25 per cent profit increase helps Asmet hit town top spot

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Three years ago, Dronfield-based Asmet was known as A&S Metallurgical Resources and was too big to be an SME.

Following a 25 per cent increase in profits from £1.6 million last year the supplier of metallurgical consumables and specialist products to the iron, steel and aluminium industries has risen from fourth place in the table of Chesterfield’s most profitable SMEs to first.

The most spectacular improvement, however, has come from construction equipment specialist the Accession Group which boosted profits almost four-fold from £448,000 to £1.7 million, to rise from 15th to second in the table.

Third-placed Clee Hill Plant Holdings, which claims to be the largest independent company in the UK when it comes to hiring out compaction and surface dressing equipment, like rollers, spreaders and loaders.

Hasland-based Clee Hill increased profits more than one and a half times, from £448,000 to £1.7 million on its rise from 12th place.

VK Brands and HG Holdings both slipped out of this year’s ranking as profits fell below the Top 100 SMEs cut off point, while hotelier Paludis, joined previous table topper H Turner & Sons in recording a loss.

Meanwhile, shopfitter BHH Developments lost its place in Chesterfield’s top 15 after profits fell by almost two thirds from £1.1 million in 2010 to £427,000.

Returnees to the Top 100 SMEs rankings that have gained a place among Chesterfield’s most profitable companies include URA Ventures, Designer Contracts, Capital Refractories, Gary Fletcher (Surfacing), Rick Bestwick and Granwood Holdings.

URA Ventures, placed fourth in the table of Chesterfield’s most profitable SMEs, specialises in contract hire and vehicle sales, while eighth-placed Designer Contracts designs interiors for show homes, providing carpets, blinds, curtains, lighting and furniture for house builders and investors in buy-to-let properties, as well as supplying carpets for commercial applications.

Ninth-placed, Clowne-based Capital Refractories supplies refractory linings and associated products to metal melting, foundry and related industries like the cement and petrochemical industries.

Holmewood Industrial Park-based Rick Bestwick was set up more than 35 years ago by Rick and Pam Bestwick to process and supply wild game and now specialises in blast freezing, packing, storing and distribution of foods.

Gary Fletcher (Surfacing) lays everything from Tarmac to block paving for customers that range from private householders to local authorities, developers and main contractors. Meanwhile, Granwood Holdings owns National Floorcoverings and a range of subsidiaries making everything from carpets and carpet tiles to sports flooring.