MediaVest

This firm specialises in the planning and buying of advertising space and time. Founded by managing partners Andrew Jeal and David Lucas in 1994, MediaVest’s customers include Greggs, JD Williams, Magnet Kitchens and Thomas Cook. Due to the downturn, a number of clients cut their marketing expenditure, and the group saw sales fall to £168.2m in 2010. In anticipation of this, the business moved its focus to high-margin media channels and reduced operating costs. As a result, operating profit increased to £6.5m.

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Company details
Year2010
Rank196
CompanyMediaVest
ActivityAdvertising agency
LocationManchester
Sales £m168.2
Operating profit £m6.5
Main shareholdersAndrew Jeal (29%), David Lucas (29%), Starcom MediaVest (20%), others (22%)
Staff200
Founded1994
Websitewww.mediavest-manchester.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda