10December2018

Hot News:
You are here: Home Latest news Latest news stories All News Business News Twenty Companies In The Southeast Win Places On League Table Of Britain’s Fastest-Growing Private Companies
05 December 2018

Twenty Companies In The Southeast Win Places On League Table Of Britain’s Fastest-Growing Private Companies

Published this weekend, the 22nd annual Sunday Times Virgin Atlantic Fast Track 100 league table ranks Britain's private companies with the fastest-growing sales.

The 20 companies headquartered in the southeast (compared to 16 last year) include 17 new entrants to the league table. Their sales have grown by an average of 69% a year over three years to a total of £639.5m, and together they employ more than 2,200 people.

The region's top-ranked company is beauty products retailer Revolution Beauty, which makes its debut in the top 3 nationally. Based in Queenborough, Kent, its celebrity fans include US TV star Khloe Kardashian - who praised one of its £3 highlighters. Launched in 2014, its sales over the past three years have grown by an average of 153% a year, reaching £71.8m last year.

The other new entrants include Brighton-based retail leisure developer Boxpark. Set up by serial entrepreneur Roger Wade, its Croydon site played host to rapper Stormzy last year, who launched his Gang Signs and Prayer album there. It grew sales to £8.4m in the year to April. It is backed by Sir Charles Dunstone, who appeared on the first Fast Track 100 league table with Carphone Warehouse in 1997.

The companies in the southeast appear with businesses from around Britain, including burger chain Five Guys, beauty products retailer Charlotte Tilbury Beauty, and brewer BrewDog, which was valued at £1bn last year. Past stars include chip designer ARM, which featured in 1997 with sales of £17m, floated and was acquired by Japan's SoftBank in 2016 for £24bn; and mixer drinks maker Fever-Tree, which floated in 2014 at £154m and is now worth £2.6bn.

The Fast Track 100 is sponsored by Virgin Atlantic, Barclays, BDO, BGF and N+1 Singer, and is compiled by Fast Track, the Oxford-based research and networking events firm.

Sir Richard Branson, founder of Virgin Atlantic and Virgin Group, which has supported Fast Track 100 for all 22 years, commented:

"Entrepreneurs are the lifeblood of UK business and have always been the beating heart of positive change. In a climate of uncertainty, it's more important than ever to recognise those entrepreneurs, like those of this year's Fast Track 100, who are making the world a better place for everybody."

Private companies in the southeast with the fastest-growing sales – ordered by county

‡ Financial year end of latest available accounts         * Supplied by company

 

HQ location and county

Rank

[2017 rank]

Company

Activity

Annual sales growth over 3 years

Sales £m

Staff

Year end

Comment

Reading,

Berkshire

26

HalalBooking.com

Specialist online travel agency

90%

*10.1

36

Dec 17

More than 80% of its turnover is generated from bookings made by overseas customers

Aldermaston,

Berkshire

37

TravelUp

Travel agency

75%

77.3

74

Mar 18

Its websites receive 20,000 visits a day, up 65% on last year

High Wycombe,

Buckinghamshire

14

Ridgepoint Homes

Housebuilder and developer

125%

34.6

21

Dec 17

Is creating 135 family homes adjacent to the Grand Union Canal in Aylesbury, Buckinghamshire

Milton Keynes,

Buckinghamshire

32

[18]

Wed2b

Wedding dress retailer

82%

*18.4

418

Jul 18

Its wedding dresses range in price from £99 to £699

Brighton,

East Sussex

36

Boxpark

Retail leisure developer

76%

*8.4

48

Apr 18

Grime artist Stormzy launched his 2017 album Gang Signs and Prayer at Boxpark Croydon

Polegate,

East Sussex

78

Agon Systems

Security tagging manufacturer

51%

*6.6

19

Sep 18

Its client JD Sports recorded a 66% reduction in shoplifting in stores where its tags are used

Brentwood,

Essex

60

Matchroom Sport

Sporting events promoter

59%

*137.2

85

Jun 18

This year its high-profile boxing matches have included Joshua v Povetkin, held at Wembley in September

Southend-on-Sea,

Essex

63

Ventrica

Outsourced contact centre operator

58%

9.4

354

Oct 17

Provides online customer service for Jimmy Choo, New Look and Ugg Australia

Romsey,

Hampshire

74

Highwood Group

Construction contractor and developer

54%

37.8

42

Feb 18

Is developing 750 homes at North Stoneham Park in Hampshire

Hertford,

Hertfordshire

66

Smyle

Creative agency

56%

*26.9

65

Mar 18

Its projects have included the Ryder Cup opening ceremony in 2010, 2014 and 2018

Watford,

Hertfordshire

72

ES Broadcast

Broadcast equipment supplier

55%

*21.4

28

Jun 18

Plans to open a US office as part of its North American expansion plans

Hemel Hempstead,

Hertfordshire

90

[73]

Vanarama

Vehicle leasing broker

48%

61.0

197

Dec 17

Founder came up with its catchy jingle after hearing the hymn Sing Hosanna at a wedding

Queenborough,

Kent

In
top 3

Revolution Beauty

Beauty products retailer

153%

71.8

94

Dec 17

Has a range of cruelty-free beauty and cosmetic products starting at just £1

Erith,

Kent

87

ARB Recycling

Charity sector recycler

48%

*8.2

74

Jun 18

Its collection drivers cover the equivalent of four journeys to the moon and back each year

Oxford,

Oxfordshire

20

Oxford Summer Courses

Educational course provider

104%

*8.1

26

Sep 18

Runs courses for overseas students across Cambridge, London, Stanford and Bangalore

Camberley,

Surrey

93

Cinos

Audio visual integrator

47%

10.3

49

Oct 17

Has delivered systems for command and control rooms in Singapore, America, the Middle East and the UK

Guildford,

Surrey

99

[60]

Giggling Squid

Thai restaurant chain

46%

*23.7

492

Mar 18

Last March it found £20,000 of fine wine stashed in a secret cellar by previous owners of its Windsor site

Haywards Heath,

West Sussex

76

AYMES

Nutritional supplement developer

52%

*6.4

23

Mar 18

Says its entry into the market has saved the NHS £40m

Lancing,

West Sussex

80

Fizz Creations

Novelty items wholesaler

50%

*14.1

44

Jan 18

Started out as a way to make use of surplus warehouse space at another of the owners’ businesses

Billingshurst,

West Sussex

82

Thakeham Group

Housebuilder and construction contractor

50%

*47.6

13

Sep 17

Has more than 200 new homes under construction across southeast England

The national picture

This year's Fast Track 100 achieved, on average, sales growth of 78% a year over three years to a total of £3.1bn. Together they employ 16,900 staff, having added 12,200 jobs over the period.

The dominant region for company HQs is London (34), followed by the southeast (20). Of the remainder, 12 companies are based in the Midlands, 8 in the northeast and Yorkshire, 8 in the northwest, five in the southwest, four each in the East of England and Northern Ireland, three in Wales and two in Scotland.

The full league table is published on 2 December as a 10-page supplement with the business section of The Sunday Times both in print and in the digital edition, and on www.fasttrack.co.uk.



Login to post comments

Want to use our news streams?

  • If you would like to embed our news stream on your own site there are two ways of accomplishing this.

    Read more...