Thursday, April 19, 2012

News: History & Heraldry amongst UK's best


History & Heraldry, the Rotherham-based impulse-buy gift business has been named amongst Britain's 100 private companies with the fastest-growing profits.

The Hellaby company has been ranked at number 38 in the Sunday Times Profit Track 100 with an impressive annual profit growth of 73.67% over three years.

The annual league table, sponsored by PwC, ranks Britain's 100 private companies with the fastest-growing profits and uses the growth in profits over the last three years of latest available audited accounts. The 100 companies show an average profit growth of 70% and combined profits of £1.2 billion.

History & Heraldry was started in 1994 by Malcolm Ogg and Diane Clothier in their kitchen, making coat-of-arms keyrings for common surnames. The company now employs 77 staff at their Rotherham headquarters.

Customers include visitor attractions, garden centres and gift shops and the company now sells its merchandise worldwide and its products have been translated into 30 languages.

Gifts include keyrings, mugs and fridge magnets with people's names, catchphrases or sentiments on them and last year, 40 million items were sold, with most of the revenue generated in mainland Europe.

A move to replace third-party distributors with its own operations has helped profits to grow by 74% a year from £1.4m in 2007 to £7.4m in 2010.

The couple also own Paper Island, a successful greeting card company with a turnover of £8.3m.

Arif Ahmad, partner and head of private business in Yorkshire for PwC, said: "It's great to see these local privately-owned companies delivering sustained profit growth and making such a positive contribution to the economy.

"These companies show how private businesses and their owners can help drive regional economic growth and development in Yorkshire."

History & Heraldry website

Images: History & Heraldry


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