Crown has been identified as one of London Stock Exchange’s ‘1000 Companies to Inspire Britain’, the company has announced. The report is described as a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.
Crown Domestic Appliances Limited was founded in 1996 by husband and wife team John and Doreen Graham to represent a major Scandinavian group in the UK. In 2008, the company restructured and concentrated its activities to sourcing and importing major domestic appliances from China and Turkey. Since then Crown says that it has developed a unique method of supplying products to OEM customers.
This includes finding the right product and factory vetting, and Crown ensures all required EU product certification is in place and checks shipments in the factory prior to loading. It arranges all sea freight, paying VAT and duty on arrival, deals with all clearance issues and arranges inland freight direct to customers, the company adds.
John Graham said: “We knew nothing about the London Stock Exchange listing and were delighted when told of our inclusion. We are a small team and this reflects very well on everyone involved with Crown.”
London Stock Exchange Group chief executive Xavier Rolet added: “This report is a significant part of London Stock Exchange’s broader campaign to support UK high growth companies in their journeys from Start-up to Stardom and to create an entrepreneurship revolution. I’m delighted that a strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies has been created to support these inspiring businesses.”
