Profit Track 100

GTS makes flexible adhesive tapes and laminated materials used in the automotive, power distribution and electronics markets. It supplies materials for electric vehicle batteries — a market expected to grow. Based in Ebbw Vale, South Wales, 90 per cent of its products are exported, mainly to Europe and the Far East. Managing director Chris Burgess, 50, oversaw profits of £3.9 million in 2019. In July 2020, Growth Capital Partners took a minority shareholding for an undisclosed sum; the investment will be used to expand capacity and increase its presence in key international markets.

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Company details
Year2021
Rank93
CompanyGTS Flexible Materials
ActivityFlexible materials manufacturer
LocationGwent
Annual profit growth36.46%
Latest profits £000s3,904
Latest sales £000s15,715
Staff74
Founded1977
Websitewww.gtsflexible.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda