Profit Track 100

Surrey-based VerdErg specialises in renewable energy and subsea connectors for oil pipelines. The company is developing new technology to harvest tidal energy. Europe is its mainstay, but last year it also provided submersibles to clients in Angola and Canada. Managing director Peter Roberts, 68, led a management buyout of the business in 2005. Profits rose to £3.5m in 2013.

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Company details
Year2014
Rank40
CompanyVerdErg
ActivityPipeline connection supplier
LocationSurrey
Annual profit growth60.88%
Latest profits £000s3,553
Latest sales £000s22,977
Staff62
Founded1979
Websitewww.verderg.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda