Profit Track 100

This Glasgow group comprises four businesses selling tyres and car parts. Viking is a wholesaler; National Tyres and Autocare operate from 240 locations fitting the tyres and parts; and National Fleet services business customers. The group also runs an online tyre retailer called Tyre Shopper. Alan Revie, 61, the group’s chairman, bought the company in 2001. A focus on costs helped profits reach £4.8 million in 2019. It closed 91 branches in March last year, furloughed many staff and took a £16 million coronavirus large business interruption loan in July, before re-opening branches in August.

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Company details
Year2021
Rank61
CompanyAxle Group Holdings
ActivityTyres and auto parts supplier
LocationGlasgow
Annual profit growth47.58%
Latest profits £000s4,837
Latest sales £000s170,550
Staff1,495
Founded2001
Websitewww.axlegroup.co.uk

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda