Teesside firms make top 100 league table

TWO Teesside companies have made it into a national league table for top performing firms.

TWO Teesside companies have made it into a national league table for top performing firms.

Hartlepool’s Camerons Brewery and Stockton-based Reflex Vehicle Solutions are among nine Northern firms in this year’s Sunday Times PriceWaterhouseCoopers Profit Track 100.

Now in its 11th year, the listings is compiled by Oxford-based research and networking events company Fast Track and companies are ranked according to compound annual growth in profits over a three year period.

Camerons is ranked 53rd in the line-up with annual profit growth of 58.02% to £4.77m over three years.

The Lion Brewery has been established in Hartlepool for more than 150 years and has been the home to Camerons since 1865.

Camerons remains a predominantly cask ale brewer, but this year will see a significant push into the bottled export market with 20 pallets of its strongest ales heading for a Danish distributor for onward sale across Germany and Denmark.

The brewery is a 500,000 barrel capacity production site for brewing cask, keg and bottled ales and lagers.

It also has a 10 barrel brew length mini brewery on site as well as its own dedicated bottling and packaging line.

Reflex Vehicle Solutions, which has a fleet of 7,500 vehicles, was ranked 80th in the line-up.

The Preston Farm Industrial Estate company has seen a profits growth of 47% during the period from £1.3m in 2005 to £4.1m in 2008.

Taking the UK top spot was Mayday Healthcare.

The medical recruiter, which has its main office in London, saw profits rise 167% from £512,00 in 2006 to £9.7m in 2009. It has 90 staff.

The nine Northern firms in this year’s listing employ a total of 5,730 people. Profits have grown by an average of 66% to a combined total of more than £91m.

The full findings were published in The Sunday Times yesterday and at www.fasttrack.co.uk

 

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