Profit Track 100

Aberdeen-based Saltire Energy supplies drilling tools to the global offshore oil and gas sector. Founded in 1986, about 60% of its business is international, and in 2012 it expanded its presence in Africa and Norway by buying the business and assets of rental equipment supplier OMM. The group invested £11m last year to expand its inventory, and under chief executive and owner Mike Loggie, 69, profits rose to £19.1m in 2013.

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Company details
Year2014
Rank65
CompanySaltire Energy
ActivityOil drilling equipment provider
LocationAberdeen
Annual profit growth50.89%
Latest profits £000s19,073
Latest sales £000s32,993
Staff52
Founded1986
Websitewww.saltire-energy.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda