MOVERS AND SHAKERS BUSINESSES TO

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his section highlights companies which have entered or climbed up the index. Within this group are businesses which grew during the year. Some demonstrate qualities of exceptional strategic ambition, leadership and innovation. A move into or out of the index may result from registered office moves into or out of the region and be purely administrative.

Within this group is a growing number of international businesses, locating UK operating companies in the region. There are also companies in sectors including manufacturing, healthcare, retail, services and other sectors which move into or up the index. This reflects the diversity of business activities in the region. It includes familyfounded businesses in the region which have been growing for several decades and have now entered the Top 500.

Top 10 New Entrant Dunelm Group Plc

“The Home of Homes” is the UK’s market leader in homewares. Dunelm’s turnover for the period under review was £1.3bn, making it the 10th biggest Company by turnover in the East Midlands, and fifth biggest Company in Leicestershire. In terms of headcount of over 10,000 staff nationally, it is the seventh largest by employment in the East Midlands and second largest of those headquartered in Leicestershire.

Dunelm has seen turnover grow consistently year on year for the last 20 years, from £239 million (year end 2004) with only one year of checked growth in the year ended June 27,2020. Dunelm is firmly on a growth trajectory, with turnover growing by 26% in 2021 over 2020 and growing a further 18% in year ended 2022 compared with 2021. It becomes the fifth retail business to join the prestigious Top Ten companies

Top New Entrants

All four of the highest new entrants to the Top 500 are companies which have moved their registered office addresses from other locations to the East Midlands. The top two are holding companies.

Highest New Entrants

36 C&C TOPCO LTD

C&C Topco owns a growing portfolio of domiciliary care service businesses. Previously registered in London, it has been refinanced and the shareholding is owned by an equity fund based in Jersey.

Second Highest New Entrant

60 HEALTHNET HOMECARE (UK) LTD

Healthnet Homecare (UK) Ltd joins as a result of the relocation of their registered office to Derbyshire. The business provides nursing and pharmacy services to home and community care patients in partnership with the NHS, specialising in patient-centred homecare. Turnover grew by £61m (47%) from 2020 to 2021.

Highest Climbers

WARD GROUP HOLDINGS LTD

224 place rise from 290 to 66 Ward Group Holdings has risen from 290 in 2022 to 66 in 2023, a rise of 224 places. Ward Group Holdings Limited is the holding company of a fourth-generation family business in the recycling of metal and waste. The primary trading business is Donald Ward Limited. This company achieved 22% growth in turnover in 2020-21 and a further 76% during the following year. The main driver of the increases in turnover have been metal and ferrous materials sales, mainly driven by increased volume rather than the price. Businesses involved in recycling are likely to grow further with the priority given towards sustainability. This Company will be a business to look out for in future East Midland 500 rankings.

W B POWER SERVICES LTD

202 place rise from 480 to 278

W B Power Services Ltd has risen from 480 in 2022 to 278 in 2023, a rise of 202 places. This is an independently owned industrial plant engineering and hire company, based in Heanor Gate, Derbyshire. Turnover in the year ended April 2021 increased by 73% to £44.5m, by attracting large contracts and increasing its power generator hire fleet.