Fast Track 100

Stuart Grieveson, managing director of Worcester Carsales, has cars in his blood. His father Derrick founded the company in 1953, and Stuart began valeting cars for him at 11 and says he sold his first vehicle when he was 13. The firm now has five dealerships – in Worcester, Shropshire and the West Midlands. Two of its garages sell only Vauxhalls, while the others sell a combination of Vauxhall, Daewoo, Suzuki, and Chrysler Jeep. In January 2003 the company acquired two small dealerships and is planning to make further acquisitions in the coming year. Sales have grown 77% a year from £7.3m in 2000 to £40.5m in 2003.

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.

Company details
Year2004
Rank69
CompanyWorcester Carsales
ActivityCar dealer
LocationWorcester
Annual sales rise over 3 years77.12%
Latest sales £000s40,461
Staff192
Founded1953
Websitewww.citycounty.co.uk

If applicable:

* supplied by company † annualised figure