Profit Track 100

Morgan Marine makes modular buildings from steel and glass-reinforced polymer for clients in the water, energy, telecoms and rail sectors. Managing director Martyn Ingram-Jones, 50, ran the business for its founding family before buying them out in 2003, and last year oversaw profits of £3.8m. The workforce has risen by three-quarters to 238 since 2010, and last December the company received £100,000 from the Wales Economic Growth Fund to expand its Carmarthenshire headquarters.

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Company details
Year2014
Rank46
CompanyMorgan Marine
ActivityModular building engineer
LocationCarmarthenshire
Annual profit growth58.66%
Latest profits £000s3,777
Latest sales £000s17,573
Staff238
Founded2006
Websitewww.morgan-marine.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda