Crown Crest Group

Rashid Tayub emigrated to Britain from Malawi in 1976 and started Crown Crest with his brother Aziz. The wholesale business the pair built supplies branded groceries and owns 400 Poundstretcher stores. The company has opened 50 new outlets in the past two years and is soon to launch its first shop in Dubai.

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Company details
Year2012
Rank40
CompanyCrown Crest Group
ActivityGrocery/FMCG wholesaler
LocationLeicester
Sales £m*443.0
Operating profit £m*16.0
Main shareholdersAziz Tayub (100%)
Staff6,000
Founded1976
Websitewww.poundstretcher.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda