Company name: Rebound Technology Group
What they do: Electronics distributor
The boss: Simon Thake and Neil Madley
Latest turnover (?,000): 80,283
Four-year compound sales growth (%): 49
Latest Ebitda (?,000): 2,318
Simon Thake built one hugely successful electronics business. Sold it. And is now enjoying equal success second time around.
Rebound is an electronics distributor. It sources components, boards and assorted paraphernalia for manufacturers across the world. Two-thirds of business is conducted outside the UK, and not surprisingly the firm as offices in five continents, with a particularly strong presence in Germany and China. Thake, and his co-founder Steve Madley, spend an awful lot of time on the road, visiting suppliers and clients. Growth has been almost exclusively organic.
The secret to growth” Rebound is known for testing components rigorously, which is apparently an appealing USP in an industry where quality is highly variable. Thake and Madley own 41.7 per cent and 37 per cent of firm, respectively.
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