This weekend, the 24th annual Sunday Times Virgin Atlantic Fast Track 100 league table will be published, including three companies based in the South West.
The league table ranks Britain’s private companies with the fastest-growing sales and will see three South West companies, two of which are new entrants, included.
Real Wrap Co. is the regions highest ranked company sitting at number 79. Based in Bristol, it supplies sandwiches, wraps and hot food predominantly to schools, universities, and NHS hospitals. During the first national lockdown, Real Wrap Co. worked with councils to provide recipe boxes for low-income households. The company has seen sales grow 44% a year to £10.9m in the year to March.
Number 89 on the list is Precision Resource Group, the first of the newest entrants for the South West. The company has had a three-year annual sales growth of 41% with £31.3m in April 2020. A recruitment consultancy based in Bristol, they helped local authorities hire public health specialists during the pandemic.
New entrant AnTech has also won a place on the table sitting at number 97, with sales growing 39% a year to £5.9m in 2019. Based in Exeter, the company works with oil and gas companies to revitalise old wells and avoid new drilling. All of Antech’s products are manufactured in the UK, with 80% sold overseas and its facilities and services have remained operational throughout this year.
The South West companies appear alongside a variety of other businesses from around Britain, including BrewDog and Gymshark both of which are valued at over £1bn.
Sir Richard Branson, founder of Virgin Atlantic and Virgin Group, which has supported Fast Track 100 for all 24 years, said: “While we are living in extremely uncertain and challenging times, there is one thing I am certain of: entrepreneurs are the dreamers, the doers, and the innovators that have the power to have a positive impact on society. There are so many inspiring examples of this on the Fast Track 100 league table showing this is just as true, if not more so, in 2020 as it ever has been.”
The full league table is published on 6 December as an 8-page supplement with the business section of The Sunday Times, both in print and in the digital edition, and on www.fasttrack.co.uk.
The Fast Track 100 is sponsored by Virgin Atlantic, BDO, DHL Express and N+1 Singer, and is compiled by Fast Track, the Oxford-based research and networking events firm.