Solarcentury Among Fastest Growing Mid-market Companies in the UK
- Published: Friday, 01 July 2016 09:54
Solarcentury has been ranked number 22 by specialist bank Investec in its Mid-Market 100 research which ranks the 100 fastest-growing private companies in the UK with a turnover of £10 million or above. The list includes companies from a range of sectors such as construction, retail, property and professional services.
Neil Perry, CFO at Solarcentury, “Inclusion in this list – and in the top quarter – reflects the financial health of our company, as we continue to work with a range of industry partners to develop and deliver high quality solar projects in the UK and around the world. It also demonstrates the viability of solar in the UK, where we have been headquartered for almost 20 years, and the success of the company as we expand internationally; we now have eight offices outside the UK.”
To ensure the research captures sustainable growth, companies are ranked on the four-year compound annual growth rate (CAGR) of turnover.
As well as achieving greater growth overall, the bar for inclusion in the top 100 is getting higher. To make it on to the current list, companies had to achieve sustainable growth of at least 30.6%; versus 25.4% a year ago