Banbury-based Westminster Group has announced that they have been listed as one of the London Stock Exchange’s ‘1,000 Companies to Inspire Britain in 2020’.
The London Stock Exchange’s ‘1,000Companies to Inspire Britain in 2020’ report recognises the UK’s fastest-growing and most dynamic small and medium-sized businesses, highlighting the regional and sector diversity of the UK’s SMEs and the entrepreneurial spirit shown by these companies.
To be included in the report, companies had to meet a list of criteria: businesses had to be registered in the UK either as an LTD, PLC or LLP, demonstrate strong revenue growth over the last three years and outperform their sector peers, creating a unique list of the UK’s most innovative SMEs.
Peter Fowler, Chief Executive of Westminster Group, said: “We are very proud to have been recognised by the London Stock Exchange as one of the select 1000Companies across all sectors to Inspire Britain 2020, especially in a year like this one. 2020 has been a difficult year for everyone but our team has continued to work hard and helped to make Westminster stand out. We are continually investing in our business and striving to supply much-needed products and solutions for our customers.
“Following three years of double-digit percentage revenue growth we have further delivered a remarkable24% growth in the first 6 months of 2020, despite the world impact of COVID-19,to a global client base including prisons in the UK, law enforcement in America, facilities in Germany, Israel, Iraq, and Hong Kong; and even the Palace of Westminster.
“There are approximately 4 million companies registered in the UK, with some 500,000 new incorporations each year, so to be highlighted in the 1,000 most inspirational in the UK this year is a great accolade and a testament to the hard work and dedication of all our staff.
David Schwimmer, CEO, London Stock Exchange Group, added: “This report highlights the vital role of SMEs in driving economic growth, leading innovation and providing jobs across the UK. In this challenging year for businesses, it is more important than ever to shine a light on these stories of resilience and entrepreneurship.”
Unfortunately, due to Coronavirus restrictions, this year they cannot celebrate in person at the event. Instead, the event is being held virtually. However, they are still really excited to be a part of the event and will not let the state of the world at the moment hinder their celebrations.
To learn more about the London Stock Exchange’s ‘1,000 companies to inspire Britain 2020’, please click here to visit their website.