Two mobility companies rank in Sunday Times league table amongst some of Britain’s biggest brands
Ranking Britain’s private mid-market growth companies with the biggest sales, community equipment providers Medequip Assistive Technologies and Millbrook Group have featured on the Sunday Times Grant Thornton Top Track 250 league table.
Now in its 15th year, the renowned Top Track 250 league table complements the prestigious Top Track 100 league table of Britain’s biggest private companies by listing the next 250 growth firms.
Open to private organisations with total sales between £120 and £700million, for a company to make the list, its operating profit margins must exceed two percent and sales in the latest year must have grown by at least five percent.
The list features household brands across the country, including Holland & Barrett, Travelodge, RAC, Chelsea Football Club, Doc Martens and Gymshark, alongside the two community equipment providers.
Achieving sales of £159.9million and operating profit of £6.3million, 2019 sees Medequip Assistive Technologies leap an impressive 12 places to 177th from 2018’s 189, the highest it has ever placed – having ranked 187 in 2017. This year also marks the Heathrow-based company’s third consecutive appearance in the league table.
Operating community equipment and assistive technology services across over 40 contracts in the UK for the NHS and local authorities, the company recently signalled its intent to expand in the growing telehealth sector following its acquisition of County Careline Services last month. In addition, Medequip also has its successful online mobility retail arm, Manage at Home.
Matt Ward, Head of Retail & Marketing for Medequip, commented: “We are proud to be achieving these significant commercial goals alongside continuing to provide quality and value for money for the many people who use our services across the UK.”
Ranking 205th in this year’s list was Millbrook Group, the Hampshire-based diversified group which operates in a range of markets, including mobility and healthcare as a community equipment provider and wheelchair services operator, together with its subsidiaries Ultimate Healthcare and Consolor.
With total sales of £140.8million and an operating profit of 6.9million, the company was acquired by Cairngorm Capital in July for an undisclosed sum and is now led by Chief Executive Phillip Campling.
This year’s Top Track 250 list sees the omission of Acorn Stairlifts, which had ranked highly in previous years – 137th in 2017 and 127th in 2018.
Also amongst the top 250 private mid-sized companies are care home operators HC-One and Barchester Healthcare, ranking highly in sixth and seventh respectively.
