Inventor Nick Grey, 48, left the vacuum cleaner maker Vax in 2001 to design his own cordless floor sweeper. Taking on established brands such as Dyson and Hoover, his company aims to develop cleaners that are not just cordless, but also lightweight and easy to use, such as its AirRam vacuum. The Worcester business also makes cordless garden tools and electric bicycles. Profits dipped to £9.2m last year because of unfavourable exchange rates, but are expected to hit £20m this year.

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Company details
ActivityAppliance manufacturer
Annual profit growth105.83%
Latest profits £000s*9,164
Latest sales £000s*91,236

If applicable:

* supplied by company † annualised figure