Business News

Strong growth for Queen’s Award winner

Published by
Nicky Godding

Business services specialist and 2018 Queen’s Award for Enterprise winner Commercial has reported business up 40 per cent up on last year.

The company reported it had a "run rate in excess of £70 million".

The company has more plans in the pipeline and to meet them co-founders Arthur and Simone Hindmarch (brother and sister) are now taking on more defined leadership roles.

Arthur becomes Chairman, to focus on long-term corporate strategy and Simone has been appointed Managing Director - responsible for day-to-day operations and decision making. The pair will continue on an equal footing as they take the business forward to the next stage of its development.

Earlier this month (March) Commercial received a 2018 Queen’s Award for Enterprise.

“It was wonderful to receive such a highly regarded business accolade hot on the heels of our best ever year,” said Arthur. “It has galvanised us to set our sights even higher as we plan for the next five to ten years.”

Commercial  invests 20 per cent of its profits into its Commercial Foundation, the social enterprise it established to boost the employment prospects of disadvantaged young people.  Several schemes are underway to reduce the use of disposable plastics within the business and in the products it sells to customers. Earlier this year, it extended its employee volunteer scheme, enabling all 300 staff members to take one paid day off per year to help out with a charity of their choice.

Simone Hindmarch added: “For us, being successful isn’t just about turnover and profit margins. It’s about the impact of our business on communities and the environment. At Commercial, strong values and strong business sense are two sides of the same coin.”

Commercial is hosting its 11th CSR Day in Cheltenham in June. This year’s speakers include Wayne Hemingway and Ed Gillespie.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Recent Posts

Publisher Future plc sees in-line trading in first-half

Bath-based Future plc, the publisher of specialist online and print magazines, said trading in its…

2 days ago

IS-Instruments Ltd and Bristol university among six UKAEA contract winners

The university of Bristol was one of six organisations to receive a contract from the…

2 days ago

Oxford BioDynamics teams up with King's College in bid to boost rheumatoid arthritis prevention

Oxford BioDynamics Plc is teaming up with researchers at King's College London in a bid…

2 days ago

UK needs quarter of a million extra construction workers by 2028

More than a quarter of a million extra construction workers are needed in the UK…

2 days ago

Vistry makes good start to year, bolstered by partnership model

Kent-based housebuilder Vistry revealed it was on track to deliver more than 10% growth in…

2 days ago

Dorset start-up with green ambitions boosted by SWIG Finance loan

A Dorset-based company, which has developed ground-breaking technology to recycle plastic waste and turn it…

2 days ago