Wraith Accommodation

This firm supplies portable accommodation for temporary office or classroom space, and has more than 4,000 units for hire. In 1999 the serial entrepreneur David Wraith joined the company, which was founded by his son Jonathan. Wraith announced plans to list on the Alternative Investment Market last year but has delayed the float because market conditions are poor. In the meantime the Lincoln company is raising capital from outside investors to fund future growth. Its sales grew by more than 108% a year from £826,000 in 1999 to £7.5m in 2002.

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Company details
Year2003
Rank17
CompanyWraith Accommodation
ActivityPortable housing provider
LocationLincoln
Annual sales rise over 3 years108.45%
Latest sales £000s7,483
Staff52
Founded1997
Websitewww.wraith.co.uk

If applicable:

* supplied by company † annualised figure