John Hargreaves, 69, re-acquired this company in 2006, 21 years after he founded it. The retailer now has 217 out-of-town superstores selling discounted homewares and clothing. It also has a partner in the Middle East running seven franchised stores, and is expanding its online offering, widening its fashion range to include shoes and accessories. Under chief executive Darren Blackhurst, 46, these initiatives held sales steady at £1.1bn in 2013.

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
Year2013
Rank42
CompanyMatalan
ActivityValue retailer
LocationLiverpool
Sales £m*1,125
Profit £m*100
Year endFeb 13
Principal shareholdersHargreaves family (100%)
Staff16,373
Founded1985
Websitewww.matalan.co.uk

If applicable:

* Supplied by company † Annualised figure