The London Stock Exchange has launched the second edition of its “1,000 companies to inspire Britain” report, identifying the fastest-growing and most dynamic SMEs in the UK.
The research paints a vibrant picture of the British economy, and comparing this year’s report to last year’s offers insight into how UK plc is evolving.
Recruiters have increased by 100 per cent – from 25 to 50 – showing how the UK’s economic recovery is based on job creation. More than 25 per cent of the companies are from the manufacturing, construction and engineering sectors.
Household names that made the 1,000 companies include Aspall Cyder, Brewdog, Brompton Bicycles, Cath Kidston, Itsu, Metro Bank, Notonthehighstreet.com, Patisserie Valerie, Plusnet, Rapha Cycling, Sofa.com, Wahaca and Zoopla.
Other key 2015 trends identified among the 1,000 companies are:
- The UK’s digital revolution highlighted with IT the top performing sector – average annual revenue growth (2010-14) of 350 per cent
- 75 per cent of the 1000 firms from outside London
- Scotland, Northern Ireland and Wales see 30 per cent rise in number of companies included
- 147 companies included in list for second time
To identify the 1,000 companies, company data and due diligence company DueDil blended P&L performance indicators, balance sheet analysis and credit health checking.
The report has received cross-party support from leading politicians including Chancellor George Osborne, Business Secretary Vince Cable and Shadow Business Secretary Chuka Umunna.
“These 1,000 exemplary businesses show how SMEs punch above their weight, more than doubling their revenue over the past four years to deliver growth and create jobs across the UK,” said Vince Cable, launching the report.
Stand-out cities and regions:
- 235 companies from Greater London
- 140 from the South East
- 98 from East of England
- 88 from the West Midlands
- 86 from the North West
- 76 from Scotland
- 75 from Yorkshire & The Humber
- 32 from Greater Manchester
- 29 from Essex
- 23 from Aberdeenshire
- Average annual growth of IT sector, 350 per cent
- Average annual growth of retail sector, 250 per cent
- 123 manufacturing companies included
- 87 construction firms included
- 63 companies from the food & beverage sector
“I’m delighted that a strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies has been created to support these inspiring businesses,” comments Xavier Rolet, chief executive of the London Stock Exchange Group.
You can read the whole LSE report – and browse through the full list of 1,000 companies – here.
It is a good complement to Real Business’s own list of disruptors, the Everline Future 50, and there is significant crossover in companies between the two lists. The Future 50, unveiled last week. which looks at the 50 companies that are breaking down barriers, creating innovative products and disrupting previously stagnant industries.
Find out more more and read about the Everline Future 50 here:
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