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This Kent-based business claims to be the oldest surviving cable distributor in Britain. It supplies electrical cables and accessories to the energy, marine and telecoms industries. Managing director Peter Holm, 61, has overseen a plan to reduce high inventory levels, freeing up more than £13m of working capital to invest in new opportunities. This initiative helped profits rise 22% to £6.9m in 2018. As we went to press, the group reported sales of £148.2m for 2019.

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Company details
CompanyBatt Cables
ActivityCable supplier
Sales £m145.7
Operating profit £m6.9
Main shareholdersPeter Holm (66%), Frank Batt (15%), other (19%)

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda