Thirty six Lincolnshire businesses have been named in the top 200 for profit growth in the East Midlands, with two of them in the top three.
Lincolnshire’s fastest growing business is Bourne-based Ballast Phoenix, which is ranked in second place. It is the UK’s leading service provider to the energy waste industry and specialises in recycling waste into useable ash material for the construction industry.
Lincoln Protein, the animal rendering plant in Skellingthorpe, closely follows in third place, with Lincolnshire’s CGI Managed Services Group (IT outsourcing) ranked 13th in the list.
Derbyshire-based UKCG Group were ranked in first place. The firm produces, distributes and services Carbon, Graphite and Magnesium products to global industrial sectors including aerospace, defence and steel.
This is according to The East Midlands Top 200 Report 2019, which was published on September 17 by the regional office of business and financial advisers Grant Thornton UK LLP in association with the CBI, HSBC and Macildowie.
The 200 businesses in the report are based across Derbyshire, Nottinghamshire, Leicestershire and Lincolnshire. They have grown profits by an average of 30% and employment by 8.2%, and together provide more than 68,000 jobs across the East Midlands.
Lincolnshire companies taking up 36 places in the list shows a 32% average adjusted profit growth rate and a 10% rise in employment, totalling 7,352 people.
The top market sectors for the county are agriculture, food & drink (7 companies), property &construction (7 firms) and retail & leisure (7 businesses).
The average salary at the companies is £25,200 according to the study, with a 3.4% average pay increase.
The full list of Lincolnshire companies and their ranking is:
Ranking
Company name
Sector
2
Ballast Phoenix
Property & construction
3
Lincoln Protein Holdings Ltd
Agricultural food and beverage
13
GCI Managed Services Group Limited
Services
19
Acorn Partitions & Storage Systems
Services
20
Brayford Plastics
Manufacturing
22
Parkacre Holdings Limited
Manufacturing
29
Internet Fusion Limited
Services
43
Freshlinc Group Limited
Transport and logistics
57
Lincolnshire Herbs Ltd
Agricultural food and beverage
63
Belvoir Lettings PLC
Property & construction
64
Mortons of Horncastle Limited
Manufacturing
69
Lindum Group Limited
Property & construction
73
Broadgate Builders (Spalding) Limited
Property & construction
73
Sharmans Agricultural Limited
Agricultural food and beverage
80
The Bay Group/Freshtime UK Limited
Agricultural food and beverage
86
B.A.Bush & Son Limited
Retail and leisure
87
Chandlers (Farm Equipment) Limited
Retail and leisure
93
Taylor Lindsey Limited
Property & construction
98
Tanglewood Care Homes Limited
Services
105
Game Engineering
Manufacturing
111
Teen Spirit Limited
Retail and leisure
112
Mark Harris (Lincoln) Limited
Retail and leisure
114
Turnbull & Company
Property & construction
118
Hawkes Farms
Agricultural food and beverage
136
Staples (Vegetables) Limited
Agricultural food and beverage
149
Direct Leisure Supplies Limited
Manufacturing
154
Hexadex Limited
Manufacturing
158
Pennell’s Garden Centres
Retail and leisure
163
L.J. Fairburn And Son Limited
Agricultural food and beverage
173
Doubleday Group
Agricultural food and beverage
176
Ruskington Garden Centre Limited
Retail and leisure
179
Elsoms (Spalding) Limited
Agricultural food and beverage
184
Daubney (Holdings) Limited
Property & construction
187
Kiowa Holdings Limited
Manufacturing
188
Ambitions Personnel Limited
Services
192
Majestic Bingo Limited
Retail and leisure
Ballast Phoenix, Lincolnshire’s fastest-growing business
The firm turns ashes from energy to waste incinerators into materials for the construction industry
Based in Bourne, Ballast Phoenix is owned by a Dutch parent company and specialises in recycling ash. The company takes the residue from incinerated household waste and processes it to create Incinerator Bottom Ash Aggregate (IBAA), a useful product used in the construction industry.
This process also recovers residual metals which are eventually reused in various manufacturing industries such as the car industry.
Matthew Turner, Director at Ballast Phoenix, said: “There is great demand for our services as UK waste companies need our specialist approach to reduce their contribution to landfill, and the skills and expertise within the business mean we are well primed to quickly take advantage of opportunities in the market.
“By buying into the reuse and recycle concept, we have tapped into growing residual markets, helping us to achieve a profit growth of 134% compounded over the three years under review.
“Since the beginning, we have invested to improve the quality of our products and technology, sourcing funds through a combination of bank and group funding and R&D claims, and this is what will continue to drive our growth.
“By investing in technology to find alternative ways of doing things, we are well positioned to manage the unpredictable nature of the materials we handle, as well as changes in consumer habits and legislation.”
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A section of the A16 has been closed after a crash between a lorry and a motorcyclist left the latter requiring hospital treatment.
The crash happened on the A16 at Grainsby near Holton Le Clay and was reported to police at around 12.15pm on Friday.
It involved a lorry and a female riding a motorbike, she has been taken to hospital for treatment following the collision.
North Thoresby to Waithe area on the A16 has been closed to allow for emergency services to deal with the incident, and is likely to remain shut for some time.
Lincolnshire Police are asking drivers to use alternative routes and avoid the area if they can.
A pumpkin weighing a whopping 286kg was named as Lincolnshire’s biggest pumpkin in a competition run by a business in Boston.
Bell’s Horticultural has gone through five generations of the family and is celebrating its 60th anniversary this year.
For the past six years the family firm has held ‘Lincolnshire’s Giant Pumpkin Weigh Off’ on the opening day of Bell’s Pumpkin Patch. The previous record stood at 262kg, but this was beaten by Boston man Len Saint, whose pumpkin weighted an impressed 286kg.
There is a ‘Selfie Station’ at Bell’s Pumpkin Patch. | Photo: Bell’s Horticultural
Retail director Holly Bell told The Lincolnite: “We’ve had lots of entrants, but you could see this was the biggest, it was a huge pumpkin. My first thought was ‘How will we move it?’ and it took eight big guys to lift it. We will need a forklift on hand next year.
“This year we have gone all out on our displays and doubled the size of the maze, event field and patches. With pumpkins we go large as a great way to celebrate the autumn and we are one of the biggest pumpkin growers in the UK.
“I’m really pleased with how we have done this year and that we continue to light Instagram up. We doubled the size of the event this year and nearly sold out for the weekend.”
Babies enjoy posing for photos with the pumpkins. | Photo: Bell’s Horticultural
All of the pumpkins entered into the competition, including Len’s whopper, will remain on display until the end of the month and people can pose for photos with them during their visit. Visitors can also enjoy Bounce & Climb, Potato Catapults, Maize Maze, pumpkin picking and more – tickets can be purchased here priced at £6.
The Lincolnshire firm grows over a million pumpkins every year for the country’s supermarkets. | Photo: Bell’s Horticultural
Bell’s Horticultural is primarily a wholesale nursery and also a family farm, growing over a million pumpkins every year for the country’s supermarkets.
The firm was recently voted as having the most Instagramable pumpkin patch by Zoella, and also featured in top 10 lists in the Daily Mail, Country Living Magazine and Wanderlust.
A man has been caught using the Royal Mail to distribute thousands of pounds worth of cannabis to addresses across the country, Lincoln Crown Court was told.
Julius Serva attempted to post 13 packages at the Bailgate Post Office in uphill Lincoln but staff alerted police after becoming concerned due to the smell from the items.
Philip Plant, prosecuting, said Serva was arrested and the subsequent investigation revealed he posted 43 packages at the Eastwood Road Post Office in Boston earlier the same day before travelling to Lincoln.
The Boston packages contained a combined total of 1.2kgs of cannabis with a street sale value of up to £12,000. The Lincoln packages contained 182gs of the drug which was potentially worth up to £1,500.
When Serva was interviewed he said he had been asked to post the packages by a friend of a friend and initially believed they contained computer parts but subsequently realised it was cannabis and continued with the task.
Mr Plant said: “He said he was requested to do this for £30. That is nonsense. The postage would have cost him £100.”
Serva, 34, of Walden Gardens, Boston, admitted two charges of possession of drugs with intent to supply as a result of the incidents in July 2020.
He was given a 12-month jail sentence suspended for two years with up to 20 rehabilitation activity requirement days.
Judge Simon Hirst told him: “This was effectively supplying direct to users. You plainly had an awareness of the size of the operation.”
Neil Sands, in mitigation, said that Serva, who was born in Lithuania, came to the UK in 2006 and had no convictions in the past decade.
Mr Sands said: “He had been employed as a farm worker but injured his elbow and was unable to work. He found himself completely without income and he fell behind with his rent. He was offered this opportunity and took it.”
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