Profit Track 100

This firm designs and distributes packaging for industries such as retail, ecommerce and the pharmaceuticals sector. It says it has built the UK’s biggest business-to-business packaging website, with up to 40,000 visitors a month. Based in Coventry, it has seven UK distribution centres, with 313,000 sq ft of combined space, and makes more than 2,000 deliveries a day using its own fleet. Growth in ecommerce and food delivery in lockdowns helped profits grow to £14.8 million last year. Founded in 2001 by chairman Bruce McInnes, 73, the firm’s employee share-ownership scheme has resulted in 63 per cent of staff owning shares in the business.

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Company details
Year2021
Rank66
CompanyKite Packaging
ActivityPackaging supplier
LocationCoventry
Annual profit growth46.37%
Latest profits £000s*14,751
Latest sales £000s*109,185
Staff300
Founded2001
Websitewww.kitepackaging.co.uk

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda