Top 10 UK kitchen houses: number 5

Sprint turnover
Sprint's rapid growth means that it was too small to publicly record its accounts prior to 2013.

The Sprint Group name might be a bit of a surprise to some to finish so high at number 5 on our list of top 10 UK kitchen houses by turnover, but the 2016-17 financial year turnover of £16.2m is testament to the success of the Worcestershire-based company.

However, the rapid growth of the firm is the very reason why we do not have a full set of results here.

Smaller firms are exempt from posting their full financial reports publicly on Companies House, so prior to the 2013-2014 financial year figures, where turnover was £7.7m, Sprint was too small to qualify.

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But we can see from the figures which we do have that the distributor is definitely on the up.

With operating profits topping £1.2m for 2016, a 28% increase on the £978,000 of the year before, it is no wonder the company is currently looking to expand its staff roster.

Sprint has strongly grown its operating profits.

2017 proved to be tinged with sadness for the business though, as founder David Ryan tragically passed away. He had started the company in 1994 with just £1,500, which left little room for mistakes or immediate massive expansion.

It seems this adherence to working to a tight budget has stood the company in good stead and new MD Tom Bartley-Smith has inherited a very sound business model to take forward.

The Ryan family is still well represented in the firm too, with David’s sons Luke and Ross both remaining on the board.

Clients for the firm include several fit-outs for modern British cuisine chain Bill’s, a variety of schemes for world food restaurant, Giraffe, Raymond Blanc’s Brasserie Blanc sites and The Ivy Chelsea Garden.

Sprint also has a fleet of engineers for equipment servicing, and bespoke counter and ventilation system fabrication.

Tags : Distributorsfinancial resultsfinancialssprintsprint grouptop 10 kitchen housesturnover
Clare Nicholls

The author Clare Nicholls

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