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When Michael Gregory started his tool and engineering equipment business from a single Leicester shop in 1970, he had only two employees. Today he has more than 1,500 and Cromwell Group has outlets all over Britain. It has also been expanding internationally in recent years, and runs 56 distribution centres worldwide, including operations in Europe, the Far East and Africa. Gregory remains chairman of the group, which reported sales of £159.6m in 2006.

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Company details
CompanyCromwell Group
ActivityIndustrial equipment supplier
Sales £m159.6
Operating profit £m10
Main shareholdersMichael Gregory (100%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda