This Liverpool company designs and manufactures high-speed rigid inflatable boats used by soldiers, police and rescue services around the world. Founded in 2002 by Benjamin Kerfoot, 43, Philip Hilbert, 39, and Andrew Phillips, 46, it makes bespoke hi-tech craft, some of which can travel under water for covert operations. It also develops ballistic protection systems. The Dutch ministry of defence is a large client and the company recently won part of a £110m, five-year contract to support and service 1,450 boats used by the British armed Forces. Turnover reached £14.4m in 2013.

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Company details
Year2014
Rank89
CompanyMarine Specialised Technology
ActivityBespoke boat designer
LocationLiverpool
Average 3 year sales growth42.91%
Latest sales £000s14,445
Staff92
Founded2002
Websitewww.mstltd.co.uk

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* supplied by company † annualised figure