Enterprise Finance sees recognition for record sales

The league table ranks Britain’s 100 private companies with the fastest-growing sales over their latest three years and Enra Group placed 22nd in the latest iteration, up 20 spots from last year’s position.
 
It also comes a year after Enra was named the 15th fastest-growing company in the UK by the Sunday Times Profit Track 100, which recognises the companies with the fastest-growing profits.

The specialist secured finance provider announced an operating profit of almost £9m on a pro-forma basis for 2014 and sales grew to an annualised £16.2m, representing growth of over 90% on the previous year.

Danny Waters, Group Chief Executive of Enra, said:  

“With the Enterprise Finance Secured Loan Index showing that the second charge mortgage market is almost a £1bn-a-year industry now and the profile of the products only set to increase once the EU Mortgage Credit Directive is implemented in May, demand is only set to rise. Our priority remains helping intermediaries and their clients find the most suitable financial product for their borrowing needs, but this is the cherry on the cake and benefits the reputation of the sector as a whole.”