Morris, Bennett and Woodford Group three of UK's fastest growing companies

April 14, 2005
Morris and Bennett Homes have been ranked as two of the UK's top 100 companies for profits-growth in this year's Sunday Times PricewaterhouseCoopers Profit Track 100 list, published this week. Merseyside-based Morris, one of the largest housebuilders to feature, increased its profits by an average of 51% each year since 2001, reaching £26.7 million in 2004 on annual sales approaching £150 million. Bennett Homes operations director, Edward Parker, said: "The significant rise in property prices over the past few years helped us to post a 76% annual rise in profits from £966,000 in 2000 to £5.3 million in 2003. However this was an exceptional peak time for the market and is unlikely to be repeated in the near future. We are now in a much more traditional, steadier period." Brownfield land acquisition and remediation company The Woodford Group has also made the list, reaching 13th position with 86.75% profit growth.

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