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The pandemic saw this wholesaler’s food service division begin making home deliveries in the York area. The Tyne and Wear-based company normally supplies food, drinks and household items to businesses from its 27 UK depots, and also exports its products worldwide. Founder and chief executive Paul Young, 63, founded the business with a single cash-and-carry store in Newcastle in 1988. It acquired competitors Central Supplies and Alpine Fine Foods in 2019, lifting sales to £399.3m this year.

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Company details
Year2020
Rank38
CompanyKitwave Wholesale Group
ActivityFood and drink wholesaler
LocationNorth Shields
Sales £m399.3*
Operating profit £m8.1*
Main shareholdersPaul Young (51%), Pricoa Capital Group (24%), others (25%)
Staff1,100
Founded1988
Websitewww.kitwave.co.uk

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda