Loans.co.uk

This Watford company was founded in 1997 by broker David Gowham and Steve Hayes, who previously sold double glazing door-to-door. It now claims to handle about 140,000 loan enquiries a year on behalf of lenders such as First National, iGroup and Black Horse. When staff at Loans.co.uk meet performance targets, they are rewarded with celebrity visits by the likes of Jordan. The continued boom in consumer lending, the opening of a new call centre in 2004 and higher margins on loans have helped profits at the company grow 147% a year from £917,000 in 2001 to £13.8m in 2004.

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Company details
Year2005
Rank3
CompanyLoans.co.uk
ActivityLoan broker
LocationWatford
Annual profit growth146.60%
Latest profits £000s13,750
Latest sales £000s46,082
Staff192
Founded1997
Websitewww.loans.co.uk

If applicable:

* supplied by company † annualised figure