Claims direct to float

UK personal injury claims manager Claims Direct has brought forward plans for flotation by six months to July, seeking stockmarket listing above £280mn. Rapid growth has seen turnover increase sixfold to £40mn in the year to 31 March 2000, taking the company from a loss of £0.87mn to pre-tax profit £10mn. Starting up in 1995, £20mn a year advertising is now bringing in 1,500 enquiries a day, typically of the workplace, car and ‘slip and trip’ accident variety.