Rotherham-based Acorn Industrial Services, one of the UK’s leading distributors of bearings, power transmission components and linear systems, has achieved two prestigious national accolades for its impressive sales growth.
Firstly, the company has secured a place in the prestigious London Stock Exchange Group’s ‘1,000 companies to inspire Britain’ – one of only three companies to do so from the Rotherham area and secondly, Acorn has been recognised as an ‘Outstanding Company’ by Plimsoll Publishing, the world leading provider of market reports and company analysis.
Acorn Industrial Services was selected to appear in the ‘1,000 companies to inspire Britain’ guide, as it has demonstrated positive growth in revenue over the last four years, as well as an increase in employee numbers, workspace and contract wins. The ‘1,000 companies to inspire Britain’ is produced as a reference book to highlight the importance of SMEs to the future of the UK economy.
The Plimsoll Publishing ‘Outstanding Company’ accolade is awarded to businesses, like Acorn Industrial, which have significantly improved their financial health, based on Plimsoll’s assessment of their overall performance and achieved continuous sales growth. Acorn Industrial Services has achieved a 50 per cent increase in turnover in the last four years and has created 25 new jobs.
Martin Povey, managing director of Acorn Industrial Services Ltd, said: “It is fantastic to receive these two accolades. It has been an amazing couple of years for us, with major growth in our UK and international sales, the move to our purpose-built premises at Hellaby and the creation of a number of new jobs. To achieve national recognition from these two high profile national organisations is fantastic and is testament to the hard work and efforts of our team here in Rotherham.” (local version)
Acorn Industrial Services Ltd has achieved these two prestigious accolades in the year that it completed a £1.25m investment in new 40,000 sq ft premises at Hellaby Industrial Estate. This includes relocating to premises twice the size of its previous premises in order to house its £4m worth of stock, plus its head office functions.
Acorn Industrial holds the most extensive stockholding in the country, with over one million items in stock, stored on eight miles of shelving.
The company has 30 years’ experience in the supply of bearings, linear systems and power transmission products, delivering a fast response for local, national and international customers.
For more information, visit the website at: www.acorn-ind.co.uk or call 0845 602 9946.
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