Who are the UK companies achieving major growth without significant equity investment?
Compiled as an antidote to fast-growth lists dominated by private equity and venture capital-backed businesses, Buzzacott’s inaugural Organic Growth 25 has identified the companies achieving impressive revenue growth with minimal equity investment.
The 25 profitable businesses recorded revenue growth between 100% and 1212% over the latest three-year period, despite having received less than £1m equity investment in the last five years.
Latest annual revenues ranged from £2m – the minimum requirement for consideration – to a highly remarkable £124m, despite none of the companies making acquisitions that contributed more than 10% of that figure.
A diverse group emanating from across the UK and operating in a variety of sectors – from manufacturing to retail – the companies listed were founded between 1960 and 2015, demonstrating there is no archetype for organic growth and no single template or timescale for sustained success.
Top 20 accountancy firm Buzzacott analysed over 30,000 businesses and selected a final 25 based on those that met the following criteria:
• A minimum of 100% revenue growth over the latest three year period where there was ready access to financial data.
• A profitable business with a minimum latest revenue of £2m.
• Less than £1m equity investment received in the last five years.
• No acquisitions totalling more than 10% of the current business revenue.
To screen the final 25 Buzzacott extracted known data as of 30 April 2020 from a number of sources, including Beauhurst, Capital IQ, Companies House and other publicly available figures, which was then verified by the featured businesses.
Matthew Katz, Partner & Head of Corporate Finance comments: “We’re really proud to launch our Organic Growth 25 to celebrate those businesses that have demonstrated tenacity, hard work and vision, going from strength-to-strength.
“Our OG25 businesses have thrived from adopting a method of growth that is usually under-recognised and striving to achieve high growth in recent years.
“With this year posing many challenges for us all, it’s been particularly important to showcase this unheralded route to growth and the achievements it can lead to.”
The full report is available here: