The company comes in at number 62 on the list which was published on June 19 by the Leicester Mercury in association with Leicester Castle Business School, De Montfort University.

Although SBS has slipped one place from 2017 to 2018, the company is still growing year on year with increasing turnover and number of staff.

In 2018 a new branch opened in Newcastle, increasing the depot network to 14 which means Smith Brothers can serve and trade in England and Wales with any HVAC needs.

The Top 200 list is released annually by the Leicester Mercury and produced by a team of academics and lecturers from De Montfort University. This ranks businesses by turnover that are active, and who are not dormant, or in receivership.

For next year, SBS is expecting further growth and a higher ranking. This will be down to the inclusion of the new Newcastle branch and the company’s expectation that its turnover will reach £100 million.