Profit Track 100

Based in Marlow, Buckinghamshire, FoundOcean is a specialist in subsea grouting – the use of concrete and sea water to stabilise pipelines, oil rigs and wind turbines. Chairman Keith Miller, 69, took the helm in 1988. Environmental investor Ambienta bought a minority stake in 2012 for an undisclosed sum. New offshore wind farms have helped the company diversify, and profits hit £3.9m in 2012.

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Company details
Year2014
Rank18
CompanyFoundOcean
ActivityOffshore grouting specialist
LocationBuckinghamshire
Annual profit growth85.46%
Latest profits £000s3,940
Latest sales £000s18,277
Staff97
Founded1966
Websitewww.foundocean.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda