Omar Group included in The Financial Times, FT 1000 and The Sunday Times, BDO Profit Track 100
Omar Group is delighted to announce, for the second year running, they have been included in two prestigious reports published in April: the Financial Times, FT 1000, a special report on the fastest growing companies in Europe, and The Sunday Times BDO Profit Track 100, a league table which ranks Britain’s private companies with the fastest-growing profits.
The FT1000 ranking was featured on the Financial Times website on Friday 6thApril and the report and listing will be published in a special supplement in The Financial Times on Monday 30thApril. Compiled in partnership with Statista, the FT1000 identifies the top 1,000, European companies with the strongest growth between the years of 2013 and 2016. The innovative and fast-growing companies included in the report are credited as being the driving force of the European economy, generating jobs and sustaining Europe’s competitiveness.
The Sunday Times BDO Profit Track 100, published in the Business section, on the Sunday Times tablet edition, and on their website on Sunday 8thApril 2018, is an annual league table, now in its 19th year, which ranks top-performing, private British companies with the fastest-growing profits over three years; Omar Group has been placed at No 50 in the listing.
As a market leading, solutions provider, designer and manufacturer to the residential park home and lodge park marketplace, Omar Group has built up its brand portfolio over recent years, and the group now encompasses five distinct and respected brands: Omar Park & Leisure Homes, Wessex Unique Lodges & Park Homes, Omar Park Development Services (OPDS), Boutique Lodges, Holidays by Omar and Omar Refurbishment Services.
The team at Omar has worked tirelessly over the years, focusing on delivering best-in-class products and best-in-class customer service. Their endeavors have certainly paid off; the group have more than trebled their sales, taking the group from a £10m business in 2010, to a business with turnover in excess of £49m in 2017/18. The business currently employs around 450 staff, an impressive increase of over 300 full time jobs since May 2011. Alongside this, a successful apprenticeship programme has been developed which is enabling a growing number of young people to enter the industry and learn a trade.
Due to demand for the group’s luxury lodges and park homes, in 2015 Omar invested in its manufacturing capability by opening a new satellite manufacturing facility in Hull. 2017 saw further significant investment with a 40,000 sq. ft. factory extension to the group’s 13½-acre production facility at its headquarters in Brandon, Suffolk.
In 2017 Omar Group announced significant investment in the business from Rutland Partners, a London-based private equity firm. The investment is being used to fund further expansion in the growing park home and lodge sector.
With production at full capacity, and demand still growing, 2018 sees the Hull production facility moving to a new 122,000 sq. ft. premises in the summer. This new facility will enable the group to fulfil their ambitious growth strategy and will see staff numbers employed in Hull increase from 50 to 170.
In recognition of their exceptional growth, in both 2016 and 2017, Omar Group was named in two prestigious reports by the London Stock Exchange Group; 1,000 Companies to Inspire Britain, a report which listed the 1000 most dynamic and fastest-growing small and medium-sized companies in Britain, and 1,000 Companies to Inspire Europe, a report which listed the 1000 most dynamic and fastest-growing small and medium-sized companies in Europe.
Omar Group Chairman & Chief Executive, Dean Westmoreland commented: “We’re really proud to be included, for the second year running, in both The Financial Times FT 1000 and The Sunday Times BDO Profit Track 100. The team here at Omar Group have worked so hard over the past eight years to drive the business to new heights. I am immensely proud of what we have achieved together. To be included in two such prestigious reports is an enormous achievement and testimony to the hard work and dedication of our team.”