. The index is one important dataset within this. The Top 500 is based on historic data from
Companies House accounts submitted between July 2017 and June 2018. It will be updated yearly.
The East Midlands Top 500 Businesses Index
was produced by Rachel English, Professor David Rae and doctoral researchers Deji Olagboye and Ngozi Eneh Ojo from De Montfort University, Alexandra Charles and Marc Cowling from the University of Derby, and Will Rossiter from Nottingham Trent University, working in partnership with Reach Media plc and East Midlands Chamber. Chamber Chief Executive Scott Knowles said:
“This new index includes an impressive roster of businesses and highlights the strength in depth that the business community in Derbyshire, Nottinghamshire and Leicestershire has, with many of the UK’s best-known employers calling the East Midlands home.”
The East Midlands Top 500 Companies Index 2020 was released online at
www.business-live.co.uk/all-about/east-midlands throughout June, with coverage including reports on key industrial sectors, how businesses are responding to the effects of Covid-19, and mini-features on top companies in the region. The full report is available at
bit.ly/31FSgt1
–Company Boots UK Ltd Sytner Group Ltd
Barratt Developments Plc Pendragon Plc Next Plc
Rolls-Royce Plc Sports Direct International Plc
Toyota Motor Manufacturing (UK) Ltd Eco-Bat Technologies Ltd Steris Solutions Ltd Wilko Retail Ltd
Bloor Investments Ltd Greencore Group
Aggregate Industries UK Ltd
Samworth Brothers (Holdings) Ltd Dunelm Group Plc
Pentagon Motor Holdings Motorpoint Group Plc Staffline Group Plc
Bowmer and Kirkland Ltd
Revenue £6.837bn £5.562bn £4.875bn £4.739bn £4.055bn £3.708bn £3.359bn £2.178bn £2.040bn £1.892bn £1.620bn £1.515bn £1.405bn £1.376bn £1.079bn £1.050bn £1.007bn £991m £958m £928m
Employees 40,088 8,928 6,315 9,989
43,970 14,000 17,559 2,698 3,217
12,356 20,551 3,663 7,161
3,849 9,273 6,551 1,273 755
2,357 1,319
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