Top Track 250

Lincolnshire-based engineer Hexadex is made up of five subsidiaries; all have taken steps to protect staff and have operated through the pandemic. These businesses include Eminox, which makes exhaust systems, and steel clamp producer Teconnex, which furloughed 60% of its staff in May. Hexadex has joint ventures overseas and is investing in factories in the UK and India. Under group managing director Andrew Meakin, 53, sales grew to £128.4m in 2019.

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
Year2020
Rank197
CompanyHexadex
ActivitySteel systems manufacturer
LocationLincolnshire
Sales £m128.4*
Operating profit £m5.5*
Main shareholdersMilles family (90%), Hexadex Employee Benefit Trust (10%)
Staff1,163
Founded1978
Websitewww.hexadex.com

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda