The UK’s fastest growing private companies: Hot 100 2015 – (94) Avtrade
1 min read
26 June 2015
Established in 1985, global component service provider Avtrade started by trading B737 aircraft Rotables. It branched out its inventory, with business and its reputation growing thereafter – and in 1995 moved to Poynings to accommodate for the substantial growth.
Industry/Sector: Retail and related services
Date founded: 1985
The boss: Graeme Brooks
Location: South East
Latest turnover: £70.6m
Three-year compound growth rate (%): 30.32
Latest EBITDA: £12m
Now the company is expanding once more – its new global headquarters are in West Sussex, where staff from its Aviation Business Park in Albourne will be relocated. The new complex is 35,000 square feet and the company said this “cements the commitment to continued expansion”.
It will accommodate the majority of Avtrade’s 200+ UK employees and hopes to present job opportunities and capacity to house an additional 330 employees should the business growth continue as planned. The website suggested these new headquarters would “Take the company into a new era”.
It followed the first step of its expansion plans from last year – the opening of a 115,000 square feet warehouse and logistics hub.
Avtrade has also focused on its international progress, with offices in Dubai and Moscow, as well as operations in Miami and Singapore.
This has all been led and facilitated by founder and CEO Graeme Brooks, whose airline background and career in buying and selling aircraft parts, has gifted the company with extensive component knowledge and expertise. His reliability and contact network provided Avtrade with the solid base with which to begin its growth, with the move into new headquarters the latest step in the company’s impressive journey towards further growth.