For safe electrical connections between wires, the insulating plastic surrounding the conductive metal must be removed cleanly and accurately. Chief executive Paul Taylor, 47, spotted a gap in the market for the stripping of delicate wires, such as those used in hi-tech medical devices, and developed a machine capable of stripping even the finest wires using lasers — a task usually done by hand under a microscope. The Pontypridd firm launched in 2011, and in 2017, saw international sales of its machines increase almost fivefold, hitting £5m.

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Company details
Year2019
Rank11
CompanyLaser Wire Solutions
ActivityLaser wire-stripping machinery
LocationPontypridd
2 yr av intl sales growth % pa180.78%
International sales £000s*5,006
Total sales £000s*5,114
Staff26
Founded2011
Websitewww.laserwiresolutions.com

If applicable:

* Supplied by company † Annualised figure