47= PANNA MASHRU & FAMILY
Cash & Carry 2018: £60m New entry
Millennium Cash & Carry started trading from an original branch in Barking. Today the Thurrock-based group has a cash and carry division and a wholesale branch operating from its 120,000 sq ft warehouse. A family business, it supplies branded groceries and drinks to UK wholesalers and retailers, and exports to Europe, Africa and the UAE. It is owned by former director Panna Mashru and family. In 2016-17 Millennium made £5.8m profit on nearly £121m turnover. With a solid balance sheet and £20.5 net assets, it is a £52m operation. Mashru also owns a property operation with £8m net assets in 2016-17.