Highfield Group

Highfield Group claims to be the largest privately-owned residential care company in the UK. Led by chief executive Martin Joyce, it is also the largest employer on the list, directly employing 3,200 people. Focusing on the lower end of the market, many of the elderly and physically disabled people it cares for are subsidised by the government. It attributes success to the fact that instead of converting older buildings, the Edinburgh-based company custom builds facilities to suit the needs of its patients. Growth from 1994 sales of £4.2m to 1997 sales of £29.1m is due primarily to acquisition. Owned 52% by venture capitalists Apax, it owns and operates 68 facilities across Britain. 1998 sales are expected to reach £45m, increasing employees to 4,000. Highfield is considering an IPO in the next two years.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year1998
Rank35
CompanyHighfield Group
ActivityNursing home operator
LocationEdinburgh
Annual sales rise over 3 years90.57%
Latest sales £000s29,104
Staff3,228
Founded1986

If applicable:

* supplied by company † annualised figure