The Top 50 list, compiled by RM2 in partnership with the Employee Ownership Association (EOA), covers independent UK-registered companies that are at least 25% owned by their employees on a broad basis and UK subsidiaries of non-UK companies that are more than 75% employee owned.
Unipart has consistently ranked in the Top 50 since the formation of the report in 2014.
Unipart is well known for its high levels of employee engagement. Each year, Unipart measures employee engagement through an online survey. The results have been benchmarked against leading companies and consistently achieve top-quartile results.
Nigel Mason, Director of the RM2 partnership, said: “It is encouraging that despite a difficult year for many businesses, we can see an increase in both combined sales and employee numbers for the Top 50 employee-owned businesses by size.”
Deb Oxley, Chief Executive of the EOA, said: “Through the stories of our members, we are seeing a trend of resilience, good governance and communications building trust in the business which helps to respond to business shocks, and clear and impactful focus and health and wellbeing that is supporting individual resilience during these testing times. Something that sets them in good stead to be inclusive and resilient in their plans for recovery and renewal.”
As part of the Top 50 the business contributes to the positive performance of the top end of the employee ownership sector. There is a combined sales of £21bn, an increase of 6.7%, and a 2.8% rise in the number of combined employees – 180,405.
The top findings from the report include:
- Combined sales: £21bn (Up 6.7%)
- 180,405 combined employees (up 2.8%)
- There are six new entrants – Activate Solutions Group Ltd, Briggs & Forrester (UK) Ltd Cleantec Services Ltd, Punter Southall Group Ltd, Oxford Policy Management Ltd, William Gibbons Group Ltd