For safe electrical connections between wires, the insulating plastic surrounding the conductive metal must be removed cleanly and accurately. In 2011 chief executive Paul Taylor, 46, spotted a gap in the market for the stripping of delicate wires, such as those used in hi-tech medical devices. Using a small grant from the Welsh government, he developed a machine capable of stripping even the finest wires using laser beam pulses — a task usually done by hand under a microscope. Sales of the Pontypridd firm’s machines more than trebled to £5.1m last year, with clients ranging from medical device manufacturers to space agencies.

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Company details
Year2018
Rank12
CompanyLaser Wire Solutions
ActivityLaser wire-stripping machinery
LocationPontypridd
Average 3 year sales growth173.41%
Latest sales £000s*5,114
Staff26
Founded2011
Websitewww.laserwiresolutions.com

If applicable:

* supplied by company † annualised figure