Malthurst

In a petrol market that is said to have contracted by 25% over the past five years, this operator has still managed to grow, achieving annualised sales of £274m in 2004. Buying fuel from oil giants such as Shell, Texaco and BP, and operating under these brands, it now has 130 outlets. Last year, Malthurst’s private shareholders bought the British subsidiary of Q8 national oil company, now renamed Pace Petroleum, in a £60m joint venture with the property managers Winston Group and William Pears Group. Pace trades separately from Malthurst.

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
Year2005
Rank30
CompanyMalthurst
ActivityPetrol station operator
LocationEssex
Sales £m†274.0
Operating profit £m†5.0
Main shareholdersGraham Peacock (24%), Susan Tobbell (24%), Brian Thompson (21%)
Staff53
Founded1997

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda