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Stoneacre’s dealerships temporarily closed because of the pandemic, but its key vehicle workshops stayed open to help NHS and emergency workers. Chairman Richard Teatum, 63, founded the firm in 1994 when he bought a bankrupt used-car dealership in Scunthorpe. It now has 50-plus locations in England and Wales selling more than 20 marques, such as Honda, Nissan and Suzuki. Managing director Shaun Foweather, 57, is driving growth through acquisitions, and the 2018 purchase of four Volvo dealerships in the northeast helped sales leap to £982m last year.

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Company details
CompanyStoneacre Motor Group
ActivityCar dealer
Sales £m982
Profit £m20
Year endApr 19
Principal shareholdersRichard Teatum (51%), Christine Teatum (49%)

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* Supplied by company † Annualised figure **Estimated