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Name: Marla Tube Fittings
Industry/sector: Manufacturing and engineering
Date founded: 1956
The boss: Simon Preedy
Location: West Midlands
Latest turnover: £115.2m
Three-year compound growth rate (%): 32.18
Latest EBITDA: £14.2m
Marla Tube Fittings, a business founded in 1956, supplies tubes and tube fittings to a wide variety of clients across the globe. It prides itself on having expanded and developed in line with its clients’ changing needs.
Based in the Arden Forest industrial estate in Alcester, the company is also considered to be one of the UK’s largest steel stockists, suggested the Birmingham Post’s Rich List.
The company is run by managing director Simon Preedy, who can regularly be found on the Midlands’ top 50 rich list – only two places behind famous singer Ozzy Osborne to boot.
Manufacturer Marla Tube Fittings posted sound profits in 2014, on sales of £115.1m. Furthermore, it was revealed in Real Business’s Hot 100 2014 – in which the company ranked at 95th place – that during the last decade Marla had opened additional warehouses and production facilities throughout the UK, Dubai and China.
On its website, its ability to meet the expectation of customers, as well as setting high standards within the industry, is attributed to its 160 employees – all of whom have had training prior to joining the company.
Marla Tube Fittings has also jumped on board the growing trend of automated invoice processing, by outsourcing its business-to-business integration services.
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