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1000 1000 COMPANIES TO INSPIRE 1000 COMPANIES TO INSPIRE 2017 BRITAIN BRITAIN 2017 Our sponsors www.1000companies.com Contents London Stock Exchange Group Editorial Board Forewords 83 Liz Cameron OBE Alexandra Ritterman (Press Officer); Lauren Crawley-Moore (Marketing Manager) 5 Xavier Rolet KBE Director and Chief Executive, Scottish CEO, London Stock Exchange Group Chambers of Commerce Wardour 9 Stephen Welton 84 Tim Hames Led by Claire Oldfield (Managing Director) and Ben Barrett (Creative Director) CEO, Business Growth Fund Director General, British Private Equity & Venture Capital Association The team included: Lynn Jones (Art Director); Lawrence Cohen (Editor) and Wardour editorial; 11 Jim Durkin CEO, Cenkos 94 Gerard Grech Charlotte Tapp (Project Director); John Faulkner and Jack Morgan (Production) CEO, Tech City UK Wardour, Drury House, 34–43 Russell Street, London WC2B 5HA, United Kingdom 14 Ian Stuart UK and European Head of Commercial 95 Carolyn Fairbairn +44 (0)20 7010 0999 www.wardour.co.uk Banking, HSBC UK Director-General, CBI 16 James Quinn 105 Irene Graham Group Business Editor, The Telegraph CEO, ScaleUp Institute 17 Justin Fitzpatrick 113 Tim Ward Co-founder and COO, DueDil CEO, Quoted Companies Alliance Pictures: Getty Images, Alamy, iStock All other pictures used by permission Research findings Sectors 24 Creative Industries Cover illustration: Ben Fearnley 18 Crunching the numbers Why Creature of London is harnessing Printed by Graphius on FSC certified material 20 1000 companies: UK snapshot the power of intelligent misbehaviour 34 Food & Drink Sponsored features Belvoir Fruit Farm’s refreshing approach 32 HSBC 42 Retail 52 Business Growth Fund How Westmorland and Monica Vinader 74 Cenkos stand out from the crowd 54 ELITE Expert commentary Showcasing Britain’s best and brightest Company information powered by DueDil, February 2017 4 The Rt Hon Theresa May MP 64 Manufacturing & Engineering Prime Minister of the United Kingdom How Bee Health has embraced online An official publication of London Stock Exchange Group 8 The Rt Hon Nicola Sturgeon MSP shopping to transform its business First Minister of Scotland 76 Scottish Firms 10 Rebecca Long Bailey MP Spotlight on some of the companies Shadow Secretary of State for Business, making waves north of the border Energy and Industrial Strategy 86 Technology & Digital © London Stock Exchange Group 2017. All rights reserved 30 Martin McTague How Gaming Realms has hit the jackpot Policy Director, Federation of 10 Paternoster Square, London EC4M 7LS 96 Leisure Small Businesses Why embracing individuality has paid off 41 Dr Adam Marshall for The Breakfast Club and Everyman Director General, British Chambers 106 Green By making this communication, none of London Stock Exchange Group plc and/or its group undertakings (which shall be construed in accordance with section 1161 of the Companies Act 2006) (“LSEG”), Wardour Communications of Commerce POD Point is driving the mass adoption Limited (“Wardour”), or the individual authors intend to invite or induce you to engage in any investment activity for the purposes of the UK regulatory regime (other than, where relevant, in respect of the London Stock Exchange plc’s exempt activities of operating UK-regulated investment exchanges and providing clearing services in the UK). This publication does not constitute an offer to buy or sell, or a solicitation of an offer to sell, any securities, or 50 Keith Morgan of electric vehicles the solicitation of a proxy, by any person in any jurisdiction in which such an offer or solicitation is not authorised, or in which the person making such an offer or solicitation is not qualified to do so, or to any person to whom it CEO, British Business Bank is unlawful to make such an offer or solicitation. Information in this publication may or may not have been prepared by the LSEG, Wardour, or the individual authors, but is made without any responsibility on their part. All information in this publication is provided ‘as is’ and none 61 Luca Peyrano At a glance of LSEG, Wardour, nor the individual authors make any representations and disclaim to the extent permitted by law all express, implied and statutory warranties of any kind in relation to this publication, including warranties as to CEO, ELITE 115 Getting to 1000 accuracy, timeliness, completeness, performance or fitness for a particular purpose. No action should be taken or omitted to be taken in reliance upon information in this publication. None of the LSEG, Wardour or the individual Understanding our research methodology authors accept any liability for the results of any action taken or omitted on the basis of the information in this communication. The information in this publication is not offered as advice on any particular matter and must not 62 Jenny Tooth OBE be treated as a substitute for specific advice. In particular, information in this publication does not constitute legal, tax, regulatory, professional, financial or investment advice. Advice from a suitably qualified professional should Chief Executive, UK Business 116 Directory always be sought in relation to any particular matter or circumstances. Angels Association Companies, sectors, regions and revenues Third-party advertisements are clearly labelled as such. None of the LSEG, Wardour or the individual authors endorse or are responsible for the content of any third party advertisement in this publication or otherwise. AIM, London Stock Exchange, the London Stock Exchange coat of arms device are registered trademarks of London Stock Exchange plc. FTSE is a registered trade mark of subsidiaries of London Stock Exchange Group plc and is 72 Terry Scuoler 152 Contacts used by FTSE International Limited under licence. Other logos, organisations and company names referred to may be the trade marks of their respective owners. No part of these trademarks, or any other trademark owned by CEO, EEF, The Manufacturers’ Organisation About London Stock Exchange Group LSEG can be used, reproduced or transmitted in any form without express written consent by the owner of the trademark. 2 3 LSEG FOREWORD COMMENTARY THE RT HON THERESA MAY MP INSIDE THE PRIME MINISTER OF THE UNITED KINGDOM THIS IS AN EXCITING TIME FOR OUR COUNTRY’S HIGH GROWTH REPORT BUSINESSES – OLD AND NEW “ I WELCOME LSEG’S FOCUS IN elcome to the fourth edition of our annual report THIS PUBLICATION ON THE UK’S Whighlighting 1000 Companies to Inspire Britain. This pioneering publication continues to identify the United MOST DYNAMIC AND FASTEST Kingdom’s most dynamic SMEs and high growth potential GROWING BUSINESSES” companies across sectors and regions, highlighting the best of British small business. ritain’s small and medium-sized businesses are the bright start-ups into successful scale-ups. We need to When we launched the inaugural edition of 1000 Bcornerstone of our economy. From dynamic start-ups back these innovators with long-term investment and Companies to Inspire Britain in 2013, we said our aim was to to established family firms, they showcase the UK as an patient capital. “These companies are bring to life what we instinctively knew to be true: that these entrepreneurial and versatile place to do business. London Stock Exchange Group does important work companies are the lifeblood of the UK economy. Businesses play a crucial role in creating jobs, training in promoting non-bank finance to growth and scale-up our greatest prospect for Four years on, this report not only shows that continues to staff, generating wealth and supporting a stronger economy companies across the UK. This report is a great example building a resilient and be the case, but also that – in these times of global macro- and fairer society. of that, as well as its ELITE business education programme economic and geo-political uncertainty – these companies So I welcome London Stock Exchange Group’s focus in this for high-growth firms. LSEG also provides the UK with a productive economy that are our greatest prospect for building a resilient and publication on the UK’s most dynamic and fastest growing key and unique asset: the AIM market – the world’s productive economy that, in the words of the Prime Minister, businesses, and I want to congratulate all of the 1000 high most successful stock market for high growth companies. works for everyone” ‘works for everyone’. growth and innovative companies across the UK featured in The Government’s work in producing a Modern Combined with the fact the UK created a record number this year’s report. Industrial Strategy is important to this, too. As part Xavier Rolet KBE, CEO, of 650,000 start-up firms in 2016, this report starkly Those businesses and many more like them are going of our Plan for Britain we will encourage and support London Stock Exchange Group illustrates the economic potential of the UK’s SMEs. As I’ve to be a crucial part of our mission to build a stronger, fairer the key sectors of our economy, spreading jobs, written before, their impact is to create an ‘anti-fragile’ country. They are the ones who will help deliver prosperity prosperity and opportunity around the whole of the SME economy: more robust; more flexible and less prone to that is shared by everyone, helping to command the public United Kingdom. We will do everything possible to make boom and bust, an idea that was first put forth by economist trust that is needed to maximise the opportunities that free sure that Britain is one of the most competitive places in Naseem Taleb, author of The Black Swan. Our independent markets and free trade bring. the world to found or grow a business. We will work to break research validates that view. And this is an exciting time for our country’s high growth down the obstacles to getting long-term investment This report gives a platform to companies growing at businesses – old and new.
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