Fast Track 100

This Coventry company has harnessed the power of natural heat to produce its energy-efficient heating and cooling systems. It designs pumps that use ground heat and installs them into homes and buildings for clients that include B&Q, Unilever and the NHS. The company was founded by Brian Davidson in 2000 and, last April, Scottish and Southern Energy took a 20% stake in a deal that valued the business at £75m. Increased government incentives for energy-efficient systems have helped Geothermal’s sales grow 86% a year from £2m in 2005 to £12.8m in 2008.

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Company details
Year2008
Rank41
CompanyGeothermal International
ActivityRenewable energy supplier
LocationCoventry
Annual sales rise over 3 years85.81%
Latest sales £000s*12,796
Staff70
Founded2002
Websitewww.geothermalint.co.uk

If applicable:

* supplied by company † annualised figure