Swindon & Wiltshire Business News

Local firms recognised as among most dynamic in UK

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1,000 Companies to Inspire Britain

 

Four Swindon and Wiltshire businesses have been recognised as among the most dynamic SMEs in the UK by the London Stock Exchange Group.

Swindon's Fundamentals and REPL were named along with Chippenham's Alliance Pharma and Good Energy in the seventh edition of its 1,000 Companies to Inspire Britain report, which identifies the UK’s most dynamic and fastest-growing small and medium sized enterprises.

Fundamentals is a leading expert in grid control. Based at Hillmead’s Enterprise Park the company brings modern voltage-control solutions to electrical power grids in the UK and worldwide.

REPL manufactures high-quality heat shrink, cold shrink, and pre-moulded cable accessories for the power and telecom industries. It is based at South Marston.

Alliance Pharma is a specialty pharmaceutical company, engaged in acquisition, marketing and distribution of pharmaceutical products.

Good Energy generates and purchases renewable electricity, and supplies green electricity and gas to homes and businesses throughout the UK.

The companies featured in this year’s report have recorded an annual average revenue growth rate of 41.2 percent and have generated more than 42,000 jobs in the two years to December 2019.

The report uses company data published as at December 2019 to make its decisions.

David Schwimmer, CEO of the London Stock Exchange Group, said : “This report highlights the vital role of SMEs in driving economic growth, leading innovation and providing jobs across the UK.

"In this challenging year for businesses, it is more important than ever to shine a light on these stories of resilience and entrepreneurship.

"The success of UK SMEs is crucial as we rebuild a post Covid-19 economy, and London Stock Exchange Group is committed to helping growth companies achieve their potential.”