Yorkshire companies make Investec top 100

Yorkshire companies have earned a place in this year’s Investec Hot 100 report.

Moortown Construction in Bradford was ranked at number 39, Boost Drinks in Leeds at 76, York-based Minster Law Group came in at 75 and Sinemaster Motor Factors in Sheffield was placed at 91.

Conducted by magazine for entrepreneurs and SMEs, Real Business, the report, now in its 15th year, is an established and rigorous analysis of the UK’s fastest-growing mid-sized private companies.

The companies that make up the Investec Hot 100 have collectively achieved an average compound annual growth rate of 43% over the past four years and an average turnover of almost £142m in their last financial year. A wide cross section of industry sectors are represented in the Investec Hot 100 overall. As in previous years, IT services, technology and telecoms companies represent the largest sector of the Investec Hot 100, at 15%.
 
Furthermore, the 2013 Investec Hot 100 highlights the increasing disappearance of traditional high-street retailers from among the UK’s high-growth businesses, being replaced by a new generation of online retailers.
 
Ed Cottrell of Investec, said: “This year’s Investec Hot 100 clearly demonstrates the strength and breadth of entrepreneurial activity and business growth from companies that will continue to be the growth engine of the UK economy for many years to come. It is hugely encouraging to see growth coming from all corners of the UK.
 
“Critically, in a year where we have begun to see some green shoots of recovery, we have seen a less austere Investec Hot 100 this year; a move away from more defensive industries such as gold traders and discount retailers that dominated the list in 2012 towards growth-oriented sectors and perhaps the more finer things in life?”
 
Matthew Rock, co-founder of Real Business, the, said: “The 2013 Investec Hot 100 shows where current and future business opportunities lie. The fact that a third of companies listed were also in the 2012 list demonstrates that it is possible to achieve sustainable growth in the UK. These companies are keeping themselves relevant in an ever-changing marketplace. Most of all, they never lose sight of their customers, their marketplace and their own people.”