Bestway Holdings

Set up as a specialist Asian food store in west London in 1962, Bestway has grown to become a large grocery and drinks wholesaler with 28 cash-and-carry outlets in the UK. It has moved further up the supply chain with its London mill, which processes and packs rice. The company has also built an £80m cement plant in Pakistan. Bestway, which employed 1,668 staff and had sales of £724m in 2002, bought a significant stake in UBL United Bank, Pakistan’s fourth-largest bank, that year. A sister company, Bestway Northern, which files separate accounts, had sales of £283m in 2002.

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Company details
Year2003
Rank35
CompanyBestway Holdings
ActivityCash & carry wholesaler
LocationWest London
Sales £m724
Profit £m26
Year endJun 02
Principal shareholdersPervez family (61%), management (39%)
Staff1,668
Founded1962
Websitewww.bestway.co.uk

If applicable:

* Supplied by company † Annualised figure