LDC has teamed up with accountants and business advisers BDO LLP, to launch its latest Best in Business campaign to showcase the top performing mid-sized businesses in Surrey, Sussex and Kent.
Best in Business celebrates those companies with a turnover between £10m to £300m, which continually outperform their competitors in sales, profits and job creation. This year the top 100 fastest growing businesses in the region will be ranked in a league table and published in September.
Research recently undertaken by BDO reveals mid-sized businesses in this area contribute almost £100bn to the local economy and employ more than 644,000 people. Surrey has the largest number, but those located in Sussex achieved the highest growth with an increase of almost 10 per cent in overall turnover last year.
Kevin Cook, partner at BDO LLP, said: “We are delighted to welcome LDC to this year’s Best in Business campaign. One of the main challenges facing mid-sized companies looking to grow is access to funding but many are daunted by the prospect and unsure how to go about it. With LDC on board we can help them to overcome their concerns and continue to prosper.
“We have a tremendous base of entrepreneurial and aspirational companies to be proud of locally. These dynamic businesses make a staggering contribution to our economy both locally and nationally. They must be placed at the heart of Government plans and Brexit negotiations to help achieve their own growth ambitions and, in turn, continue to fuel our economy.”
Jonathan Caswell, origination director at LDC in the South, said: “Surrey, Sussex and Kent have long been a hotbed for business activity in the mid-market space. Firms across the region benefit from the breadth of industry, strong infrastructure links and the active advisory community, which help drive growth and ensure businesses continue to thrive. BDO’s Best in Business initiative will help us to shine a spotlight on those success stories and celebrate the ambition of firms in the region, and we’re excited to be a part of this campaign.”