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Growth of 151% puts firm in top 20 of fast list.

An engineering contractor from Swansea is one of three companies from Wales to make this year's league table of the UK's fastest growing companies.

The Sunday Times Virgin Fast Track 100 is an influential guide to the fastest-growing private companies in Britain.

At the top of this year's rankings is London-based payroll services provider, Actinium, for achieving an annual sales growth of 282.8% over the last three year.

Swansea-based Dawnus Construction is ranked 14th, after seeing revenues mushroom from pounds 2m in 2002 to pounds 30.9m last year - an annual growth rate of 151%.

Dawnus was set up by managing director Robert Jones and five colleagues in 2002 after Taylor Woodrow closed its civil engineering division.

Managing director Mr Jones said, 'We are delighted to be recognised on a national level alongside some of the UK's top companies.

'Our rise in profit last year is down to the dedication of our staff and the opening of our regional offices in Bangor and Exeter.

'This ranking shows Dawnus' potential in a highly competitive construction industry and our commitment to future growth.'

The second-highest ranked Welsh company is Chepstow-based telecoms systems integrator Redbridge. Co- founded by Mark Bruce the company's sales have grown by 73% a year from pounds 2m in 2003 to pounds 10.5m in 2006.

Ranked 81st is electrical contractor NWP Electrical which has its headquarters in Conwy. Founded by former engineer David Miller and now run by managing director Tim Keynes, NWP has grown sales 71% a year from pounds 2m in 2002 to pounds 9.8m in 2005. Nearly half of its sales come from the installation of low voltage electrical and heating systems in small factories and schools.

Some 39 of the Fast Track 100 firms are based in London. Scotland has three companies.
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Title Annotation:Business
Publication:Western Mail (Cardiff, Wales)
Article Type:Company rankings
Geographic Code:4EUUK
Date:Dec 4, 2006
Words:300
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