Record-breaking high for Pricecheck

Family-run wholesaler and brand distributor Pricecheck has reported a record-breaking year, quarter and month for company revenue, all in the same week

The hat trick of success includes generating £151m in turnover for the 2023/24 financial period, achieving double-digit growth of 15% on the previous year. Sales for the final quarter reached £44m, 22% higher than the same period last year.

Pricecheck also recorded its biggest month ever in April with revenue of £17.2m – a figure that once represented the company’s annual turnover 16 years ago, when brother and sister duo, Mark Lythe and Debbie Harrison, took over the business from their parents.

This is the tenth consecutive year of growth for the Sheffield-based business, which it attributes to expanding its services. While delivered wholesale remains the biggest contributor to turnover, the launch of new supplier partnerships and an increase in digital sales and developments within its brand distribution division have driven Pricecheck forward.

Debbie Harrison OBE, joint managing director said: “It’s been a very busy year and we’re delighted to have ended 2023/24 stronger than ever. Our team have embraced all new opportunities whilst not forgetting our core business and this is reflected in the results.

“To hit growth targets consistently for a decade is no easy task. But the Pricecheck team love a challenge! In the past 10 years, we’ve diversified from a delivered wholesaler across toiletries and household into a multi-category, multi-channel brand distributor.

“With a focus on improving efficiencies, innovation and people development – I’m excited to see what we can achieve in the year ahead!”

Debbie Harrison Pricecheck