Victorian Plumbing listed in Sunday Times Top Track 250

Only retailer on the list which specialises in products for the home

17 Oct, 19

Online bathroom retailer Victorian Plumbing has been listed in the The Sunday Times and Fast Track’s Top Track 250.

Victorian Plumbing listed in Sunday Times Top Track 250

 

It is positioned at number 246 on the list of Britian’s top private mid-market growth companies.

The inclusion of the company comes after achieving a revenue of £118million and a profit of £3.5million in 2018, which were both increases on 2017 figures.

One of 18 retailers included in the Top 250, Victorian Plumbing is the only retail business which specialises in products for the home

Together, the 250 companies generated combined sales of £66.3billion, up 16% from £54.8billion in the previous year.

They achieved profits of £5.9billion, up 21%, with nearly two-thirds (152) increasing their profit margin.

Victorian Plumbing has cited one of the reason’s for its success has been its ability to achieve high revenues with a low staff cost.

Managing director Mark Radcliffe commented: “It’s fantastic to be featured in this prestigious category of businesses and it’s a testament to our hard work in competitive and challenging times.

“The unfortunate failure of other businesses in our sector was something that we’ve foreseen for a while, made inevitable by fierce competition and over-committed marketing budgets.”

He continued: “We’re now entering a period of even greater growth and increased profitability, wiht industry leading achievements to report in the coming months.

“I expect to see Victorian Plumbing featuring even higher on the list next year as we go from strength to strength.”