SME Fast Growth 50 index shines spotlight on region’s firms

This week TheBusinessDesk.com in partnership with Alexander & Co will reveal the region’s fastest-growing SME businesses.

Our comprehensive SME Fast Growth 50 list highlights the fastest growing companies across the North West region.

These businesses, which range from sectors including manufacturing, property, finance, health, retail and tech, have grown their turnover by the largest amount in recent years.

This week, we will release the names of 10 companies each day that have made the SME Fast Growth 50 list, ranking those with the highest revenue growth at the top.

John McCaffery, Tax Partner and Head of Tax at Alexander & Co

John McCaffery, Partner and Head of Tax at Alexander & Co said: “SMEs are the backbone of the  economy, and we are delighted to present the SME Fast Growth 50 list this week.

“This comprehensive list not only shows the sheer variety of businesses we have across the North West, from Greater Manchester, Cheshire, Lancashire, Merseyside and Cumbria, but also highlights the contribution these fast-growing companies are making to the region as a place to do business.

“They’re expanding, creating jobs, and bringing prosperity to the area.

“The vitality of the region’s business community means the North West remains a top location for businesses to start, scale and expand.

“We are also home to a range of industries including advanced manufacturing, life sciences, creative and media, and manufacturing, which are all booming and that is a credit to the SMEs across the region.

“The businesses in the region benefit from being supported by a strong and dynamic professional services market, which we are proud to be part of.”

The SME Fast Growth 50 list has been compiled with data from Experian.

All the businesses are private and located in the North West and have shown the largest percentage increase in turnover (up to £50m) over the last three years while also remaining profitable in each of those years.

Shelina Begum, North West editor, said: “This list demonstrates the breadth and depth of SME companies across the region and highlight’s the success of many of those firms in recent years as they have navigated through the pandemic and the economic uncertainties.

“SMEs have continued to play a key role in the continuing resurgence of the North West’s burgeoning economy.

“Everyone from the government to business leaders recognise the role, impact, and contribution SMEs make to the economy.

“And the North West region has some of the best, and the most diverse companies across the UK.

Not only are they innovating, but they’re creating jobs, and they’re also boosting local communities.

“We are delighted to have partnered with Alexander & Co this year to publish our debut SME Fast Growth 50 list.”

SME Fast Growth 50 – Rank 41-50

Rank Company Name Location Latest turnover (£m) Turnover growth
41 ECONOMY GAS Sale 7.6 125%
42 ACCIDENT CREDIT GROUP Warrington 5.1 116%
43 LANDWAY PROPERTIES Nelson 22.9 115%
44 DELTA NEU Stockport 8.8 114%
45 APEM Stockport 21.1 111%
46 GRANITE FINANCE Liverpool 34.1 110%
47 LAKELAND LEISURE ESTATES Kendal 13.6 106%
48 VET PLUS INTERNATIONAL Lytham St Annes 12.5 104%
49 CARE HOUSING ASSOCIATION Stockport 4.8 100%
50 BARRY BENNETT Bury 25.0 99%

 

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