Ashfield and Mansfield firms feature in Top 200 growth companies

July 29, 2015 12:49 pm

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The East Midlands continues as the UK’s fastest growing economy outside London in a recent report highlighting its top 200 growth companies. In addition to analysing local companies’ profits over three years, interviews have also been used to establish the key drivers behind growth. View the full report here.

On average the companies featured grew by 22% year on year compared to the UK average growth of just 1.4% per year. Much of this growth has been fuelled by entry into new markets and investing in people, Research & Development and new plant. Companies reported an emphasis on quality, an increasing use of apprenticeships and the importance of attracting and retaining talent.

Ashfield and Mansfield punches above its weight, with 14 companies featured in the top 200 list, compared with just 8 from Chesterfield and 5 from Worksop. Indeed Paul Cook, Director at TIS (no. 109 on the list) is set to speak at Thursday’s Mansfield 2020 networking meeting. Find out more about 2020 and TIS.

Ashfield and Mansfield growth companies helping to fuel economic prosperity are:

  • F. Switchgear (Holdings) Limited
  • Hughes Construction Limited
  • Merritt Holdings Limited
  • Mansfield Sand Company Limited
  • Clarke Holdings Limited
  • Vision Automotive (UK) Group Limited
  • Television Installation Services (Mansfield) Limited
  • Belton Massey Limited
  • Romo (Holdings) Limited
  • S.D. Wholesale Limited
  • Pendragon PLC
  • Roy Lowe & Sons Limited
  • Ron Brooks Limited
  • Standard Motor Products Europe Limited

 

Invest Ashfield & Mansfield helps local companies grow through a business growth grant, apprenticeship grant and account management programme. Our business growth grant offers up to £5,000 to local companies at a rate of 50%. Our Apprenticeship Grant for Employers (AGE) offers businesses taking on a new apprentice up to £1,500 on top of the national grant. Contact us to find out more about the help that we can provide, including our account management programme.

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