Commercial has announced that it closed its 2017 accounts with a run rate in excess of £70m – a 40% rise on the previous year.
With ambitious plans in the pipeline, brother and sister co-founders Arthur and Simone Hindmarch are now taking more defined leadership roles. As chairman, Arthur will focus on long-term corporate strategy and as managing director, Simone will be responsible for day-to-day operations and decision-making. They will continue to work collaboratively and on equal footing.
Arthur said that the recently-won Queen’s Award for Enterprise was a milestone for the business: “It was wonderful to receive such a highly-regarded business accolade hot on the heels of our best ever year. It has galvanised us to set our sights even higher as we plan for the next five to 10 years.”
Commercial also plans to build on its social and environmental sustainability achievements. It invests 20% of its profits into the Commercial Foundation, a social enterprise it established to boost the employment prospects of disadvantaged young people. There are also schemes underway to reduce the use of disposable plastics within the business. Simone said that the company’s #CommercialByNature ethos resonates with customers, suppliers and employees alike.
“For us, being successful isn’t just about turnover and profit margins. It’s about the impact of our business on communities and the environment. At Commercial, strong values and strong business business sense are two sides of the same coin.”