Hot 100 2012 ? 49: Longfield Chemicals

The basics

Company name:?Longfield Chemicals
What they do:?Plastics distributor
The boss:?Stuart Forsyth and Mark Pepper

The financials

Latest turnover (?,000):?51,438
Four-year compound sales growth (%):?39
Latest Ebitda (?,000):?1,290

The details

Founded in 1968, Longfield Chemicals remains privately owned and boasts turnover of more than ?51m from sales of polymers: plastic raw materials used in the production of a range of different products.?

In 2010, the company shipped around 60,000 tonnes of polymers to plastics processors around the world. According to co-owners Mark Pepper and Stuart Forsyth, the business plan is based on ?worldwide product sourcing, strong and well established supplier links, a highly experienced and a knowledgeable sales team as well as continental and UK warehousing.??

Longfield?s turnover has nearly doubled in three years from ?26.7m to ?51.4m and compound growth is running at a speedy 39 per cent. Meanwhile, EBITDA stood at ?1.29m last year, up from just ?55,000 in the basis year.

The Hot 100 2012 is brought to you by Investec, Jordans, Cass Business School and Your Business Your Future.

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