Doncaster firms hit hard by tough times

0
Have your say

Tough times have hit Doncaster’s Top 100 companies hard.

Nine out of the 19 Doncaster firms in the rankings are making losses and just two of the Top 10 profit makers were among the town’s most profitable companies last year – MS International and HI Weldrick.

A tenfold increase in profits to £6.9 million has propelled ABS Industrial Resources to the top of the Doncaster Top 10.

ABS is a privately owned group, which was founded in 1988 and specialises in sourcing, processing and supply of primary and secondary alloys and metals.

The company has facilities located in South Africa, USA, Germany, France and China, in addition to its headquarters in Kilnhurst.

MS International has risen from third to second in the Doncaster rankings after doubling its pre-tax profits from £3.3 million to £6.7 million.

Balby Carr Bank based MS International has three operating divisions – defence, forgings and a division that makes petrol station forecourt superstructures.

Norwich-based MSI-Defence Systems has been designing and making defence equipment for more than 100 years.

Products include the SEAHAWK gun system, fire control systems, surface and submarine navigation systems, compression chambers for divers and shelters, specialist vehicle bodies and containers for land forces.

Doncaster-based MSI-Quality Forgings makes steel forging for many applications, including safety critical applications.

The group also makes fork arms for a range of applications, up to and including giant forks, weighing up to 150 tonnes, which stand as high as a man.

Meanwhile, Global-MSI has operations in Doncaster and Poland which design, manufacture and installation of petrol station forecourt structures, including canopies, shops and car wash facilities for locations across Europe.

Ballyvesey Holdings, which owns Doncaster trailer manufacturer Montracon, has boosted profits from £1.4 million to £5.5 million to secure a place as Doncaster’s third most profitable Top 100 companies.

Electrical goods manufacturer Morphy Richards and Rubicon Partners Industries, which specialises in acquiring manufacturing and distribution businesses, have both boosted their profits.

Three companies in the Doncaster Top 10 have turned losses into profits: Amnack, Strata Homes and M Higgins.

Amnack – which trades as Doncaster Cables – supplies products which include data and telephone cables, armoured cables, fire protection cables and cables that can cope with temperatures down to –40°, as well as cables for general wiring and switchgear and the sort of flexible cables used on domestic appliances.

It turned a £202,000 loss into a £2.4 million profit, while Strata turned a £1.5 million loss into a £1.8 million profit and independent potato supply business M Higgins has made a £1.6 million profit after a loss of £1.8 million in 2011.

TOP COMPANIES - Doncaster

33 ABS Industrial Resources 6,904

60 MS International 6,684

10 Ballyvesey Holdings 5,525

49 Morphy Richards 4,476

14 Rubicon Partners Industries 3,033

86 Amnack 2,421

78 Strata Homes 1,859

76 M Higgins 1,620

93 Black Cat Bidco (Omega Kitchens) 1,609

50 H I Weldrick 891