Top Track 250

This staple of the British high street has spent £500,000 a week to top up the wages of furloughed staff to their full pay. The Manchester firm — which employs 1,200 former offenders in its 5,400-strong workforce — is run by the founder’s great-grandson, chairman Sir John Timpson, 77, and his son James, 49, who is chief executive. Originally founded as a shoe retailer by William Timpson in 1865, the chain offers dry cleaning, key-cutting and watch and shoe repairs in more than 2,100 shops. Profits rose 42% to £20.4m in 2019.

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Company details
Year2020
Rank58
CompanyTimpson
ActivityRetail services provider
LocationManchester
Sales £m286.9
Operating profit £m20.4
Main shareholdersJohn Timpson's settlements (100%)
Staff4,832
Founded1865
Websitewww.timpson.com

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda