Britain's Top 100 Entrepreneurs 2014: No. 40 - Alfie Cheyne, Alfred Cheyne Engineering

The engineering entrepreneur is worth £60m.

by Philip Beresford
Last Updated: 23 Oct 2014

Leaving school at 16, Alfie Cheyne served an apprenticeship in Marine Engineering and Hydraulics. In 1987 he set up on his own as a valve specialist in the remote offshore industry criss-crossing the globe. In 1993 he started his own small engineering company in Aberdeen. A year later it won its first contract for large split winches and has never looked back. In 2013 Alfred Cheyne Engineering made £6.7m profit on £35.4m sales. Trading as Ace Winches, it has won numerous awards and contracts recently. 

Age: 50
Activity: Industry
Wealth: £60m
Latest turnover: £35m
Five-year rise in turnover: 192%
No. of employees: 295
Five-year rise in employment: 142%
Score: 137

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