Profit Track 100

Seamus McDermott, the son of an Irish building family, moved to Britain in 1992 and started his business from a spare bedroom. Thirteen years later, his company is developing eight housing schemes in the Liverpool and Manchester areas and builds more than 180 homes a year. The buoyant property market and the company’s ability to identify and exploit good sites have helped profits to rise 54% a year from £1.4m in 2000 to £5.3m in 2003.

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Company details
CompanyMcDermott Developments
Annual profit growth54.14%
Latest profits £000s5,303
Latest sales £000s17,303

If applicable:

* supplied by company † annualised figure