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.