Top Track 100

The biggest mobile-phone distributor in Britain, 20:20 sells handsets and accessories and provides services to 8,000 customers, including network operators, retailers and dealers. The company was formed in 2006 when the private-equity firm Doughty Hanson backed a £347m buyout from the Caudwell Group. Led by chief executive Meinie Oldersma, 54, the Crewe-based business recently closed a number of loss-making operations across Europe and the Middle East, leading to a 17% drop in sales to £959m in 2013.

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Company details
Company20:20 Mobile Group
ActivityMobile phone distributor
Sales £m*959
Profit £m*19
Year endMar 13
Principal shareholdersDoughty Hanson (45%), consortium incl. RBS and Mizuho (45%), management (10%)

If applicable:

* Supplied by company † Annualised figure **Estimated