By comparison, according to the ecsn, the Distribution Total Available Market (DTAM) grew from £859 million to £939 million over the same period, a rise of just 9.4%.
Commenting Steve Rawlins, CEO, Anglia said that the company’s success and its record of out-performing the market, could be attributed to its core business model, which hasn’t changed significantly since the business was founded by Anglia President Bill Ingram in 1972.
According to Rawlins: “We have always been privately owned, retained a UK warehouse and maintained one of the highest levels of inventory in the business. Exceptional service and technical support set us apart, providing the basis for stable and strong customer relationships.”
He continued, “With no outside investors, we have more freedom to make long term decisions, and to partner with our customers. We have outgrown the market for the last ten years and are confident that we can maintain that growth to reach £100 million by the time we’re 50.”
Anglia is the UK’s largest privately owned component distributor with an on-target turnover of £60.8 million in 2017. The company grew from £35 million to £53 million in turnover between 2006 and 2016.
