Prodrive tops Banbury firms

David Richards of Prodrive ENGNNL00220140127172309
David Richards of Prodrive ENGNNL00220140127172309

Banbury motorsport firm Prodrive has been placed in the top 50 of an annual list which reveals the best performing private companies in the Thames Valley.

Prodrive was listed at number 47 in the Thames Valley 250 report, with sales of £107.8 million in the financial year to the end of 2012 – up from £102.5 million the previous year.

The report revealed that across the region combined turnover of the leading 250 business grew from £23 billion to £26 billion.

Prodrive boss David Richards said: “The Thames Valley is one of the country’s most important business hubs and home to some of the UK’s most important technology businesses.

“It is therefore a significant achievement for Prodrive to continue to rank in the top 50 and to represent the Banbury business community in this important annual survey.”

The TV250 is now established as the key ranking of privately-owned businesses that have their headquarters in the Thames Valley, listing companies with sales measured at more than £1,000 million to firms with just under £10m.

Other Banbury firms were also well placed.

Animal foodstuffs and property firm KJ Cherry and Sons was ranked at 89, Pizza Delivery Services KL Ventures was placed 103, corrugated board manufacturer Encase Holdings was placed 122 and DAR Lighting was 150.

Herb and spice manufacturer Fiddes Payne came in at 201 and Smiths Concrete at 249. The listing of unquoted companies is ranked by turnover, using where possible the last published accounts.

Foreign-owned companies are excluded, as are businesses that simply have a registered office, rather than their trading office, in the Thames Valley.

At this year’s launch event at Cliveden, the invited guests heard from Keith Warburton, CEO of Global Business Culture Group, an internationally recognised expert on the impact that global cultural differences can have on organisations which work cross-border.