Top Track 100

It was set up by the two Wates brothers in 1897 to build houses, but the Wates Group has gone on to much bigger things, such as redeveloping the Queen’s Gallery at Buckingham Palace. Now run by a non-family member for the first time, its five divisions – ranging from an interiors outfitter to a construction contractor – recorded increased operating profits of £9m on sales of £505m in 2002, when it had 1,494 staff.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityConstruction contractor
Sales £m*505
Profit £m*9
Year endDec 02
Principal shareholdersWates family (100%)

If applicable:

* Supplied by company † Annualised figure **Estimated