Profit Track 100

Gerry Mason set up Morson as a recruitment agency specialising in engineers and technical personnel in 1969. In January this year, he was bought out by his son, Ged, in a £55m venture capital-backed deal. The Manchester-based company has a nationwide network of 12 outlets and supplies staff to a wide range of blue-chip clients, including Rolls Royce and BP. The company’s 63% pa increase in profits, from £795,000 in 1995 to £3.5m in 1998, has been helped by the development of new, higher margin services. In addition to supplying individuals, Morson also puts together complete teams, giving them safety training and providing tools and protective clothing. Sales have grown by 28% pa between 1995 and 1998 to reach £70.6m.

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Company details
Year2000
Rank33
CompanyMorson
ActivityEngineering recruitment agency
LocationManchester
Annual profit growth63.34%
Latest profits £000s3,463
Latest sales £000s70,577
Staff80
Founded1969
Websitewww.morson.com

If applicable:

* supplied by company † annualised figure