Every year Insider magazine lists the Midlands top performing 300 businesses with a turnover of £20 to £50 million. This year Instarmac Group was ranked number one in the list. Sponsored by HSBC, Coventry University and The Institute for Advanced Manufacturing and Engineering, Insider magazine uses Experian IQ to measure each company’s turnover and pre-tax profit. Using these two numbers, an average is taken and the top 300 are drawn in order from that list.
As well as turnover and pre-tax profit, Insider also looked at profit margin, the level of exports and number of employees. Their research showed that, not only have average profits and exports increased but Midlands businesses have also created 10,306 jobs over the past year; great news for both local businesses and residents.
Instarmac Group plc are a market-leading manufacturer of cement- and bitumen-based products for the world market. Established in 1977, Instarmac has built a solid reputation based on the research, development and production of innovative materials used in the highway maintenance, urban regeneration, tiling, commercial flooring and internal finishing sectors.
Instarmac is committed to providing high specification products that are durable and independently tested, backed up by first-class customer, technical and sales support.
This achievement is the latest in a long line of awards for the company. In 2017 they were placed in The Sunday Times Top 100 Best Companies for the eighth year, achieved a RoSPA Gold Award for the fifth year, were ranked as a Low-Risk Operator by the DVSA, received a FORS Silver Award and completed the transition to the new ISO accreditations; one of the first companies to do so.