Profit Track 100

The unrelenting demand for new homes in Britain has led developers to look at land that was once considered unsuitable. Founded in 1993 by the geologist Stephen Daubney, the Woodford Group specialises in turning brownfield sites in northern England and the Midlands into viable development areas. It buys contaminated land and uses its team of engineers and scientists to clean it by removing harmful substances. The usable land is then sold to companies such as Wimpey. Careful acquisition of land has helped to boost profits by 87% a year from £1.2m in 2001 to an annualised £7.6m in 2004.

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Company details
CompanyWoodford Group
ActivityBrownfield land developer
Annual profit growth86.75%
Latest profits £000s†7,605
Latest sales £000s†33,096

If applicable:

* supplied by company † annualised figure