Fil Gray made a good living in the early 1990s by selling older model cars at heavily discounted prices. In 1997, when carmakers increased their sales and reduced stocks, Gray set up a Slough-based car supermarket called Trade Sales offering mainly new cars, many imported from the Continent, at knock-down prices. Trade Sales stocks all vehicle models and marques, including top-of-the-range Porsches and Maseratis that can be bought through the firm’s website or at its premises. The company now sells 22,000 cars a year – 60 a day – and has pushed up its profits 101% a year from an annualised £1m in 1998 to £8.1m in 2001.
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.