Parasense’s leak detectors are used by the US military to monitor refrigeration systems on board its naval vessels. It also sells its devices to food retailers and manufacturers to give an early warning of system breakdowns and improve fridge operation. The Gloucester company was founded in 1988 by Peter Radford, 68, and is now run by his son Dan, 40. With almost 90% of sales overseas, exports grew to £4.7m in 2015.

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Company details
Year2017
Rank32
CompanyParasense
ActivityRefrigeration monitoring system manufacturer
LocationGloucester
2 yr av intl sales growth % pa74.65%
International sales £000s4,745
Total sales £000s5,372
Staff70
Founded1988
Websitewww.parasense.co.uk

If applicable:

* Supplied by company † Annualised figure