Eleven North West companies have staked their place on an elite league table of Britain’s fastest-growing private companies.
The Sunday Times Virgin Fast Track 100 league table ranks Britain’s private companies with the fastest-growing sales.
The 11 companies headquartered in the North West, compared to 13 last year, include five new entrants to the league table.
Their sales have grown by an average of 71% a year over three years to a total of £755m, and together they employ 3,250 people.
The new entrants include Burnley Football Club, whose sales tripled to £120m in 2017 after a return to the Premier League, and Carlisle-based Story Homes, which completed more than 800 new houses in 2017, up 42% on the previous year, boosting sales to £173.8m.
The Fast Track 100 is sponsored by Virgin, Barclays, BDO, BGF and Virgin Media Business, and is compiled by Fast Track, the Oxford-based research and networking events firm.
Sir Richard Branson of Virgin, the title sponsor for all 21 years, said: “Entrepreneurs are the lifeblood of the economy; driving innovation, creating jobs and challenging industry norms. The achievements of the companies on this year’s Fast Track 100 list are fantastic. It’s clear over the coming years UK business will have to adapt to different conditions and we must do all we can to support our entrepreneurs – who will be the engines of growth for Britain.”
Original story: thebusinessdesk