The 21st annual Sunday Times Virgin Fast Track 100 league table, which ranks Britain’s private companies with the fastest-growing sales has been released.
This year, there are three companies headquartered in the South West that have made the league table.
Their sales have grown by an average of 91% a year over the last three years to a total of £122 million, and together they employ 300 people.
The region’s top-ranked company is TV show producer Plimsoll Productions, which features for the first time.
The Bristol firm has worked on more than 40 series, shown online or on TV, for broadcasters such as the BBC. Its shows include wildlife documentary Earth Live, which was watched in more than 170 countries. Sales rose an average of 149% a year to £14.6m in 2017, placing it fifth nationally.
Recruitment consultancy Opus Professional Services Group is also based in Bristol.
The firm operates in the engineering, IT and architecture sectors and makes its fifth appearance on the list after sales hit £62.2 million in 2016.
Management consultancy RFS features on the national table for a second time. The Swindon company specialises in regulatory and compliance issues for clients such as banks and telecoms firms, and sales grew to £44.8 million last year.
The companies in the southwest appear with businesses from around Britain, including restaurant chains Five Guys and Leon, fashion retailer Missguided, and brewer BrewDog, which was valued at £1 billion in April.
Past stars include mixer drinks maker Fever-Tree, which floated in 2014 and is now worth £2.3 billion, and innocent drinks, which sold a majority stake to Coca-Cola in 2013, valuing the company at £440 million.
Sir Richard Branson of Virgin, the title sponsor for all 21 years, commented: “Entrepreneurs are the lifeblood of the economy; driving innovation, creating jobs and challenging industry norms. The achievements of the companies on this year’s Fast Track 100 list are fantastic.
“It’s clear over the coming years UK business will have to adapt to different conditions and we must do all we can to support our entrepreneurs – who will be the engines of growth for Britain.”