WHAT’S NEW?
achieve a record average profi t growth of 70.46% over the last three years and secure its place in the league.
Commenting on the ranking, Marc Fecher, Director at Northwood, said: “We are honoured and delighted to enter this league table, which is a highly respected barometer of companies that have demonstrated strong profi t growth and contributed to the UK economy. It is terrifi c to be among some of the UK’s top private companies and to be recognised for our entrepreneurial spirit.
“We’re proud to be a market- leading British owned and managed manufacturing business and this impressive revenue growth is testament to the dedication and hard work of our team. We intend to build on this achievement during 2021, with more ambitious plans that will help us fuel further growth and take our business to the next level.”
NORTHWOOD DEBUTS ON BRITAIN’S FASTEST GROWING
PROFIT LEAGUE TABLE Northwood Companies has been ranked number 30 in the 22nd annual Sunday Times BDO Profi t Track 100. It is the fi rst time that the group has been named in the league table.
Now in its 22nd year, the coveted Sunday Times BDO Profi t Track 100 is the defi nitive list of the UK’s private companies with the fastest-growing
NG BAILEY WELCOMES NEW GROUP
COMMERCIAL DIRECTOR NG Bailey has appointed John Kelly as its Group Commercial Director.
John has enjoyed a long and successful career in the engineering sector and joins the business from Imtech UK & Ireland where he also held the role of Group Commercial Director.
He has also previously held senior commercial leadership roles with Mercury Engineering, Laing O’Rourke Crown House and Wimpey/ Tarmac/Carillion. He joins NG Bailey on 26th April 2021.
www.tomorrowsfm.com
profi t over the last three years. The latest Profi t Track 100 reported that profi ts in Britain’s leading private companies have grown by an average of 59% a year over the last three years to reach a combined total of £932m.
Continual investment in staff, digital technologies, plant and customer service provision at Northwood – one of the UK’s manufacturers and suppliers of away-from-home professional paper hygiene and wiping products – has helped the business to
Speaking about his new role, John said: “NG Bailey is leader in its sector with a fantastic heritage and an exciting future ahead. I’m delighted to join the company as it celebrates its centenary year and support its continued growth and development.”
David Hurcomb, Chief Executive at NG Bailey said: “I am delighted to welcome John to the business. He brings a wealth of valuable experience and he will play a key role in cementing our position in the sector and maximising opportunities for further sustainable growth.”
www.ngbailey.com/ TOMORROW’S FM | 19
Last year, Northwood invested more than £7m in its Birmingham facility to increase its total daily output of toilet paper rolls to 2.5m and create 27 new jobs.
The Sunday Times BDO Profi t Track 100 league table and awards programme are sponsored by BDO and compiled by Oxford-based research and networking events fi rm, Fast Track.
www.fasttrack.co.uk www.northwood.co.uk
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