50 fastest growing businesses in the North West revealed

Northern law firm, Ward Hadaway, has revealed the 50 fastest growing businesses across North West England at an awards ceremony on 21st June at Manchester’s Royal Exchange Theatre.

The event, held in partnership with Greater Manchester Chamber of Commerce (GMCC) brought together more than 250 business leaders from across the region to celebrate its innovation and growth. Businesses were ranked based on average turnover growth using turnover figures filed for the last three years, with businesses of all sizes over £1 million turnover included in the Ward Hadaway North West Fastest 50 list.

Manchester-based clothing brand, Castore was named the fastest growing business in the region, and the fastest growing large business (turnover over £35 million) which has seen 160% average turnover growth in the period analysed. The highest ranking medium-sized business was Salford-based leisure brand, Junkyard Golf Club, while the fastest growing small business was marketing agency, Campfire Group, also based in Salford.

The 50 firms on the list achieved an average turnover growth of 72%, and had a combined total turnover of £3.27 billion.

This year’s list also included three Stockport firms. The borough’s fastest growing firm was payroll provider, Sapphire Accounting, which saw 98.55% growth, and placed in top ten fastest growing businesses. Catering equipment supplier, HG Stephenson, with 54.26% growth and aircraft surveillance equipment manufacturer, Mythra, 50.75% growth, placed in 38th and 46th respectively.