Trade Sales

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.

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Company details
CompanyTrade Sales
ActivityCar dealer
Annual profit growth100.63%
Latest profits £000s8,145
Latest sales £000s165,664

If applicable:

* supplied by company † annualised figure