Page 36 - Yorkshire Rich List 2017

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Chris Marshall £125m
2016
Position: 50 £112m
Chris Marshall runs and owns the Leeds-based property development and construction company Marshall Holdings.
The business specialises in warehouse and manufacturing facilities as well as city centre retail development in Glasgow and Newcastle and also has a sizeable presence in Leeds. It was founded by Chris Marshall in 1976.
The group made impressive increases in sales turnover in 2016, increasing revenue to £141.5m from £113.7m. It has net assets of £130m and made a pre-tax profit of £20.8m.
The Elland business is split into several subsidiaries looking a er urban regeneration, refurbishments and fit-outs, building management and facilities management. It employs around 220 people and builds operational facilities including distribution warehouses and offices.
It has a development arm – CDP – which has recently completed a 524,000 sq distribution centre in Wakefield for Chris Edwards’s Poundworld stores. It also recently completed a speculative Grade A office building in Queen
Street, Leeds and a 182-bed Apart Hotel in Manchester
Chris Marshall, who is 78, also has a stake in several smaller property companies.
‘The group made impressive increases in sales turnover in
IN STORE: Chris Marshall’s Marshall Holdings has been 2016.’ involved in city centre retail development in Glasgow.
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Stephen and Tom Martin £125m
2016
Position: 44= £125m
Arco is the country’s biggest supplier of safety clothing, footwear and equipment. Brothers Tom and Stephen Martin head up the Hull-based family business.
Award-winning Arco was established in 1884 and is recognised as a market leader in workplace safety and protective equipment. It is one of Hull’s largest employers, with more than 500 people working at its Waverley Street headquarters
and distribution centre. The fourth-generation company turns over around £280m a year and made a record pre-tax profit of £32.5m in 2016. It has assets of almost £70m.
Arco sells 22,000 products through a network of more than 40 outlets and also supplies companies in Africa, mainland Europe, the Middle East and Australia. More than one per cent of the company’s profits are donated to the local community and charities each year and it is an active member of Business in the Community.
Stephen Martin, 77, is non-executive vice chairman of Arco while his brother Tom, 81, is president.
Stephen, a Cambridge-educated chartered accountant, joined Tom at the family firm in 1965 as finance director. He became joint managing director, but retired from his executive role in 2003.
Tom, also a Cambridge graduate who served in the Royal Navy, joined the family firm in 1959 and was appointed life president when he retired in 2006.
Stephen is a keen birdwatcher and a member of Yorkshire Wildlife Trust. His many appointments in the Hull community have included governor of Hymers College, a trustee of Nuffield Hospitals, chair of the Holy Trinity Restoration Appeal, president of Hull Literary and Philosophy Society and a member of Hull University’s council.
Tom was founding chair of the East Riding Community Safety Partnership, Vice-Lord Lieutenant of the East Riding, a director of the Humber Forum, a chair of Beverley Town Trail and a project patron for the NSPCC. He has also served as a councillor, a governor of Humberside University and a magistrate.
FAMILY AFFAIR: Tom Martin was appointed life president of Hull-based Arco when he retired in 2006.
36 THE YORKSHIRE POST TUESDAY NOVEMBER 28 2017
www.yorkshirepost.co.uk
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