Founder Brendan Flood specialises in buying, developing and managing shopping centres and mixed-use schemes in England and Wales, ideally pre-letting space to “anchor customers” such as Marks & Spencer and Debenhams. It tries to do as much as it can in-house: its Shoppertainment subsidiary organises attractions such as music events and fashion shows to increase visitor numbers to shopping centres; Modus Asset Management deals with tenants and leases; while Modus Private Equity introduces wealthy individuals to companies seeking investment of between £2m and £10m. This strategy has helped profits grow 91% a year, from £1.2m in 2004 to £8.1m in 2007.

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Company details
Year2008
Rank8
CompanyModus
ActivityProperty developer and investor
LocationManchester
Annual profit growth91.21%
Latest profits £000s8,136
Latest sales £000s44,047
Staff168
Founded1991
Websitewww.modusproperties.co.uk

If applicable:

* supplied by company † annualised figure