For a third consecutive year, automotive and aerospace industry quality management experts G&P has been named in the prestigious London Stock Exchange report ‘1,000 Companies to Inspire Britain’.
The highly respected report aims to identify the most exciting and dynamic small and medium sized enterprises (SMEs) in Britain with revenues of between £6 million and £250 million. Furthermore, companies named in the report not only need to have shown growing revenues over the past four years, but to have also outperformed their sector peers.
“We are delighted and immensely proud that G&P has been included in this report for a third consecutive year,” comments Dino Kyriacou, chairman, G&P. “Being included in the report just once would have been a great achievement, but to be one of only 40 companies that have made the list for three years in a row, really does underline the phenomenal scale of our success and growth.”
With its headquarters in the West Midlands, G&P provides an innovative range of quality management services to manufacturing businesses around the world. Its 1300 staff help manufacturing companies and their suppliers improve quality, efficiency and profitability. Such is the scale of growth of the business that it has recently relocated its global headquarters to the iconic Ford Dunlop building on the edge of Birmingham, at the heart of the UK’s automotive manufacturing industry. Indeed, G&P has reported an average annual growth of 100 percent over the last four years, resulting in a significant increase in the number of staff employed by the business up from 330 in 2012 to 1300 today.
As the report indicates, manufacturing still plays an incredibly important role in the UK economy. Almost 25 per cent of the companies listed in the report were from the construction, engineering and manufacturing sectors.
Speaking about the latest report, Xavier Rolet, chief executive of the London Stock Exchange Groups praised the work of those companies listed in the report: “High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need.”
His words were supported by The Rt. Hon George Osborne MP who wrote in the publication: “UK high-growth businesses are leading the charge in rebuilding our economy. These companies are the backbone of the British economy. They create high-quality, well paid jobs, innovate and drive economic growth.”