Profits charge ahead for Supreme Imports
SUPREME Imports, the family owned battery and lighting supplier to a host of retailers, saw revenues jump by 30% to £44.6m last year.
The company based in Manchester’s Trafford Park, is run by managing director Sandy Chada, who joined the family business as a teenager.
Supreme, which operates from a 100,000 sq ft warehouse and supplies 45,000 UK outlets, said pre-tax profits jumped by a third to £3m in the year to the end of March.
In a statement the group said its wide portfolio of brands was behind the growth. It also credited the £400,000 acquisition of Midlands-based Bargain Foods.
The business sells brands such as Duracell, Energizer, Philips, and Panasonic, as well as manufacturing under licence for JCB, Eveready, RAC and KiK. It has also recently signed a deal to produce Energizer LED bulbs in Europe, the Middle East and Africa.
Lighting product manager David Neilson said: “I am delighted to be part of such a thriving business and excited for all the prospects we have ahead of us. We have such a great market presence across all regions that we can only continue to grow and rise to the revolution of LED lighting.”