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business focus


Sunday Times PwC Top Track 250


A Slough company making the top 100 was IRIS Software, which took 93rd place with sales of £216m which gave profits of £98.7m.


The business software developer, with a staff of 1,550, has some 120,000 customers, including 21,000 accountancy practices and 11,000 schools. The firm’s software supports the accounts, human resources and payroll departments. In 2018 the company was bought by Hg and Intermediate Capital Group for £1.3b in what was reportedly the UK’s largest private equity-backed buyout of a software firm.


Eight more Thames Valley companies made the lower region of the Top Track 250 table. They were:


TSL the Chalfont St Peter-based construction services group (no 120 in UK with £191m sales); Michael J Lonsdale, Slough-based engineering contractor (no 126 with £184.2m sales); InHealth, High Wycombe- based diagnostic services provider (no 127 with £184.1m sales); Newship, Weybridge-based conglomerate (no 165 with £149m sales); Grundon, Wallingford-based waste management services company (no 182 with £135m sales); Segen, Aldershot-based renewable energy equipment distributor (no 220 with £116m sales); SugaRich, Camberley-based animal feed manufacturer (no 234 with £110m sales); Farol, Thame-based agricultural machinery supplier (no 246 with £106m sales).


Solent


Two companies from the Solent region made the latest Top Track 250 league table – retirement housing


developer Churchill Retirement Living and the painting and maintenance contractor CLC Group.


Retirement housing developer Churchill brought in strict safety and hygiene measures across the sites it manages during lockdown to support the 10,000 older people who reside in its developments. Chairman and chief executive Spencer McCarthy has urged the Government to help build 30,000 retirement properties a year as a safer alternative to care homes.


The company was founded in 1994 and now employs some 600 people. Operating more than 190 developments from six offices, it increased profits to £60.5m in 2019 on sales of £208.6m, placing it just outside the top 100 in the Top Track table.


CLC is a national property maintenance firm with 14 bases in the UK. Founded in Southampton in 1969 as a painting contractor, it specialises in the refurbishment of occupied properties such as social housing, universities, schools, hospitals and hotels.


Under managing director Nick Hilton the staff has grown to some 1,100 and sales grew to £154.4m in 2019, giving a profit of £10.8m and 157th place in the national sales table (up from 207 the previous year). During the pandemic CLC worked with clients including the Ministry of Defence, utilities providers and supermarkets to keep facilities fully operational.


The Top Track 250 table is compiled annually by Oxford-based Fast Track.


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THE BUSINESS MAGAZINE – JANUARY/FEBRUARY 2021 businessmag.co.uk 5


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