Newcastle’s SMD designs and builds remotely operated vehicles used in deep water for surveying, trench digging and construction. Under chief executive Andrew Hodgson, 49 – and driven by demand in Asia and South America – sales hit £128.8m last year.

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Company details
Year2013
Rank87
CompanySMD
ActivitySubsea engineering specialist
LocationNewcastle
Average 3 year sales growth43.84%
Latest sales £000s*128,757
Staff495
Founded1971
Websitewww.smd.co.uk

If applicable:

* supplied by company † annualised figure