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Enterprise

25 North East firms on list of the 海角视频's most inspiring companies

Companies including Prima Cheese, Newton Hall and Chainbridge Steel are on the list produced by the Stock Exchange

Montage of Crafter's Companion, Tharsus and End Clothing - scale-up companies in the North East(Image: various publicity handouts)

TWENTY-FIVE businesses from the North East have made it on to a list of the 海角视频’s most inspiring companies.

Firms including development group Adderstone, online clothing retailer END and Northumberland Estates are included on the London Stock Exchange’s annual 1,000 Companies to Inspire Britain report.

The report lists the country’s fastest-growing SMEs and highlights innovation shown by the companies involved. Northumberland robotics manufacturer Tharsus is singled out for praise, with the report highlighting how it developed its Bump social distancing device in just 12 weeks at the start of the coronavirus pandemic. Other North East firms to feature on the list include Crafter’s Companion, Fentimans, Kromek and Montane.

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 海角视频.

“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 海角视频 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.”

The list is based on the growth in turnover over the last three years, with companies of between £6m and £250m eligible. Nationally, the featured companies record average revenue growth of 41.2% and have created more than 42,000 jobs over last two years.

Engineering & construction, manufacturing, food and beverages lead the industries represented, while London and the East of England contributed the greatest number of companies.