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East Midlands Chamber News

East Midlands Top 500 Companies Index 2020 report published

Boots tops the list of a new index of the biggest businesses in the East Midlands.

The high street health and beauty giant, which has its head office in Nottingham, claimed top spot on the East Midlands Top 500 Companies Index 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 workforce headcount 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 index, with the Sytner Group, Barratt Developments and Pendragon respectively occupying the positions between second and fourth.

What is the East Midlands Top 500 Companies Index?

The East Midlands Top 500 Companies Index – run as a partnership between the Chamber, Reach plc, De Montfort University, the University of Derby and Nottingham Business School – is a new index that 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 across the three countries of Derbyshire, Leicestershire and Nottinghamshire covered by the Chamber.

East Midlands Chamber chief executive Scott Knowles said: “It’s long been recognised that the East Midlands is the engine room of the UK’s economy.

“We are a manufacturing powerhouse, a hotbed of innovation and advanced technology, and a logistics hub through which trade flows in all directions, over borders and into the global marketplace.

“Sometimes, though, we don’t shout about what we’ve got here loud enough, or with a united voice.

“We should. The East Midlands has got an amazing story to tell, of which everyone living or working here should be proud.

“The East Midlands Top 500 sets this out, in vivid detail, showing the contribution our businesses make to UK plc.

“This new index includes an impressive roster of organisations big and small. It highlights the strength in depth of the regional business community, with many of the UK’s best-known employers calling the East Midlands home.

“When you look down the list, it becomes clear that it’s not just the bigger, more high-profile businesses that make our economy tick.

“There are a myriad smaller, but no less important, firms that provide much of the employment, skills and innovation that this region is famed for.”

The index builds on the Derbyshire, Leicestershire and Nottinghamshire Top 200 Companies lists that were previously published by Reach and have featured annually on its Business Live online news site.

The Top 500 is based on historic data from Companies House accounts submitted between July 2017 and June 2018. It will be updated yearly.

It includes companies with their registered offices located in Derbyshire, Leicestershire and Nottinghamshire. It excludes public sector organisations and businesses with operations in the East Midlands that are subsidiaries, or have their registered offices elsewhere.

Click here to read the full report for the East Midlands Top 500 Companies Index.

 

Top 20 companies in the East Midlands by revenue

Business

Revenue

Number of employees

Boots UK Ltd

£6.837bn

40,088

Sytner Group Ltd

£5.562bn

8,928

Barratt Developments Plc

£4.875bn

6,315

Pendragon Plc

£4.739bn

9,989

Next Plc

£4.055bn

43,970

Rolls-Royce Plc

£3.708bn

14,000

Sports Direct International Plc

£3.359bn

17,559

Toyota Motor Manufacturing (UK) Ltd

£2.178bn

2,698

Eco-Bat Technologies Ltd

£2.04bn

3,217

Steris Solutions Ltd

£1.892bn

12,356

Wilko Retail Ltd

£1.62bn

20,551

Bloor Investments Ltd

£1.515bn

3,663

Greencore Group

£1.405bn

7,161

Aggregate Industries UK Ltd

£1.376bn

3,849

Samworth Brothers (Holdings) Ltd

£1.079bn

9,273

Dunelm Group Plc

£1.05bn

6,551

Pentagon Motor Holdings

£1.007bn

1,273

Motorpoint Group Plc

£991m

755

Staffline Group Plc

£958m

2,357

Bowmer and Kirkland Ltd

£928m

1,319

 

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