Three Scottish start-ups have been included in a new list of Britain’s fastest-growing, founder-led private companies.
The inaugural FEBE Growth 100 rankings feature Edinburgh-based thermal storage tech firm Sunamp, Livingston-based e-commerce tights brand Snag and Broxburn-based pizza ovens business Ooni.
FEBE is a business group for entrepreneurs, co-founded by Charlotte Quince and John Maffioli, backed by former BBC Dragons Jenny Campbell and Sarah Willingham, Bloom & Wild founder Aron Gelbard and Charlie Bigham of the ready meal business.
Those featured in the list must be UK registered, independent, unquoted, and an ultimate parent company, with sales of between £3m and £200m, trading for at least three years, making an operating profit in the latest financial year - and with founder(s) still involved.
The 100 companies were ranked by compound annual growth rate (CAGR) in sales over the last two financial years. Businesses were initially selected by either nominating themselves, or through organisations contacting them directly, as well as by accessing publicly available financial information.
Quince said: “We are building the greatest entrepreneurial celebration on Earth and a club that everyone wants to be part of and the Growth 100 is an integral part of that.
“So many people think that business founders just ‘get lucky’ or think of an idea one day and are successful the next, but we know that the journey to success is anything but smooth.
“The Growth 100 will celebrate those who have embraced the entrepreneurial roller coaster and who are now thriving as some of the fastest growing brands in the country.”
FEBE Growth 100 ambassador Campbell added: “Founders are unique: their experiences, their vision and their resilience are unlike anything else.
“So, we want to celebrate these ‘dare to doers’ and shine a light on the incredible accomplishments of some of the finest and fastest-growing companies in the country.”
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