The Plimsoll Envy Awards 2002
The Plimsoll Envy Awards 2002
136 exceptional companies in the UK Metal Treatments industry have been"named and acclaimed" as part of the Plimsoll Envy Awards 2002. The outstanding performance of the companies named in the Envy Awards dispels the myth that market conditions are hindering performance.
The Envy Awards 2002 include four different categories of exceptional performance.
Best trading partners
Arguably the performance of these 18 companies are taken as an example on how to achieve a long-standing presence in the industry. With a strong balance sheet and average growth of 18.8 per cent, these companies are combining sound financial management with commercial success. Companies of note are:
Acorn Hardas Ltd
Fluorocarbon Bakeware Systems Ltd
Inductotherm Industries Europe Ltd
Fastest growing
Capturing market share is the principle activity of the 18 companies named in the "Fastest Growing" category. The strategy of market share at all costs is undoubtedly risky but the rewards can be amazing. Average growth at these companies is a massive 15.9 per cent compared to the industry average of −0.1 per cent. Companies of note are:
Clytha Holdings Ltd
Acorn Hardas Ltd
Brettell and Shaw Ltd
Most profitable
The average margin in the UK Metal Treatments industry is a woeful 2.9 per cent. Yet, 50 companies categorised as the "Most Profitable" have attained a 14.0 per cent average margin. With 32 per cent of the industry loss making,their achievements deserve special credit. Companies of note are:
John Folkes (Lye Forge) Ltd
Mcgean-Rohco (UK) Ltd
RIW Ltd
Leaders in efficiency
The amount of sales per employee is a classic efficiency ratio. The average figure in this industry is £74,000 per employee. The 50 companies named in this category are beating this industry average and post an average £146,000 per employee. Companies of note are:
RIW Ltd
Whitchem Ltd
Chemetall Specialty Chemicals Ltd
For further information, contact: Plimsoll. Tel: 01642 626400; Web site: www.plimsoll.co.uk
