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Birmingham Post
Birmingham Post
Business
Coreena Ford

Three North East businesses named among UK's 100 fastest growing private companies

Three North East businesses are toasting success after making the list of the UK’s fastest growing founder-led private companies.

The FEBE Growth 100 list for 2023 has been published, including growing tech firm, tights manufacturers, morph suit makers, digital marketing enterprises and premium vodka makers. From the North East the list includes Opencast Software in Newcastle, former North East company of the year Cleveland Containers, based in Stockton, and hair extension retailers Additional Lengths, also based in Stockton.

The Growth 100 highlights founders that are driving their companies to deliver significant sales, revenue and profit, against a backdrop of unprecedented economic challenges, shining a light on entrepreneurial success across the UK, with women founders or co-founders making up a third of the companies making the cut. To be on the list businesses must be UK registered, independent and unquoted, have sales between £3m and £200m, been trading for at least three years and have posted an operating profit in the latest financial year. The founders must also still be involved.

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