PHD makes top 25 in North West ‘Global Growth’ rankings
PHD Industrial Holdings has debuted in the latest Global Growth 100 Report, taking the 25th position of international trading companies based in the North West.
Celebrating the 100 North West companies with the fastest-growing overseas sales, the report is published in the September edition of NW Business Insider. It highlights PHD’s overseas sales growth of 120% in the 12 months to September 2022.
Overseas sales accounted for £8.9m out of a total of PHD’s total sales of £57.1m during the year to September 2022. PHD, a corporate compounding Holdco which invests in SMEs, currently has six main trading companies employing over 330 people with turnover for the 12 months to September 2023 in excess of £65m.
Andy Dodd, Director with PHD, says he’s delighted PHD’s longer-term investment model is being recognised. “Our approach is tailored to be more ‘founder friendly’, empower our de-centralised management teams and support the growth of traditional industrial SMEs, which form the cornerstone of our economy and contribute significantly to UK exports. We are delighted to have secured a position within the top 25 rankings in the Global Growth report and look forward to continued progress.”
PHD’s businesses include Wigan-based sealants and adhesives specialist Hylomar; Lancashire hardware specialist Olympic Fixings; Goole-based chemical manufacturer Technikraft; Wiltshire-based castors wheels and materials handling equipment manufacturer BIL Group; and Auto Marine Cables and First Class Holidays, both based in Manchester.