A company that aims to give its staff all of December off has been named as the region’s fastest growing company after taking the overall crown at this year’s Fastest 50 event.
Gateshead firm Northern Gas and Power - which gives staff December off if they have hit all of their targets in the 11 previous months - won this year’s title, having earlier been named the region’s fastest growing large company.
Other winners at the event, which is organised by Newcastle law firm Ward Hadaway with support from The Journal, included Killingworth’s NBT Group, which won the prize for fastest growing medium sized business for the second year running, while Dunelm Geotechnical and Environmental, from Durham, was revealed as the fastest growing small firm.
After taking the prize, Northern Gas and Power CEO Fokhrul Islam said: “Achieving this kind of recognition makes all the hard work worthwhile. I’d like to thank the whole team for their amazingly hard work.
“Technology is really pushing our future global growth, and we are increasing our teams in our Gateshead HQ as well as in Paris, Texas and Malta. The tech/digital sector here in the region is developing rapidly and it’s great to be part of that positive transformation and the job growth it stimulates.”
The Fastest 50, which Ward Hadaway has been running since 1998, ranks the fastest growing profitable companies in the North East over the last three years.
This year’s list contains companies from around the region operating in a number of sectors.
The prizes were awarded by Ward Hadaway partner Damien Charlton, who said: “We are undoubtedly in a period of political turmoil, and uncertainty can be the enemy of commerce.
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“But the Fastest 50 businesses tell a different story. Despite the 海角视频’s ongoing state of flux, these businesses continue to thrive.”
The event saw Northern Gas and Power win the large company category ahead of last year’s winners END Clothing and construction firm Cussins.
NBT retained the medium sized businesses category, beating Adderstone 1993 and Groundwork Services (Durham).
And the fastest growing small business saw Dunelm Geotechnical and Environmental beat last year’s winner Total Resources 海角视频, with Newton Hall third.
The awards ceremony also heard from guest speaker Elaine Warburton, CEO of Newcastle medical technology business QuantumDX, who outlined the journey of her business and highlighted the commitment to innovation shown by many of the Fastest 50 businesses.