Uriah Westwood plc is an advertising agency operating from rented offices in the West End of London. Ulverstone Thunderbird plc is a company engaged in heavy engineering. It owns all its own plant and equipment and a small factory sitei n the north of England. Both companies have recently reported sales in the region of £10 million. The fixed asset turnover ratio for one of the companies is 1.14 and for the other is 10.62.

From the brief descriptions given, which of the two companies is more likely to have the higher fixed asset turnover ratio?