Gloucester-based Advanced Insulation has, for a second time in six months, been placed on a Sunday Times Track listing, this time ranked 58th on the sixth annual Sunday Times HSBC International Track 200.
Commenting for Advanced Insulation – a leading manufacturer of passive fire protection systems and insulation materials for the upstream oil and gas industry – Group Marketing Manager Matt Collins says: “This is our second appearance on a Sunday Times Track league table in 2015 and we are delighted to be joined on this listing by 12 other companies from the South West region as well as other oil and gas sector businesses including Mech-Tool Engineering and ICR Integrity.”
Measured over its latest two years of available accounts, Sunday Times HSBC International Track 200 listing ranks Britain's mid-market private companies with the fastest-growing international sales and is an expansion of the International Track 100 league table. Advanced Insulation made this latest list with overseas sales more than doubling to £35m in the two years to 2014, boosted by growth in Korea, Angola and Brazil.
Commenting for HSBC, UK head of corporate banking Amanda Murphy says: “The Sunday Times HSBC International Track 200 is a great reflection of the value of building connections overseas. The world is getting smaller, and international business relationships are easier to build, providing ambitious businesses with many more opportunities to grow. I'm delighted to see so many great British mid-sized firms making such a strong impression on the world stage."
To find out more about Advanced Insulation’s products and service, visit www.aisplc.com, email info@aisplc.com or call +44 (0)1452 880880.
Gloucester, UK – April 2015 – Gloucester-based Advanced Insulation – a leading manufacturer of technical and insulation materials for the upstream oil and gas industry; and specialist in the design, engineering and manufacture of polymer solutions for the marine and offshore sectors – is delighted to announce that its has been placed at number 89 in the Sunday Times BDO Profit Track 100.
The list, which ranks Britain’s private companies with the fastest-growing profits over the last three years, is now in its 16th year and is published with the Business section and in the Sunday Times digital edition.
Commenting for Advanced Insulation, group marketing manager Matt Collins says: “This is our second appearance on the Sunday Times BDO Profit Track 100 league table in as many years and, once again, we are delighted to be acknowledged by such a prestigious organisation. Our entry onto the list places us amongst some absolute greats from British manufacturing to be recognised in recent years, including JCB, the Unipart Group and Centek.”
Advanced Insulation made the list with an annual profit growth of 45% over three years and is one of six companies from the South West region to be ranked in this year’s Sunday Times BDO Profit Track 100; with the combined profits of all six totalling £48m and collectively employing over 800 staff.
Andrea Bishop, partner and head of the South West at BDO, the title sponsor of the league table, commented on the region’s success stories by saying: “Medium-sized businesses in the South West and across the UK are thriving. Our newly-named ‘Brittelstand’ has outgrown the German ‘Mittelstand’ with mid-market businesses across all sectors seizing the opportunities a growing economy presents. The southwest’s most profitable companies have remained focused on sustainable growth by making intelligent investment decisions in innovation and overseas expansion.”
To find out more about Advanced Insulation’s products and service, visit www.aisplc.com, email info@aisplc.com or call +44 (0)1452 880880.
