International Track 200

This company’s subsidiary, Balmoral Offshore Engineering, founded in 2006 by James Milne, manufactures buoyancy, insulation and polyurethane products for the offshore oil, defence, subsea communications and oceanographic industries. Subsea buoyancy modules are made to withstand the extremes of deep-water pressure and provide lift to the steel pipes that run between the platform or vessel and the seabed. The Aberdeen-based company has benefited from increasing deep-sea exploration activity, which has driven up international sales by 82% a year, from £14.8m in 2008 to £48.8m in 2010.

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Company details
Year2011
Rank39
CompanyBalmoral Group
ActivityPolymer engineer and manufacturer
LocationAberdeen
2-yr av intl sales growth pa81.78%
International sales £000s48,824
Total sales £000s60,564
Staff315
Founded1980
Websitewww.balmoral-group.com

If applicable:

* Supplied by company † Annualised figure