Profit Track 100

Founded in 1971, this Swindon-based pharmaceutical manufacturer and packager has seen a revival since its rescue from near-bankruptcy in 2009 by managing director Martin Tedham, 58. An apprentice at the company in his youth, Tedham founded and sold his own pharma packaging firm before acquiring a majority stake in Wasdell. The company shipped its products to 47 countries in 2018, and in the year to April, continued successful integration of acquisitions Vineham Engineering and Qualiti helped profits reach £9.1m.

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Company details
CompanyWasdell Group
ActivityOutsourced pharmaceutical services
Annual profit growth60.96%
Latest profits £000s9,126
Latest sales £000s41,148

If applicable:

* supplied by company † annualised figure