One of the country’s leading steel stockholders, AJN Steelstock, which has sites in Newmarket, Suffolk and Henstridge, Somerset, has been listed in the Sunday Times PwC Top Track 250 league table for the second successive year.
Ranked by biggest growth in year-on-year sales, the league table features Britain’s leading privately owned mid-market companies with outstanding sales performance.
Building on its achievement and demonstrating continued success and record sales over the past year, AJN Steelstock has moved an impressive 19 places above last year’s ranking – positioned 191 in the highly regarded listing.
The company is also one of just eight businesses in the East of England to feature in the Sunday Times PwC Top Track 250 league table.
AJN Steelstock employs 375 people across its purpose-built Newmarket and Henstridge sites. With a combined size of around 27 acres the company holds close to 35,000 tonnes of steel at any one time.
Despite a three week closure in April due to the impact of COVID-19 pandemic, AJN recorded a turnover of £132 million in 2019, accounting for just over 176,000 tonnes of high-grade steel supplied for construction projects across the United Kingdom.
Courtney Bell, AJN Steelstock’s Finance Director, comments, “The business has enjoyed a period of unprecedented growth over recent years and our success is due to the commitment we make to our customers, the reliability of the service we offer and for the levels of customer service we provide.
“The Top Track 250 league table has established itself as a barometer of the health of Britain’s mid-size private companies and its hugely satisfying to have all the hard work and dedication shown by everyone who works with us recognised in this way.”
The Top Track 250 is sponsored by PwC and Lloyds Bank, and compiled by Fast Track, the Oxford-based research and networking events firm.
Arif Ahmad, a Private Business Partner at PwC UK, the title sponsor of the league table, said: “There’s no doubt that 2020 has posed unprecedented challenges. But time and again, we’ve seen business leaders rising to that challenge, adapting their plans and taking the opportunity to innovate.
“This year, it’s more important than ever to recognise and congratulate the companies featured in the Top Track 250. They are the backbone of the UK economy and it’s our pleasure to work with them, at every stage of their journeys.”