Omar Group recognised in the Financial Times, FT Future 100 UK
Omar Group is delighted to announce that further to being selected earlier this year for the Financial Times FT 1000, a special report on the fastest growing companies in Europe, they have now also been recognised in the Financial Times, FT Future 100 UK.
The FT Future 100 UK has been compiled to include high performance businesses that put emphasis on environmental and social parameters; companies that can be attributed to shaping their industry and contributing to society and the community. Companies listed in this special report are independently researched and selected by a panel which includes the Financial Times, Mishcon de Reya and Statista. The report was published in the Financial Times and on their website FT.com on 24th September.
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 Omar team has worked tirelessly over the years, focusing on delivering best-in-class products and best-in-class customer service. Group sales have more than trebled, taking the group from a £9m business in 2010, to a business with turnover in excess of £50m.
As an integral part of the local community, Omar is the largest employer in Brandon, Suffolk where the group’s head office, main manufacturing facility and showground is based. The company currently employs around 450 staff, an impressive increase of over 300 full time jobs since May 2011. Providing opportunities for young people is important to Omar and apprentices study and learn at the coalface as well as at college, across a broad spectrum of trades; the group has offered over 30 apprenticeships over the past five years.
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 has seen the Hull production facility move to a new 122,000 sq. ft. premises. 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 2017 and 2018, Omar Group was named in The Sunday Times BDO Profit Track 100, a league table which ranks Britain’s private companies with the fastest-growing profits. Omar Group has also been included in reports by the London Stock Exchange Group - 1,000 Companies to Inspire Britain and 1,000 Companies to Inspire Europe; reports which list the 1000 most dynamic and fastest-growing small and medium-sized companies in Britain and Europe.
Dean Westmoreland, Omar Group Chairman & Chief Executive commented: “We’re incredibly proud of what we’ve achieved as a team here at Omar; the team, across all functions, have been critical in the group’s success. Omar is a performing business, built upon an open and honest philosophy, strong business ethics and teamwork. Customers recognise us for our outstanding products, innovative design, build quality and market-leading customer service. We’re dedicated to sustained improvement and take pride in striving to be the best that we can in all that we do. To have achieved such an accolade is testimony to the dedication and hard work of each and everyone one of our staff.”
To see the listing, visit www.ft.com/reports/ft-future-100-uk.