Direct Healthcare Group, a provider of pressure care products, has ranked first in the 2021 Sunday Times BDO Profit Track 100, an annual list of private companies with the fastest growing profits over the last three years.
The news comes after a landmark year for the Welsh company, which has trebled its sales, made four acquisitions and, in the first stages of the pandemic, secured five months’ worth of orders in two weeks, supplying the new NHS Nightingale hospitals.
According to the Sunday Times, Direct Healthcare’s exports rocketed to an annualised £27.6 million to December 2020, up from £3.1 million in 2019, and total sales hit an annualised £61.7 million. This helped profits rise to £7.1 million, having grown by an average of 133% a year since 2017.
The firm’s inclusion in The Sunday Times list, which can be viewed here, is considered highly prestigious, with previous top ranked companies in the list including some of the UK’s biggest brands and retailers.
Particular recognition has been given to the important contribution that Direct Healthcare Group, and other companies on the list, have made to the UK and international markets during the pandemic.
Graham Ewart (pictured), CEO of Direct Healthcare Group, said: “It is with great pride that Direct Healthcare Group have been ranked as the number one company in this year’s BDO Profit Track 100. I’m extremely happy that the hard work and dedication from all at Direct Healthcare Group has been recognised on such a large scale.
“DHG remain firmly committed to designing and manufacturing medical devices that truly make a difference to those who suffer poor health as a result of reduced mobility.”
Direct Healthcare operates a 100,000ft2 factory in Caerphilly and smaller facilities in Halifax and Romsey, Hampshire.
Its six brands produce equipment and devices to aid patient mobility, such as pressure-relieving mattresses, cushions and lifting aids.