International Track 200

SMD designs and builds remotely operated vehicles, which are mainly used in deep water conditions for surveying, trench digging and construction. Led by chief executive Andrew Hodgson, 49, the company has developed a vehicle to mine for copper and gold in water one mile deep off the coast of Papua New Guinea. This contract, as well as sales to Asia and South America, helped international sales to reach £77.8m last year.

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Company details
Year2013
Rank132
CompanySMD
ActivitySubsea engineering specialist
LocationNewcastle
2-yr av intl sales growth pa37.82%
International sales £000s*77,813
Total sales £000s*128,766
Staff495
Founded1971
Websitewww.smd.co.uk

If applicable:

* Supplied by company † Annualised figure