Coin Co International

The Sussex company buys foreign coins from charities, airlines and supermarkets that would otherwise be difficult to convert into sterling. When about one tonne of a particular currency has been collected and counted, the coins are shipped to the country of origin. Coin Co’s well-known clients include Oxfam and Asda. The company has increased its overseas sales since opening offices in Germany, Australia, Canada and a number of other countries. Staff numbers have also risen and now stand at 111. Under founder and chief executive John Baker, international sales at Coin Co have grown 58% a year, from £2m in 2006 to £4.9m in 2008.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2010
Rank68
CompanyCoin Co International
ActivityCurrency exchange provider
LocationWest Sussex
2-yr av intl sales growth pa58.27%
International sales £000s4,885
Total sales £000s13,329
Staff111
Founded1995
Websitewww.coincoplc.co.uk

If applicable:

* Supplied by company † Annualised figure