Invertek Drives

This Powys-based firm makes drives that control the speed of electric motors. Customers in more than 80 countries use them to improve the efficiency of industrial equipment such as cranes, elevators and ventilators. It sells a range of speed drives, all of which are designed and manufactured in the UK. Use of its devices in countries ranging from Canada to Indonesia helped boost 2018 profits to £5.5m under managing director Glyn Jones, 52.

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Company details
Year2019
Rank97
CompanyInvertek Drives
ActivityVariable frequency drives manufacturer
LocationWelshpool
Annual profit growth55.08%
Latest profits £000s5,473
Latest sales £000s35,262
Staff229
Founded1998
Websitewww.invertek.co.uk

If applicable:

* supplied by company † annualised figure