Company name: P&B Foods
What they do: Import, export, distributors of ethnic food
The boss: The Patel family
Latest turnover (£,000): 28,366
Four-year compound sales growth (%): 30
Latest Ebitda (£,000): 2,777
Based in Bradford, P&B Foods distributes ethnic and oriental food to cash and carries, wholesalers and independent foodshops.
Turnover has grown from £22.3m to £28.37m the previous year, while profitability is up to £2.78 from £2.2m.
Chandra Patel, whose father started the business in 1967, says that “there is no magic wand” to success. “We are just a very well managed business.”
Much of it comes down to efficient stock management, which is appreciated by the company’s 1500 clients. P&B Foods has recently extended its 80,000 square food distribution centre. “We can take an order on Monday and deliver on Tuesday, where competitors will take a week to ten days. Out of 4000 SKUs we have 99 per cent stock availability,” says Patel.
The Hot 100 2012 is brought to you by Investec, Jordans, Cass Business School and Your Business Your Future.
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