2011 Fast Track 100
Rank: 98 Ship Shape Resources
Claims to have spent more than £1m on the technology behind its payroll services
Founded in 2004 to provide recruitment and payroll services to companies in the construction industry, this London firm has now broadened its reach across all sectors. Between 2004 and 2009, chief executive Howard Hughes claims to have invested £10,000 a month in management technology, and since 2009 has increased this to more than £15,000. Sales grew 51% a year, from £5.8m in 2007 to £19.8m in 2010, though margins were very slim.
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Founded in 2004 to provide recruitment and payroll services to companies in the construction industry, this London firm has now broadened its reach across all sectors. Between 2004 and 2009, chief executive Howard Hughes claims to have invested £10,000 a month in management technology, and since 2009 has increased this to more than £15,000. Sales grew 51% a year, from £5.8m in 2007 to £19.8m in 2010, though margins were very slim.
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Company facts
Ship Shape Resources
Construction services provider
Company website
| Sales growth | 50.63% pa |
| 2010 sales | £19.8m |
| 2007 sales | £5.8m |
| 2010 staff | 35 |
| Founded | 2004 |
| Location of HQ | Central London |
| If applicable: * = annualised figures‡ = unaudited accounts |
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