Fast-Paced Recognition of Britain's Rapidly Expanding Corporations: Honoring the Swiftest Business Ascenders
Fastest-Growing UK Businesses Unveiled: From Music to Travel, These are the Cream of the Crop
First things first, check out the UK's hottest companies! A recently launched index, the Growth 500, has named some of the UK's fastest-growing businesses. This comprehensive list promises to reshape our economy and is a national celebration of business growth across every sector and region.
So, who's the quickest rabbit in the UK business warren? It's none other than music promotions firm Marshall Arts, knocking it out of the park with annual growth of an astonishing 24,000% over the last three years and passing the £68m revenue mark. Former civil engineer, Barrie Marshall, heads up this London-based powerhouse.
The top 10 also boasts some other big players. Matthew Vaughan's Marv Studios is there, accompanied by cyber defence firm Cyro Cyber, and textile recycler Green Global. Fancy a holiday? Don't forget to book with Wendy Wu Tours, On the Go Tours or business bespoke tour organiser Vosaio – they're all on this list too.
Robert Watts, acclaimed compiler of the Sunday Times Rich List, curated this index. The mission? To help mid-size businesses and realize their full potential. As the UK's only peer-to-peer membership community focused on medium-sized businesses, Business Leader is spearheading this effort, with their network of ambassadors, including billion-pound business builders, lending their expertise.
Where are the fastest-growing businesses popping up? The list shines a spotlight on UK hotspots, with 14 of the listed enterprises based in Cambridge, while the Welsh town of Wrexham and Nottinghamshire's Sutton-in-Ashfield each have three companies making the cut.
So there you have it – the fast and the fantastic in the UK business world. These companies are actively pursuing growth, even in the toughest economic times. Catch the full list at an event in London's iconic Sky Garden on 2nd July.
Fast Facts:
- Marshall Arts: Founded by former civil engineer Barrie Marshall, this music promotions firm kicked things into high gear with tours like Elton John's Farewell Yellow Brick Road, bringing revenues to £68m and annual growth of 24,000%.
- Green Create: This Dutch, Belgian, and UK-based waste management company harnesses the methane-rich organic waste produced by farms, using it to generate electricity or fertilizer for arable farms. Annual revenues have increased to £30.1m, representing a growth of 20,346% over the past three years, despite financial troubles at one of its plants in Kent.
- On the Go Tours: A venture born from a chance encounter between Scott Braidwood (an Australian) and Jay Laksham (a Brit) while holidaying in Egypt, On the Go Tours has grown by 16,078% since 2022, hitting revenue of £17.1m. The company operates in New Zealand, Canada, and the US, with offices in Brisbane and Johannesburg.
- Wendy Wu Tours: Known for their trips to Asia, Wendy Wu's travel company expanded their horizons during Covid, adding trips to the Middle East and Europe to their portfolio. This move has spurred rapid growth, with revenue up over 19,431% over three years, exceeding £28m.
- Green Global: This textile recycling business, based in London, collects more than 400m of unwanted garments a year from homes in England and Wales. After sorting and cleaning them at one of its four plants, the company donates them to those in need living in Eastern Europe, Asia, and Africa. Recently, their growth has been driven by expansions into solar panel consultation and data centre provision, with revenues of nearly £7.7m in 2023-24 marking a 9,317% rise.
- The music promotions firm, Marshall Arts, with an annual growth of 24,000% and revenues exceeding £68m, is one of the UK's fastest-growing businesses.
- Green Create, a waste management company generating electricity or fertilizer from farm waste, has seen an annual growth of 20,346% and revenue of £30.1m, despite financial hurdles at one of its plants.
- On the Go Tours, a travel company founded on a holiday encounter between Scott Braidwood and Jay Laksham, has grown by 16,078% since 2022, with offices in multiple international locations and revenue of £17.1m.
- Wendy Wu Tours, known for their Asia-focused trips, have experienced a 19,431% growth in revenue, surpassing £28m, thanks to their expansion into Middle East and European travel offerings.