Leading UK steel stockholder, AJN Steelstock, which supplies processed steel to the UK construction industry, has been named as one of the top performing businesses in a list of Suffolk’s 100 highest-grossing companies.
Now in its twenty-first year, Suffolk Limited gives a unique insight into the performance of the Suffolk business community. Compiled by accountants, Grant Thornton and law firm, Birketts, the survey analyses the financial performance of the county’s leading privately-owned companies.
Building on its achievement and demonstrating continued success and record sales over the past year, AJN Steelstock moved four places above last year’s ranking and is now placed fourth in the highly regarded listing.
Providing a yardstick against which the county can assess its economic performance, the Suffolk Limited report shows that the combined turnover for the county’s top 100 companies reached £5.6bn in 2022 – up 10% on 2021. Overall, the 100 companies listed achieved a 22% increase in combined operating profits compared to last year.
Courtney Bell, AJN Steelstock’s Finance Director, comments, “The Suffolk Limited report has established itself as a key indicator of the health and success of the county’s top performing companies and we are delighted with our continued inclusion.
“Our top four ranking is testimony to the hard work and dedication of everyone at AJN and a major endorsement of the commitment we make to our customers, the reliability of the service we offer and for the levels of customer service we provide.”
As well as holding one of the largest ranges of structural steel, AJN Steelstock, which employs 428 people across its Suffolk and Somerset sites, also provides full in-house processing and finishing services including saw cutting, drilling, shot-blasting and painting, and laser and high def plasma profiling.
In 2021, AJN Steelstock was identified as one of London Stock Exchange Groups ‘1,000 Companies to Inspire Britain’ (for the third consecutive year), and recognised as one of the fastest growing companies in the UK with a listing in the Sunday Times PwC Top Track 250 league table.
For more information visit www.ajnsteelstock.co.uk