Ultra named one of Britain's Most Admired Companies

Ultra Electronics is officially one of Britain's Most Admired Companies.

The great and good of UK plc were in attendance at Claridges in London for the awards.

Management Today's annual 'Britain's Most Admired Companies' awards are unique, because they're based on a peer review survey (conducted by Professor Mike Brown of Birmingham City Business School). So the winners aren't chosen by judges in a smoke-filled room - they're chosen by the people that know these companies best, i.e. their competitors. 

Around 70 CEOs, chairman and senior execs from the shortlisted BMAC companies gathered for the bash. Former Bank of England deputy governor Sir John Gieve provided the entertainment, with behind-the-scenes tales from Threadneedle Street.