Former international dinghy racer Roger Tushingham, 62, started his business making windsurfing sails in 1977. In 2009, joined by former UK windsurfing champion John Hibbard, 39, he expanded into paddleboarding, and the Devon company now sells inflatables, boards and accessories. The products are made in China and sold in more than 60 countries. Red Paddle raised £4m from Mobeus Equity Partners in 2015 to push international sales, and expansion into the US, Canada and Australia lifted exports to £5.7m last year.

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Company details
CompanyRed Paddle Co
ActivityWatersports equipment designer
2 yr av intl sales growth % pa55.89%
International sales £000s*5,713
Total sales £000s*9,602

If applicable:

* Supplied by company † Annualised figure