Fast Track 100

David Garrett, Brian Hay and Robert Cross left their freight forwarding jobs and contributed £5,000 each to set up Cardinal Maritime in 1997. The Manchester company now moves freight between Britain and the east Mediterranean and Red Sea countries. By publishing its rates and accepting awkwardly sized cargoes, it has grown sales 102% a year from an annualised £767,000 in 1998 to £6.3m in 2001, when it had 15 staff.

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Company details
CompanyCardinal Maritime
ActivityFreight forwarder
Annual sales rise over 3 years101.74%
Latest sales £000s6,296

If applicable:

* supplied by company † annualised figure