Castore, the sports apparel business backed by tennis star Andy Murray, has been named the second fastest-growing private company in Britain.
The business, which was founded in Liverpool by brothers Phil and Tom Beahon, had an annual sales growth of 285.80% over three years, according to the figures compiled by the Sunday Times.
The latest Sunday Times 100 rankings also show the company achieved sales of £115m in the 12 months to the end of January 2023.
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Castore is now headquartered in Manchester and also counts the billionaire owners of Asda, the Lancashire-based Issa brothers, among its investors.
In the latest Sunday Times 100, Castore was second only to remote-working outsourced recruitment firm, Join Talent.
The research for the Sunday Times 100 found on average the top 100 fastest-growing companies have increased their sales by 104% a year over the last three years to a combined £3.2bn in sales.
In total these companies employ 15,160 people, having created 10,500 new jobs in the last three years, with 95 of them planning further hires in the next 12 months - equating to around 4,750 additional jobs.
Out of the 100 companies featured in the ranking just over a third (39) are based in London, with the rest spread through-out the country. This includes 15 in the North West of England, 11 in Yorkshire and the Humber, and another seven in the Midlands.
The research for the Sunday Times 100 was conducted in partnership with Beauhurst, a source of private company data.
The other North West companies to make the list are:
- 28: Craftd London - Cheshire
- 37: Represent - Bolton
- 41: Fruugo - Cumbria
- 47: Grüum - Stockport
- 53: Applied Nutrition - Liverpool
- 56: Hispec Electrical - Lancashire
- 57: LCM Environmental Services - Lancashire
- 58: Pets Purest - Cheshire
- 71: Roberts Recycling - Liverpool
- 73: Online Home Shop - Manchester
- 75: Airtime Rewards - Manchester
- 89: CurrentBody - Manchester
- 98: CMSPI - Manchester
- 100: Manière De Voir - Manchester
On being included in the list, the managing director of Online Home Shop, Moshe Cohen, said: "For Online Home Shop to have been placed in The Sunday Times 100 for the second consecutive year is an outstanding achievement.
"This accomplishment not only demonstrates our continued efforts and resilience in a tougher market, but underpins the drive, talent and continued support of our people, which allows us to continue to grow year-on-year.
"We’re excited to see where the next few years will take us as a business, as we look to expand our position as a leading homeware provider in the e-commerce space, creating more jobs to help boost the local economy and provide opportunities for people to build their careers."
Andy Shaw, the co-founder of Grüum, added: "We’re thrilled to have been recognised by The Sunday Times 100 and to be amongst such esteemed company.
"We’re really proud of what we’ve achieved so far, and are lucky to have such a fabulous team who’ve helped us get here. We’ve got big plans for the business and while we’ll certainly be celebrating this weekend, it’s straight back to it next week.
"This year has already seen the Grüum portfolio expand as we add personalised supplement and vitamin provider Everly into our group.
"Wellness as an industry is only going to continue seeing growth and consumer interest, and sustainable and tailored services like Grüum and Everly are where the market is shifting to. We look forward to seeing the continued growth of the Grüum group, and continuing to be disruptive players in the health, wellness and personal care categories."
