View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 29, 1988


By CBR Staff Writer

P&P Plc should have a pretty tale to tell when it comes to market: the privately-held Haslingden, Lancashire company has strengthened its management with the appointment of Professor Roland Smith as non-executive chairman, and reported 1987 pre-tax profits more than doubled, on turnover up 95%. Professor Smith, veteran of the Harrods Wars which led to his demand that Lonrho Plc’s Tiny Rowland get his tanks off the professor’s lawn, moved on when the Al Fayad brothers took control of the Knightsbridge store, and is now executive chairman of British Aerospace Plc. P&P, which describes itself as the UK’s leading independent microcomputer distribution company, also reported pre-tax profits for the year to November 28 up 105% to UKP4.3m on turnover up 95% to UKP70.3m. P&P has not yet decided on a date for its planned public flotation of its shares on London’s International Stock Exchange: its merchant bank is J Henry Schroder Wagg & Co, but it has not yet appointed a broker. But when the time comes, Professor Smith’s name will be a good sturdy one for the headed notepaper.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.