International Track 200

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.

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Company details
CompanyCoin Co International
ActivityCurrency exchange provider
LocationWest Sussex
2-yr av intl sales growth pa58.27%
International sales £000s4,885
Total sales £000s13,329

If applicable:

* Supplied by company † Annualised figure