Welcome to the Wales Fast Growth 50, 2019, the definitive guide to the fastest growing indigenous firms in the Welsh economy.
Launched back in 1999 by its founder Prof Dylan Jones-Evans, the determining factor for inclusion is revenue growth from 2016-18, with firms requiring sales of at least £250,000.
Prof Jones-Evans said: "Wales Fast Growth 50 is a celebration of the best that the Welsh business community has to offer and we should all be proud of the success of not only the 50 firms which are the fastest growing companies in Wales in 2019, but those businesses that have made the list over the last two decades.
"More importantly, these firms are all a beacon of enterprise and innovation demonstrating, as we have every year since launching Fast Growth 50 back in 1999, that we have businesses that can compete with the best in the world."
This year’s list generated a collective turnover of £885m in 2018 and employed nearly 3,200 people.
More importantly, they created an additional £538m in turnover during the period 2016-2018 at an average growth rate of 155%. And created 1,600 additional jobs.
1. Bad Wolf, Cardiff
Established: 2015 | Growth: (2016-2018) 2668.4% | Turnovers: 2017-18 £50.31m, 2015-16 £1.81m
Bad Wolf is an independent high end TV drama production company based in Cardiff Bay. The company produces ambitious drama productions, such as His Dark Materials, A Discovery of Witches and Industry, which has brought A-list actors and directors to south Wales.
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Established in 2015 by former BBC executives Jane Tranter and Julie Gardner, the firm is continuing to sustain exceptional revenue growth, with its latest critically-acclaimed production in fantasy drama His Dark Materials currently on BBC One, a second series is already in post-production.
This followed the success of a Discovery of Witches for Sky One, for which two additional series have been commissioned and the second is being filmed at Pinewood Studios.
Prof Dylan Jones-Evans said: "Huge congratulations to Bad Wolf, who had the vision to establish their operation here in Wales, for achieving such stellar growth over the past two years.
"From their hugely impression Wolf Studio Wales in Cardiff Bay, Bad Wolf is revolutionising the TV industry here in the 海角视频 and are the driving force behind a renaissance in the creative industries in Cardiff and the rest of Wales.
"With amazing productions such as a Discovery of Witches and now His Dark Materials, the future looks extremely bright for the business, whose impact is also being felt across the wider economy and its substantive supply chain."
2. Freight Logistics Solutions, Pontypool
Established: 2016 | Growth: (2016-2018) 1716.4% | Turnovers: 2017-18 £5.15m, 2015-16 £284,078
Freight Logistics Solutions (FLS) provides end to-end supply chain solutions, offering logistical advice and transport solutions derived from working backgrounds and expertise in operational, supply chain and logistics.
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FLS offers a range of services to suit all clients’ freight handling needs from occasional transport usage right though to organisations looking to completely outsource their transport management department.
Since 2016, FLS has grown from three to 26 staff and quadrupled its office space by moving to new premises which is fit for the future. FLS is looking to invest in operations technology and expand its client portal tracking abilities, opening multiply 海角视频 hubs to expand and replicating its offer regionally.
It also plans to open and develop its first European hub, while doubling the size of its workforce.
3. Creating Enterprise CIC, Colwyn Bay
Established: 2015 | Growth: (2016-2018) 825.2% | Turnovers: 2017-18 £5.36m, 2015-16 £580,200
Creating Enterprise is an independently-managed subsidiary of Cartrefi Conwy Housing Association operating as a social enterprise across north Wales.
The organisation provides a wide variety of property maintenance services to the public and private sector as its main commercial business including property development; property maintenance; modular construction; facility maintenance and management; groundworks and environmental improvements; painting and decorating; central heating installation and fuel servicing.
All commercial profits are reinvested into Creating Futures, its unique academy that supports social housing tenants and people in the local community who are unemployed and provides them with help to gain employment and increase their skills.
4. Wales Interactive, Bridgend
Established: 2012 | Growth: (2016-2018): 502.5% | Turnovers: 2017-18 £1.93m, 2015-16 £321,241
Wales Interactive is a multi-award winning video games/interactive movie developer and publisher.
This includes all writing, design, programming, art, music, marketing and publishing its own games. As well as making its own titles, it has evolved into a video games and interactive movie publishing label collaborating with some of the most talented games developers and film makers across the globe to help bring their original creations to new platforms.
Wales Interactive not only has a slate of new titles and IP already lined up but its ongoing expansion into interactive movies and the Asian markets is developing at record speeds.
5. Vetro Recruitment, Caerphilly
Established: 2015 | Growth: (2016-2018) 427.7% | Turnovers: 2017-18 £2.49m, 2015-16 £472,845
Vetro Recruitment provides recruitment solutions to the nursing, care and education sectors with a mission to provide a clear and transparent recruitment service to the sectors it recruits for. Its recruitment teams have more than 100 years of combined experience placing candidates into their ideal temporary or permanent positions.
Vetro has plans over the next five years that will focus on remaining specialists within the sectors it operates within, but expanding its geographical footprint by initially opening offices in Bristol and Sheffield and then increasing its head count to 60 staff and eight billing offices across the 海角视频.
It is also looking to be appointed to the NHS framework for Wales and the rest of the 海角视频 and will employ a team of Welsh speaking consultants to deliver services across Wales.
6. iTeach (Wales), Cardiff
Established: 2003 | Growth: (2016-2018) 396.1% | Turnovers: 2017-18 £2.21m, 2015-16 £447,339
iTeach provides consultancy, technical support and technology solutions that include end user training to business and education customers.
Initially, the business focused on primary education, due to the popularity of the iPad back in 2012. Now it has a range of clients from architects to plumbing firms and hundreds of schools.
Its product offering has changed dramatically since the firm was started and it now offers IT hardware, network infrastructure,mobile devices, managed Internet connections and training covering all major technology solutions from the likes of Apple, Microsoft, Google and Cisco.
The firm is increasing its product portfolio by aligning itself with key partners that are opening up new opportunities to grow. These new partnerships are starting to pave the way for iTeach (Wales) to cover all of the 海角视频.
7. Edenstone Group, Caldicot
Established: 2003 | Growth: (2016-2018) 380.7% |Turnovers: 2017-18 £18.29m, 2015-16 £3.8m
The Edenstone Group – which consists of Edenstone Homes, Bluebell Homes, Edenstone Land and Ashgrove Partnerships – is an independent, privately owned housebuilder.
The group is looking to re-imagine the garden village concept championed by Ebenezer Howard in the 19th century to meet modern ideals of how people want to live now and in the future. Communal areas will provide places for residents to meet their new neighbours, with plenty of opportunities to enjoy the outdoors close to home and to help shape the development into a thriving community.
The growth of the business has enabled it to share its success with community causes via the Edenstone Foundation, which receives a proportion of the proceeds from every home sold.
8. TrakCel, Cardiff
Established: 2012 | Growth: (2016-2018) 341.6% | Turnovers: 2017-18 £2.18m, 2015-16 £495,615
TrakCel is a cloud-based software platform that streamlines the delivery of personalised medicine to vulnerable patients whose treatment window is time critical.
By connecting and notifying all participants of the supply chain in real-time, TrakCel provides a compliant and innovate platform to deliver treatment to patients globally.
The company has ambitious growth plans and continues to invest heavily in its product development. It has identified expansion into emerging markets, including the Asian Pacific region.
9. Godfrey Group Facilities, Denbigh
Established: 2015 | Growth: (2016-2018) 326.3% | Turnovers: 2017-18 £1.75m, 2015-16 £410,771
Godfrey Group Facilities (GGF) covers many sectors from building maintenance to commercial cleaning and housekeeping, and has gained contracts with a variety of clients from housing associations through to five-star leisure resorts.
Through all of its sectors, GGF makes use of innovative technology that gives clients a clear view of progression and a full health and safety audit each day.
Over the next five years it is aiming to be working for all major park operators in the 海角视频.
10. Countrywide Hearing, Swansea
Established: 2012 | Growth: (2016-2018) 289.8% | Turnovers: 2017-18 £1.27m, 2015-16 £327,031
Countrywide Hearing provides a hearing aid validation and replacement service to insurance companies and their policyholders throughout the 海角视频.
Countrywide Hearing is a national network of hand-picked, independent hearing aid dispensers who pride themselves in providing a professional, personal service and a high level of care to all customers.
Countrywide Hearing is looking to achieve annualised growth over the next five years.
11. One Team Logic, Talbot Green
Established: 2014 | Growth: (2016-2018) 278.5% | Turnovers: 2017-18 £1.7m, 2015-16 £449,831
One Team Logic is the creator of MyConcern, the Queen’s Award winning safeguarding software designed by child protection professionals and created by world-class software developers.
Whatever the industry, MyConcern serves the same purpose namely to keep children, young people and adults safe and enable those responsible for their safety to act quickly to prevent harm. It also enables secure information sharing with trusted professionals in social care, health and policing to protect children and young people.
The business is looking to grow to at least 150 staff members within three years – the majority of which will be based in Talbot Green. These staff will support efforts to reach a total of 11,000 customers in the same time period. It is aiming to see turnover reach £11m over the next three years.
12. Trueform, Tenby
Established: 1996 | Growth: (2016-2018) 250.9% | Turnovers: 2017-18 £2.85m, 2015-16 £814,302
Based in Tenby, Trueform is a manufacturer of reinforced concrete (pre-cast concrete and concrete structures) in any size to large infrastructure projects and to smaller agricultural and domestic installations.
Its expertise covers the manufacture of precast concrete structures, formwork/shuttering and falsework and groundworks.
It works with major civil engineering contractors, building contractors, farmers and self-builders offering the same service and professionalism on every job, big or small. Current clients include the MOD, Bam Nuttal, TRJ, Valero, EP, and Costain.
Trueform is aiming to focus on steady organic growth over the next few years, while always scanning the horizon for opportunities.
13. Sonovate, Cardiff
Established: 2012 | Growth: (2016-2018) 235.5% | Turnovers: 2017-18 £6.14m, 2015-16 £1.83m
Sonovate provides invoice finance and back-office services to recruitment agencies, consultancies and on-demand marketplaces.
The company pays an industry leading 100% of invoice profit (minus its one fee), does all the client chasing and offers support from start to finish for a small percentage of the invoice.
Since it was founded, Sonovate has funded more than £950m of invoices to 2,500 businesses to help them grow, made over 450,000 payments and paid 17,500 contractors.
Sonovate recently completed a £110m debt and equity funding round. The finance will enable the firm to increase its 海角视频 and international funding lines to more start-ups and established recruitment businesses, consultancies and on-demand (gig economy) platforms.
14. Pancake World, Llantwit Major
Established: 2013 | Growth: (2016-2018) 224.6% | Turnovers: 2017-18 £931,515, 2015-16 £286,957
Pancake World is of the most active distributors of quality crepe and waffle mixes in the 海角视频, offering a vast range of accessories and dessert supplies to more than 1,200 customers nationwide from national chains to small, independent mobile caterers. It also offers highly regarded training courses for Baristas and those making crepes, waffles or milkshakes.
Over the next few years, Pancake World aims to work on consolidating existing partnerships with customers, but also to secure new deals with regional/national distributors such as Castell Howell or Booker.
It also aims to build and operate a much larger bespoke training studio in the Vale of Glamorgan, launch a series of new training modules including pizza, vegetarian/vegan and bread making courses, and diversify into offering a complete ‘coffee turn key’ solution including training and supply.
15. CP Hire, Cardiff
Established: 2012 | Growth: (2016-2018) 219.9% | Turnovers: 2017-18 £9.07m, 2015-16 £2.83m
Listed for the fourth successive year on the Wales Fast Growth 50 list, CP Hire rents construction equipment to civil engineers, house builders, county councils and utility businesses throughout Wales and England.
The firm is committed to excellence in customer service and its relationships with those customers by constantly putting itself in customers’ shoes to ensure it provides and delivers what they need. Its products include all sizes of excavators, dumper trucks, road rollers and forklifts, all of which are supplied by world-leading brands.
CP Hire will look to continue to expand the depot model as customers work throughout the 海角视频 and supporting them in new geographical areas is key to its expansion.
16. NWP Electrical & Mechanical, Rhyl
Established: 1996 | Growth: (2016-2018) 204.3% | Turnovers: 2017-18 £21.48m, 2015-16 £7.05m
First appearing on the Fast Growth 50 list in 2006, NWP provides a full range of electrical and mechanical engineering and contracting services for main contractors throughout the country.
Established in 1996, it employs electrical/mechanical engineers, designers, technicians, cable jointers, approved electricians and mechanical fitters to meet today’s high standard for all types of electrical and mechanical installation work, from design and build projects to power distribution systems.
NWP plans to add a further £10m to its turnover within the next three years and believes that the business will continue to grow naturally due to success of delivering quality projects on time and on budget. Currently, 80% of the firm’s work is negotiated with existing clients with new clients seeking to engage due to the firm’s continued success in its chosen marketplace.
17. Hilltop Honey, Newtown
Established: 2011 | Growth: (2016-2018) 201.5% | Turnovers: 2017-18 £3.88m, 2015-16 £1.28m
Hilltop Honey is an award winning, established brand of pure and natural honey with the overall mission to help food consumers learn that ‘there’s more to honey’.
Its diverse range of honey offerings – available in hexagonal jars and easysqueezy bottles – are all pure and natural honey with nothing added and nothing taken away.
There are plans for expansion at its current site (from 14,000 sq ft to 40,000 sq ft) to further investments in equipment and additional production lines. There is also a heavy aspiration to be in every retailer, while seeking to identify gaps in the market and carefully watching future trends to allow the firm to diversify into other products.
18. Adeo Travel, Cardiff
Established: 2012 | Growth: (2016-2018) 198.3% | Turnovers: 2017-18 £891,023, 2015-16 £298,707
Adeo Travel is an independent inbound tour operator specialising in providing tailor-made holidays for overseas visitors coming to the 海角视频.
It it one of only a handful of Britain-based operators which export its services to overseas clients.
The core offer to customers is to provide them with bespoke travel packages and customised itineraries which allow them to explore the 海角视频 at their own pace and with their own interests in mind.
Immediate plans for Adeo Travel include an extensive development of its product offering with the aim of enhancing its tailor-made product by sourcing new accommodation and tour partners and to expand its rail touring product.
It also has plans to further develop its branding and to launch an entirely new vein of touring product in the near future.
19. Character.com, Swansea
Established: 2009 | Growth: (2016-2018) 194.5% | Turnovers: 2017-18 £19.09m, 2015-16 £6.48m
Making its fifth consecutive appearance on the Wales Fast Growth 50 list, Character.com is the 海角视频’s largest independent online retailer of licensed clothing and accessories for children and adults.
It produces an exclusive range of nightwear, clothing and accessories featuring the nations favourite characters from the worlds of TV, film and books. Its products range from Minnie Mouse to Minecraft and Peppa Pig to Star Wars with a focus on great quality, great value and fantastic customer service.
The firms export sales have grown well and it plans further pushes into other overseas markets. The driver of this will be in making www.character.com a more recognised brand. It has also launched its own brand, Harry Bear.
20. HawkinsThomas Wealth Management, Cardiff
Established: 2014 | Growth: (2016-2018) 186.2% | Turnovers: 2017-18 £1.71m, 2015-16 £599,788
HawkinsThomas Wealth Management specialises in giving tax and financial planning advice to financially successful individuals and businesses owners.
It places clients at the heart of the business and believes that the best way to give personal financial and investment advice is through its team of professional financial advisers who guide and support clients throughout their financial life and respond to changes.
Over the next five years it will continue to invest in the professional development of its advisers and staff.
21. 海角视频 Leisure Living, Mochdre
Established: 2015 | Growth: (2016-2018) 182.2% | Turnovers: 2017-18 £1.08m, 2015-16 £384,394
海角视频 Leisure Living supplies, and is currently one of the fastest growing, hot tub companies in Britain and one of the largest providers of hot tubs to the holiday sector in Wales, providing American hot tubs which are reliable enough withstand the use from a holiday cottage, lodge or glamping let.
The firm’s new composite decking business is also becoming increasingly busy as this division grows and the introduction of latest innovative ground screw system – called StopDigging – is a first for north Wales.
Over the next five years, the firm envisages a huge growth in the holiday sector and it is working on a number of key projects that it hopes will escalate the business to new heights.
22. Vizolution, Swansea
Established: 2008 | Growth: (2016-2018) 176.8% | Turnovers: 2017-18 £10.23, 2015-16 £3.69m
Making its fourth appearance on the Wales fast Growth 50 list, Vizolution is an award-winning customer experience technology provider which helps enterprises streamline complex customer journeys by replicating the qualities of face-to-face interactions within remote channels.
Working with more than 30 of the leading financial service institutions, telecoms and utility companies, namely HSBC, Santander, RBS and Telefonica, its suite of SaaS solutions expands the functionality of remote channels by enabling customers to do everything they could in branch, but remotely (either online or over the phone).
This means that customers can share, display, exchange, complete, verify and sign documents as if they were face to face and works without requiring customers to download any software or apps.
In the next 18 months, Vizolution plans to scale across different regions and markets, and continue to acquire new clients in Europe, North and South America.
23. DevOpsGroup, Cardiff
Established: 2013 | Growth: (2016-2018) 167.1% | Turnovers: 2017-18 £7.08m, 2015-16 £2.65m
DevOpsGroup is a next generation technology company and its award-winning solutions unlock innovation for enterprise and scale-up organisations by making cloud, devops and agile adoption fast, secure and simple.
DevOpsGroup empower both enterprise and scale-up organisations to achieve more in the digital economy by modernising IT and its experts simplify complex theory into practical solutions, equipping internal teams with modern technology, working-practices and knowledge and enabling IT to exceed business expectations.
Headquartered in Cardiff, the company has led cloud and digital transformation initiatives for some of the world’s largest organisations, including most recently RBS, Skyscanner and ASOS.
The management team has clear intent to build a high-growth and innovative consulting business. As an acknowledged industry leader in the DevOps movement, DevOpsGroup is looking to capitalise on its first-mover advantage by expanding its core capabilities and position itself to continue to exploit the rapidly expanding “digital transformation and managed cloud services” markets.
24. Niche IFA, Newport
Established: 2005 | Growth: (2016-2018) 163.3% | Turnovers: 2017-18 £2.14m, 2015-16 £814,287
Niche is a firm of chartered financial planners providing unbiased and impartial independent financial advice to clients across South Wales and south-west England.
As an employee-owned business, all advisers and staff possess a shareholding in the company which means it goes above and beyond to provide clients with a superior service, ensuring they receive the highest quality financial advice possible through five different brands – Niche IFA, Niche Sports, Niche Ethical, Niche Private Clients and Niche Pension Specialists.
The primary objective for Niche over the coming five years is to sustain its current growth trend and continue to develop new initiatives. It is the aim of the company to double the size of the team to 50 within five years
25. Oprema, Cardiff
Established: 2010 | Growth: (2016-2018) 157.7% | Turnovers: 2017-18 £13.01m, 2015-16 £5.04m
Oprema is a 海角视频 distributor of CCTV, access control, intrusion, fire and networking products and the 海角视频’s largest distributor of Dahua Technology, a world-leading manufacturer of security products.
Oprema also carries more than 110 brands such as Bosch, Flir, HID, Honeywell, Paxton and Seagate and searches the globe for the leading technology in the marketplace to provide it to customers at sensible prices.
In 2019, turnover will reach £19m with the aim of it reaching £50m by 2024. To achieve this goal, the firm has recently added further key staff in all areas of the business and this will continue.
Oprema has also moved to new state-of-the-art premises in July 2017 and there will be further enhancements with a new industry leading website early in 2020, biannual trade catalogues and plans to explore strategic acquisitions.
26. Laser Wire Solutions, Pontypridd
Established: 2011 | Growth: (2017-2018) 154.7% | Turnovers: 2017-18 £3.96m, 2015-16 £1.55m
Now on the Fast Growth 50 list for the third year in succession, Laser Wire Solutions is a pioneering tech company that designs and manufactures standard and customised laser wire stripping machines to remove insulation from high performance wires and cables.
The firm works in a range of sectors including medical, automotive, aerospace and data communications. Laser Wire Solutions also provides a contract stripping service to strip wires on behalf of customers, primarily in the medical device sector, who do not wish to purchase their own machine, or for small-scale prototype or R&D projects.
The plan is to grow the company from £3.9m (2018) to £15m by the end of 2021, while maintaining a healthy net profit of between 10% and 20%.
It will also grow its customer base in wire stripping as a service, particularly in the medical device market and broaden its geographical customer spread through a partnership with Schleuniger to include more European and Asian customers.
27. Regis Healthcare, Ebbw Vale
Established: 2013 | Growth: (2016-2018) 154.4% | Turnovers: 2017-18 £4.84m, 2015-16 £1.9m
Regis Healthcare is the only CAMHS (Child and Adolescent Mental Health Services) low secure hospital in Wales.
Set within old Ebbw Vale Hospital, Regis has a 12-bed admission and treatment ward (Brenin Ward) and a six-bed transition ward (Ebbw Ward). Regis also boasts a dedicated multidisciplinary team featuring CAMHS consultants, psychologists, occupational therapy, education team and nursing and support staff.
The business also aims to expand and develop additional services where needed, and this has already started with the purchase of a new unit in England which will be opened in mid 2020.
28. Macbryde Homes, St Asaph
Established: 1985 | Growth: (2016-2018) 152% | Turnovers: 2017-18 £28.65m, 2015-16 £11.36m
Macbryde Homes is a family run, regional house builder with a heritage spanning more than 30 years.
It is focused on on developing residential developments in North Wales and the north west of England.
In the last financial year, 182 units were built (as compared to 122 units in 2017), but this is set to increase to 250 plus homes and the aim is to quickly increase that further to 400 plus units annually.
To achieve this, the firm will focus on identifying locations in Welsh towns which appeal to first time buyers and young families.
29. Nutrivend, Pontyclun
Established: 2012 | Growth: (2016-2018): 148.7% | Turnovers: 2017-18 £3.96m, 2015-16 £1.59m
With three years in succession on the Fast Growth 50 list, Nutrivend is the fastest growing distributor of sports nutrition in the 海角视频 providing a fully managed vending service as well as wholesale distribution to gyms, universities, hotels and leisure centres.
It is the only vending retailer that completely specialises in sports nutrition solutions with extensive specialist knowledge of the sector in a rapidly growing market.
Its vending machines and wholesale offering provides a comprehensive selection of the market leading sports nutrition brands – all provide a range of food and drink products aiding hydration, energy levels and nutrition before, during and after exercise and workouts.
30. Spartan Motor Factors, Cardiff
Established: 2011 | Growth: (2016-2018) 146% | Turnovers: 2017-18 £8.34m, 2015-16 £3.39m
Making its fifth consecutive appearance on the Wales Fast Growth 50 list, Spartan Motor Factors supply automotive parts, accessories and tools across south Wales and the south-west of England.
It is the largest independent automotive parts supplier in Wales, with its 12 branches supply garage and retail customers with a wide range of products including engine oil, clutches, filtration, friction parts and welding gas.
The central distribution hub based in Newport covers more than 45,000 sq ft of warehousing space, ensuring a wide range of stock is readily available for rapid distribution to the network.
The aim is to offer 海角视频-wide coverage within five years with up to 100 branches throughout Wales and England, with plans for a training academy in 2020 which will provide courses on emerging technologies, such as hybrid engines to mechanics across the south of the 海角视频.
31. Econotherm, Bridgend
Established: 2007 | Growth: (2016-2018) 144.3% | Turnovers: 2017-18 £1.77m, 2015-16 £728,289
Econotherm is a leading 海角视频-based manufacturer of heat pipe waste heat recuperators, economisers, pre-heaters, steam generators and steam condensers. Its patented super conductor heat pipe technology is used in a wide range of applications across many diverse industrial sectors.
The technology is renowned for being extremely robust and able to operate in many challenging heat-recovery environments for the benefit of high energy users seeking to reduce ever increasing energy costs and reduce CO2 emissions.
Econotherm equipment is used to recover otherwise difficult to recover industrial waste heat that is otherwise emitted to the environment.
During the past 12 years, Econotherm has invested heavily in developing its technology and products to the extent it is now recognised globally by many large industrials across almost every industrial sector.
32. Trade Centre Group Plc, Neath
Established: 1999 | Growth: (2016-2018) 143.4% | Turnovers: 2017-18 £257m, 2015-16 £105m
Making the Fast Growth 50 list for the fourth year in succession, Trade Centre Group Plc is the fastest growing car supermarket group in the 海角视频 operating from five retail outlets, three of which are branded The Trade Centre Wales (Neath, Merthyr, Abercynon) and two branded The Trade Centre 海角视频 (Wednesbury and Coventry).
The head office is based in Neath and the company operates its financial services company, Can Can Car Finance Ltd from its Abercynon outlet.
The Trade Centre Group is set to open its latest car supermarket in Rochdale in December and has just completed the recruitment of more than 100 staff to operate this outlet. This will quickly be followed by another store opening in the north of England in the middle of next year.
33. A&R Cleaning Services, Bridgend
Established: 2010 | Growth: (2016-2018) 139.7% | Turnovers: 2017-18 £1.27m, 2015-16 £533,762
A&R Cleaning Services is a commercial cleaning company based in Bridgend, offering professional cleaning services to businesses across south
Wales and the south-west of England.
Since it was started in 2010, the business has grown to provide professional commercial cleaning services to clients including FRF Toyota, One Central Square and Hugh James. It also provides cleaning services to other sectors including schools, hotels, office blocks, retail and healthcare.
As a result of the rise in demand, the firm has diversified its services into the security sector and now employs 215 staff while providing professional cleaning services to over 150 clients. The aim is to reach a turnover of more than £5m.
34. 2buy2.com, Bridgend
Established: 2008 | Growth: (2016-2018) 138.7% | Turnovers: 2017-18 £1.22m, 2015-16 £512,971
2buy2.com is a procurement company founded in 2008. It expanded and relocated to Wales in June 2012 and works closely with schools, churches, businesses and charities to help them save money and time on their day-to-day activities, enabling them to use that money where it matters most.
Through the use of innovative technology, aggregation and framework supplier agreement, 2buy2 helps organisations achieve value for money and savings, particularly where there is no dedicated in-house procurement resource.
2buy2 was one of the first 50 Living Wage employers in Wales and is committed to social responsibility, encouraging staff to take three days ‘mission leave’ to support charities and donating 10% of profits to charities each year.
35. CDSM Interactive Solutions, Swansea
Established: 2000 | Growth: (2016-2018) 136.5% | Turnovers: 2017-18 £4.04m, 2015-16 £1.71m
Having made its last appearance on the Fast Growth 50 list in 2003, CDSM is an online learning management system (LMS) provider for education and business.
Learning and development expertise and experience drives the development of the company and its software product, www.Thinqi.co.uk.
CDSM recognises both schools and businesses need an effective digital learning and development function to succeed. CDSM aims to grow its international education business and its 海角视频 and US commercial corporate business.
36. Stands Out, Mochdre
Established: 2010 | Growth: (2016-2018) 133.5% | Turnovers: 2017-18 £1.73m , 2015-16 £742,429
Stands Out Ltd designs, manufactures and distributes impulse-buy gift concepts to attractions and gift shops both in the 海角视频 and overseas.
It provides attractive display stands for goods and is able to bespoke both the display stands and products for customers offering them a unique, attractive solution for their gift shop.
Stands Out is looking to expand in its export market as it has experienced huge growth in this area over recent years
37. Borley Engineering Services, Cardiff
Established: 1992 | Growth: (2016-2018) 130.9% | Turnovers: 2017-18 £84.33m, 2015-16 £36.51m
Borley Engineering Services carries out the design, procurement, installation, testing, commissioning and maintenance of all aspects of building services for commercial and industrial premises such as heating, ventilation, domestic water services and sanitary ware.
Furthermore, the business can boast the largest directly employed, locally recruited experienced site labour force in the area with its train-and-retain policy.
The business will grow to a turnover in excess of £100m in 2020/21 through working with its local, existing client base whose development pipeline is known and reacting to approaches from clients and main contractors that the company had not previously worked
38. Insight Health Screening, Llandarcy
Established: 2009 | Growth: (2016-2018) 126.6% | Turnovers: 2017-18 £1.27m, 2015-16 £563,162
Insight Workplace Health is a national provider of occupational health services that offers onsite screening and run private clinics in Llandarcy and Newport.
Specialising in volume health surveillance and occupational health services, Insight helps companies meet legislative requirements and obligations under COSHH and help employers protect the health of employees by early detection of adverse changes or disease.
It has a fleet of vehicles and experienced staff ready to take on jobs of any size and undertakes thousands of medicals and health surveillance appointments annually for companies and organisations of all sizes.
Insight aims to open more clinics in the next five years with north Wales being the next location, followed by Bristol.
39. Flexicare Group, Mountain Ash
Established: 1989 | Growth: (2016-2018) 121.5% | Turnovers: 2017-18 £64.37m, 2015-16 £29.06m
Flexicare is a leading designer, manufacturer and supplier of medical devices with a focus on anaesthesia, respiratory and urology products.
It sells to more than 100 countries internationally and has in-house manufacturing in China, Sri Lanka and the 海角视频.
With its headquarters in Mountain Ash, Flexicare is supported through its subsidiaries, offices and related companies in the US, Netherlands, Germany, Italy, Middle East, India, Sri Lanka, China, Malaysia, South Korea, Japan and Australia.
The business continues to deliver year-on-year growth, reaching new milestones in its 30th year of operation, despite economic and political instability in many of the markets in which it operates.
The momentum that it has gained over the last few years has been as a result of new product introductions, establishing new markets and continued development of existing markets.
40. GS Verde Group, Cardiff
Established: 2012 | Growth: (2016-2018) 120.1% | Turnovers: 2017-18 £1.68m, 2015-16 £767,534
The GS Verde Group is an integrated professional services group which specialises in mergers and acquisitions, growth capital and investment projects and advisory to fast growing scale up businesses.
The group consists of corporate law firm Greenaway Scott, corporate finance firm Verde Corporate finance and patent attorneys Alchemie IP.
So far in 2019, the GS Verde Group has moved into new headquarters at the Maltings in Cardiff, as well as opening a a new Pembroke office.
41. TC Consult, Cardiff
Established: 2007 | Growth: (2016-2018) 116.9% | Turnovers: 2017-18 £671,800, 2015-16 £309,717
TC Consult provides expert quantity surveying, project management, project monitoring and development consultancy services to the construction and property sector.
At TC, commercial awareness and a practical, collaborative approach is applied to every project it undertakes.
This has led to successful long-term partnerships with clients across a wide range of sectors, including the Welsh Government, National Museum Wales, Aston Martin Lagonda and Principality Building Society to name just a few.
TC will be recruiting two new team members in 2020 and more again beyond that. This recruitment drive forms part of the growth strategy of achieving £2m turnover by 2024.
42. CCS McLays, Cardiff
Established: 2005 | Growth: (2016-2018) 115% | Turnovers: 2017-18 £42.57m, 2015-16 £19.80m
CCS McLays was established in 2005 with the sole desire to provide those within the retail industry an outsourced solution for their packaging and consumables from supplying acrylic displays for high street stores to zipper pouch bags for food outlets.
The solution is unique in terms of being 100% retail focused and has grown rapidly over fourteen years to annual sales exceeding £50m per annum.
As part of a joint venture with IG Design Group, it has moved into packaging manufacturing to create environmental packaging that is made in Wales.
43. Orchard Media and Events, Cardiff
Established: 2010 | Growth: (2016-2018) 114.9% | Turnovers: 2017-18 £15.14m, 2015-16 £7.04m
The Orchard group includes a full-service agency; three-time regional music promoter winners Orchard Live; award-winning TV and film content creators Orchard TV; partnerships and sponsorship agency Orchard Connects; and VR in healthcare business Rescape Innovation as well as Cardiff Conference Bureau.
The agency side of the business covers all aspects of creative, content communications and activation. In-house teams include audio visual, creative and design, digital, events, exhibitions, immersive technologies, integrated campaigns, marketing strategy and consultancy, media training, media planning and buying, PR and social media and TV/film production.
Orchard is looking at several new spin-out opportunities where the agency has acted as a business incubator for a start-up, as achieved with Rescape Innovation.
44. Cowshed Communication, Cardiff
Established: 2014 | Growth: (2016-2018) 110.6% | Turnovers: 2017-18 £611,344, 2015-16 £290,337
Cowshed is a creative communication agency based in the heart of Cardiff that delivers fully integrated marketing and PR campaigns for clients that make a huge difference to the people they serve.
Its client roster of more than 25 organisations includes Welsh Government, Comic Relief, National Trust and the United Nations Refugee Agency.
Off the back of significant 海角视频 clients including Comic Relief and The United Nations, it plans to move further into the London market and has a potential expansion planned in Manchester.
45. Anwyl Group, Ewloe
Established: 1930 | Growth: (2016-2018) 109.1% | Turnovers: 2017-18 £97.93m, 2015-16 £46.82m
Now managed by the fourth generation of the Anwyl family, Anwyl Group is firmly recognised as an ambitious, fast growing and financially strong construction business, a major champion of local trades in Wales and a successful developer of the next generation of talent through its expanding apprenticeships programme and partnerships with colleges in Wales.
Employing more than 190 employees across two offices, Anwyl has three distinct operating divisions.
As part of its ambitious growth strategy it is aiming to see revenues reach around £225m by 2025.
46. LEB Construction, Aberystwyth
Established: 2015 | Growth: (2016-2018) 106.7% | Turnovers: 2017-18 £657,492, 2015-16 £318,090
LEB Construction carries out all types of construction and building services, from large refurbishment projects for public sector clients to design and build of homes, maintenance of commercial and office buildings and everything in between.
Its specialist area is public sector and commercial refurbishment projects. It has undertaken work for a range of clients including Ceredigion County Council, The National Library of Wales, Aberystwyth University, The Royal Pier in Aberystwyth, Cambrian Printers, Godwins Solicitors, and numerous other commercial and domestic customers in the region.
LEB Construction wants to further strengthen its supply chain, recruit more apprentices, tradespeople and strengthen its management structure. It is projecting a turnover of £5m within five years.
47. ALS Managed Services, Pontypool
Established: 2013 | Growth: (2016-2018) 106.7% | Turnovers: 2017-18 £13.12m, 2015-16 £6.35m
The fastest growing company in Wales in 2018, ALS Managed Services provides specialist recruitment solutions and associated services to the recycling and warehousing sectors.
It is one of very few genuine sector specialists committed to extraordinary service delivery, providing an environment for its own staff to thrive and grow and ensuring sustainable profitability through ethical recruitment practices.
It works with some of the largest recycling and warehousing companies in the 海角视频, delivering national services from Scotland to Southampton, Kent to Cornwall through a team of regional and on-site account managers.
48. Indigo Telecom Group, Caldicot
Established: 1998 | Growth: (2016-2018) 104.7% | Turnovers: 2017-18 £24.32m, 2015-16 £11.88m
Operating globally in the telecommunications services sector, Indigo Telecom Group specialises in the design, planning, build, supply, management and maintenance of 海角视频, European and global telecommunications networks.
The business is focused on organic growth across its international client base, but also has acquisitions on its radar.
This will not just serve to support its current service portfolio and expand its geographical reach, but also help underpin the firm's capabilities to support new and future technologies.
49. Bect Building Contractors, Cardiff
Established: 1983 | Growth: (2016-2018) 99.6% | Turnovers: 2017-18 £27.63m, 2015-16 £13.84m
Making its third successive appearance on the Wales Fast Growth 50 list, BECT aims to bring quality, innovation and reliability to the disciplines of civil engineering, construction, refurbishment and facilities management.
It is a relationship-based business with a long established and broad client base across both public and private sectors.
It has operated for more than 30 years in the areas of new build and refurbishment of residential schemes, new build hotels and extensions, hospital new build and refurbishment works, university new build and refurbishment; and general building repair, maintenance and upgrade.
Over the next five years, BECT aims to increase the turnover of the business to £50m.
50. Wild Creations, Cardiff
Established: 2010 | Growth: (2016-2018) 97.2% | Turnovers: 2017-18 £1.68m, 2015-16 £856,257
Wild Creations specialises in creating bespoke builds and installations for a variety of industry’s ranging from theatre and TV to sporting and PR events.
It prides itself on its attention to detail and quality of build and this has led to the company working with some significant clients including Rugby World Cup, UEFA and Universal.
Recent credits include the launch of Fast & Furious 8 and Jurassic World as well as the popular Dragon Tour for CADW which saw a family of dragons created for castles across Wales.
The company has a core staff structure and facilities that allows it to keep most services in house, allowing it to monitor quality at every step. Wild Creations has appeared on the Fast Growth 50 lists in 2017, 208 and 2019.