Top ranking for Rix

Delighted by the company’s achievement Rory Clarke, managing director of Rix Petroleum and board member of J.R. Rix & Sons

Delighted by the company’s achievement Rory Clarke, managing director of Rix Petroleum and board member of J.R. Rix & Sons

Having grown its profits to £4.4m last year J.R. Rix & Sons has been ranked 38th in the 2015 Sunday Times Grant Thornton Top Track 250.

“To continually feature in the Sunday Times Grant Thornton Top Track 250 is a real source of pride for the company,” said  Rory Clarke, managing director of Rix Petroleum and group board member.

“The list features some truly great businesses so to be ranked alongside them is always a thrill.

“Whilst we experienced a small drop in turnover last year – group turnover was £453m in 2014 – slightly down on the previous year due to a fall in the price of oil – however the volume of oil we sold outstripped that in 2013 and we grew profits by 33% so it was a solid performance to say the least, and we’re delighted that our progress continues to be recognised by the Sunday Times.”

The Hull firm, which started out as ship owners in 1873 and today has interests in fuel distribution, shipping, motor cars, caravan manufacturing and property, has appeared in the prestigious business listing for the 10th time in 11 years.

www.rix.co.uk

 

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