20:20 Mobile Group

The biggest mobile-phone distributor in Britain, 20:20 Mobile Group sells handsets and accessories, and provides services to 8,000 customers, including network operators, retailers and dealers. The Crewe business is also licensed by the Financial Services Authority as an insurance intermediary and has operations in 15 countries across Europe and the Middle East, employing a total of 1,250 people. The company was formed in 2006 when the private-equity firm Doughty Hanson backed a £347m buyout from the Caudwell Group. Under chief executive Meinie Oldersma, sales reached £1.2 billion in 2012.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2012
Rank35
Company20:20 Mobile Group
ActivityMobile phone distributor
LocationCrewe
Sales £m*1,154
Profit £m*23
Year endMar 12
Principal shareholdersDoughty Hanson (45%), consortium including RBS and Mizuho (45%), management (10%)
Staff1,251
Founded1987
Websitewww.2020mobile.com

If applicable:

* Supplied by company † Annualised figure