James Quinn, Group Business Editor, The Telegraph
“Understanding how to grow is at the root of each and every successful business, big or small, and it is what binds the companies in this inspiring list”
Sustained growth is like a chimera – oft talked about, but rarely seen. It is sought after by most in business, but found by few. And even fewer know what the triggers are to deliver it. But growth is one of the, if not the, most important metrics a small business can be measured on.
Without growth, there is no sustainability of earnings. Without growth there are no earnings. Growth can be many things, and come in many different ways, but without it, a company cannot continue to survive. Not for very long in any case. Understanding how to grow is at the root of each and every successful business, big or small, and it is what binds the companies in this inspiring list of the UK’s fastest-growing ventures.
Resting on their laurels or past successes is not on the agenda for the founders and executives of these 1000 companies. Instead, they have got to where they are today – and where they will be tomorrow – by hard graft, sheer determination and a willingness to do something different. They are a varied bunch – from Monica Vinader, the jewellery maker said to be a favourite of the Duchess of Cambridge, to tonic maker Fever-Tree – but each one has growth at its core.
Although engineering and construction is by far the biggest sector represented, all business is here – from FinTech and IT to retailers and manufacturing. The geographical spread of the chosen 1000 is also stark. As a proud Lancastrian by birth I am more than pleased to say that more than half of the companies come from outside London and the South East, with 35% from the great Northern Powerhouse and the more recent Midlands Engine.
Those who have followed the 1000 Companies project for the last few years – The Telegraph has been proudly partnering London Stock Exchange Group on this since it began in 2013 – will know that it has previously featured success stories such as fashion retailer Boohoo and The Hut Group.
Lurking within this year’s list are bound to be companies that, in short order, can and will be just as, if not more, successful as such standout businesses. The Telegraph is proud to put its name to this list, and to toast those businesses that have been chosen that are already forming the lifeblood of the British economy.