Wednesday, October 20, 2010

News: Maplin Electronics in Top Track 250


Rotherham-based retailer, Maplin Electonics has been named amongst Britain's leading mid-market private companies.

With sales of £203.7m, the Manvers company has made it onto the latest Sunday Times HSBC Top Track 250 at number 147, up from 176th last year. Maplin is the highest ranked company in South Yorkshire and 5th across Yorkshire and the Humber.

Top Track 250 company have sales ranging between £140m and £550m, representing the next tier down from the Top Track 100 biggest private companies.

The company's profits for the 12 months up to 2009 were listed as 24.2m and in April, Maplin was been named in the latest Sunday Times Pricewaterhouse Coopers Profit Track 100. The annual league table that ranks Britain's 100 private companies with the fastest-growing profits.

Maplin sells a range of 15,000 products to tech-savvy hobbyists as well as general consumers.

The company's website attracts over 170,000 visitors every day and a network of over 170 retail outlets throughout the UK and Ireland. Maplin has plans to open 12 new stores this year.

Launched by two technology enthusiasts in 1972 who were frustrated by the lack of good quality electronics components, Maplin Electronics became the experts' choice, with a reputation for the best product range and expertise.

The recent profits are a far cry from the early days in Essex when founders, Roger Allen and Doug Simmons, remained in their full-time jobs for two years, and the company didn't make a profit.

In 2008 they moved to a 220,000 sq ft state of the art distribution centre and head office at Manvers in Rotherham.

Maplin website



Helen Catterall October 22, 2010 at 11:42 PM  

Maplin has been around for years - I recall visiting their store in Manchester many years ago. Nowadays I prefer to shop online and Maplin has its entire inventory available to view and order from, although I do still occasionally visit one of their stores.

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