Opencast mining and colliery reclamation specialist ATH Resources has been dislodged from its place as the most profitable Top 100 company in Doncaster by Clyde Process Solutions following a momentous year for the pneumatic conveying systems specialist.
Last year Clyde notched up record profits, secured a contract with one of the world’s largest mining companies and was named one of the region’s top 20 manufacturers in a Star Business and Sheffield University Management School report.
The company was also sold for £33.3 million to Schenck Process, a German processing group owned by European buyout firm IK Investment Partners.
Electrical distributor Smith Bros (Caer Conan) secured a place among the region’s Top 100 SMEs last year, after seeing its business shrink, but it has also qualified for the turnover-based Star Business Barber Harrison & Platt Top 100 for the first time this year.
The private independent company, which was established in 1814 as an ironmongers, moved into electrical wholesalers during the 1900s and is now one of the leading distributors in its field, also gains a place among Doncaster’s five most profitable companies.
Engineering group MS International and HI Weldrick, which was established in the 1930s and owns 59 community pharmacies throughout South Yorkshire and North Lincolnshire, both moved up the listing of Doncaster’s most profitable companies, despite seeing profits reduce by £1.6 million and £1 million respectively.
Companies missing from this year’s listing of Doncaster’s most profitable companies include furniture retailer and manufacturer DFS, which has recorded a loss of £2.4 million this year, after making profits of £5.5 million.