Fast Track 100

When Haydn Williams and Jim Jones were made redundant in 1993, neither wanted to sit back and take it easy. With £5,000 of redundancy money, they founded Technocover in Welshpool to make specialist steel products, including security doors and gratings, for the water industry. They set about revolutionising the market with a range of products designed to meet tough new government standards. ‘Our break came when we spotted how government legislation was going to affect the industry. We then came up with products that met the new standards and went to clients with them,’ says Williams, managing director. The company sees the railway industry as another growth area and recently set up Technorail, a division designed to produce security products to combat vandalism. A track record of customer-inspired innovation has driven up sales 70% a year, from £638,000 in 1996 to £3.1m in 1999.

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Company details
ActivitySteel product maker
Annual sales rise over 3 years70.10%
Latest sales £000s3,140

If applicable:

* supplied by company † annualised figure