Specialist construction products group SIG has retained its position as the Sheffield City Region’s top company for the tenth year running.
The Sheffield Business Park company, which is also by far the region’s biggest job creator, boosted its turnover to £2.7 billion – more than treble that of its nearest challenger, Outokumpu.
The Finnish-owned stainless steel manufacturer regained second place from Doncaster-based construction group Keepmoat, which recorded a massive loss due to goodwill impairment, following refinancing and reorganisation.
The first dozen places in the annual analysis by Star Business and leading independent accountancy firm Barber Harrison & Platt continued to be occupied by the same companies, although there was a little shuffling of the pack. Outside the leading 12, Prosper De Mulder, T C Harrison and London & Scandinavian Metallurgical all rose up the table.
Doncaster-based Prosper De Mulder is the UK’s biggest processor and recycler of waste food from ‘farm gate to dinner plate,’ and, since its tie up two years ago with German group Saria Bio-Industries is now part of the largest company in the field in Europe. Bakewell-based TC Harrison is one of the country’s largest privately owned motor groups, with branches in 16 locations, serving more than 200,000 customers.
London & Scandinavian Metallurgical, meanwhile, is a highly specialised manufacturer supplying products to the alumiumium, steel, super alloy, hard-facing, welding and glass industries.
The biggest improvement – a rise of 32 places, resulting from an increase of almost 130 per cent in turnover – was recorded by Van Dalen. The leading metals recycler last year unveiled a job-creating £6 million investment in its Grange Mill Lane site in Sheffield, bringing total investment in the site to £10 million since it opened in 2005. Half the firm’s Sheffield production goes to UK plants, by road or rail, while the rest is shipped abroad, some of it in containers, to countries that include India and Vietnam.
Overall, the Top 100 boosted their total turnover, cut their losses and increased the number of people they employ.
Three out of every four companies made profits and the proportion of Sheffield and Chesterfield firms making profits was even higher.
Two out of five Top 100 companies are based in Sheffield, while one in five can be found in Doncaster and in and around Chesterfield.