Britain's Top 100 Entrepreneurs 2014: No. 71= - Michael Gregory, Cromwell Group

The tools entrepreneur is worth £295m.

by Philip Beresford

When Michael Gregory opened his first shop in 1970 there were just two employees at the Leicester-based supplier of tools and equipment to the engineering industry. Cromwell is now the largest British owned industrial distributor with 270 staff. In 2013 it made £25.3m profit on £270m sales.

Age: 70
Activity: Tools
Wealth: £295m
Latest turnover: £270m
Five-year rise in turnover: 53%
No. of employees: 1,935
Five-year rise in employment: 11%
Score: 192

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