Fast Track 100

The recent boom in home improvements may have helped New Heights even though its products are aimed at the higher end of the market. The company eschews self-assembly and sells only ready-made furniture in a choice of woods such as walnut, oak, cherry and maple, with natural fabrics and upholstery. It has a network of 11 stores and plans to open a further four next year. Gareth Williams, an investment banker, founded the company in 1999 with two friends from Oxford University, Toby Ash and Richard Hepworth. Its sales have grown 116% a year from an annualised £651,000 in 2000 to £6.5m in 2003.

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Company details
Year2004
Rank28
CompanyNew Heights
ActivityFurniture retailer
LocationNW London
Annual sales rise over 3 years115.60%
Latest sales £000s6,519
Staff54
Founded1999
Websitewww.new-heights.co.uk

If applicable:

* supplied by company † annualised figure