Profit Track 100

Meteor claims to be Britain’s largest independent Mercedes dealer, with seven Midlands Mercedes dealerships trading under the name Drayton. Last year, the firm opened a new franchise in Wolverhampton, and disposed of two loss-making businesses. The appetite for prestige cars has helped to boost sales, and profits rose 52% a year from £1.6m in 2000 to £5.6m in 2003.

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Company details
CompanyDrayton Group
ActivityCar dealer
LocationWest Midlands
Annual profit growth51.99%
Latest profits £000s5,550
Latest sales £000s170,274

If applicable:

* supplied by company † annualised figure