The latest group of Top 50 Rising Stars 2019 shows a diverse mix of young and more mature businesses that have increased their turnover and/or gross profit by at least 20 per cent over the last three years.
The annual Rising Stars ranking is the only such research to consider both gross profit and turnover growth in its assessment. The Rising Stars have a combined turnover of £1.61 billion while total profits reached £790 million.
GrowthBusiness blogger Malcolm Parry says ‘power to the Rising Stars‘because they are critical to the wellbeing of society due to the ‘economic meaning’ they give to the science or business idea that lies behind the business.
The team at GrowthBusiness assessed the companies and decided to include the firms on this list based on their innovative product, speed of scale and quality of leadership. Percentage growth of both profit and turnover over the last three years was also a key consideration.
At number 30 – As the demand for flexible working space for small businesses continues to grow,Needspace? has been busy signing up businesses to its managed workspaces in South-west and central London. The firm is part of the family-owned Wates Group.
“We saw a need for affordable and flexible managed office space to satisfy the growing number of small businesses. With each of our high quality business centres we aim to create a community of entrepreneurs, working to develop their businesses alongside others in a supportive and enterprising environment.” Says Charles Wates, Managing Director of Needspace?
He continues “Whatever the size of your business, we can offer you a variety of unit sizes to suit your needs, and the flexibility to alter your terms if your requirements change.”
Needspace? is part of the Wates Group, a family company established in 1897 that has grown into one of the UK’s largest construction and development businesses.
Wates is one of the most financially secure companies in the construction sector, and with their backing Needspace? continue to expand their portfolio of quality business centres throughout Greater London and the South East.
To see the top 50 rising stars of 2019 in the UK visit 19/09/2018 Growth Business