High Growth 50 – putting a spotlight on the North

We’ve published our inaugural High Growth 50 report for 2024, in partnership with Beauhurst and the London Stock Exchange, shining a spotlight on some of the most ambitious businesses across the North.

Working alongside UK data provider Beauhurst, we’ve uncovered businesses in the northern regions that have experienced significant growth over the last 12 months.

Our report focuses on lower mid-market companies (with turnover between £10m and £150m) that have raised significant sums of capital, increased revenues or hired new staff.

Companies featured in the list include healthtech business Evergreen Life (Manchester), online marketplace Fruugo (Ulverston), 3D printing firm Additive Manufacturing Technologies (Sheffield), nursery group Kids Planet (Warrington) and leisure destination Gravity Active Entertainment (Wakefield).

Collectively the 50 companies listed employ over 14,500 people in the UK and globally, and have raised more than £1.3bn in investment to help deliver their growth plans over the last 12 months.

50 per cent of businesses listed were headquartered in the North West, while 33 per cent were located in Yorkshire and Humber, and 17 per cent chose the North East as their base.

Liam Buckley, director at MC2, said: “Our inaugural High Growth 50 report highlights some of the most resilient businesses in the North. Not only does it shine a spotlight on those delivering impressive growth – it looks at companies that have created new jobs and raised external capital in what has been a period of uncertainty and change.

“It’s refreshing to see the community of businesses doesn’t just hail from the northern hotspots of Manchester, Leeds or Liverpool. It highlights high-performing firms from all corners of the North, and reflects our region’s strengths in major industries like advanced manufacturing, health innovation and travel. I’d like to congratulate all those who’ve been listed and look forward to building this community of high-growth businesses in the years to come.”

Bod Buckby, UK Primary Markets – Regional Head, London Stock Exchange Group, added: “The quality and diversity of companies in this High Growth 50 report highlights that the North has real power. Global fashion brands, pubs and bars, advanced manufacturing, carbon capture, trampolines, mini golf, biosurfactants and photonic chips – are all examples of the impressive companies showcased in the report.”

The report was launched at the London Stock Exchange on 30 September 2024 with founders and CEOs from the 2024 High Growth 50 community.

Download your copy here.