Profit Track 100

Acquired by its current management team in 2010, this building insulation products distributor has expanded its original trading site in Northampton and opened five warehouses in Leeds, Birmingham, Glasgow, London and, in 2019, Portsmouth. Led by Leeds-based managing director Alex Khan, 58, profits rose to £3 million in the year to February 2020 on strong sales. It expected to be profitable for the rest of the year despite a fall in sales during the first lockdown.

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Company details
CompanyBelgrade Insulations
ActivityInsulation supplier
LocationWest Yorkshire
Annual profit growth69.18%
Latest profits £000s3,008
Latest sales £000s54,659

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda