Cambridgeshire Top 100
Cambridgeshire’s top 100 businesses of the last year have been named in a report that reveals they have enjoyed double-digit growth in turnover and profits.
The annual Cambridgeshire Ltd study, compiled by business and financial advisers Grant Thornton in partnership with law firm Mills & Reeve, demonstrates that the uncertainty surrounding Brexit has not prevented the county’s largest companies from what it calls “an enviable level of sustainable growth”.
With a combined turnover rising 10.3 per cent to £10.7billion and earnings (EBITDA) up 16.7 per cent to £780million, the top 100 have continued to invest, with two thirds increasing the number they employ.
But there is work still to do; Cambridgeshire remains geographically divided, with the success of Cambridge and South Cambridgeshire’s economies not shared by Fenland.
More than 100 business leaders gathered at The Cambridge Belfry in Cambourne this morning (Thursday 15th November) to hear the results of the study, which uses reported sales.
One company that continues to impress is construction specialist Mick George Ltd. Having been a constant figure in the league standings within the last few years, the firm has this year risen from 22nd place to 14th.
Jon Stump, Finance Director at Mick George Ltd commented: ‘’Our presence in these types of reports is important for numerous reasons, not least, it is an indicator that as a business we’re continually performing at a high level.’’
Stump continued: ‘’Our advance up the standings this year recognises the improvements that we’ve made throughout the business, which is testament to the strategic investment we’ve made over the years. This is something we will endeavour to progress in future years.’’