Partly Cloudy

Partly Cloudy

max temp: 24°C

min temp: 15°C

ESTD 1874 Search

Top 100 reveals how Norfolk and Suffolk companies are rising to the challenge

12:15 01 April 2014

EDP Top 100 sponsors. Left to right Andy Grimbly ( PWC ) , James Hunter ( Mills & Reeve ) and James Allen ( Roche )Photo: Steve Adams

EDP Top 100 sponsors. Left to right Andy Grimbly ( PWC ) , James Hunter ( Mills & Reeve ) and James Allen ( Roche )Photo: Steve Adams

Norfolk and Suffolk’s Top 100 companies are playing a leading role in driving growth in the economy and promising to deliver more jobs and prosperity in the future.

shares

That is among the key conclusions of the new look Top 100 which details the performance of our leading firms.

Published online today the Top 100 reveals the key growth areas were energy, where the sector had grown by 27pc to £370m, food, drink and agriculture (up 7pc to £277m) and automotive (up 5pc).

There had also been growth in construction, and financial services, while compared that with the long-term growth average in the UK of around 1pc, Top 100 businesses have grown by 35pc, which equates to a growth rate of 4.5pc per year.

Sponsored by PwC, Mills & Reeve, and new sponsors Roche Chartered Surveyors, the interactive Top 100 website gives you the chance to drill down into the performance of each company and also follow the latest news from Top 100 firms.

Click here to view the Top 100 website

Diversity is one of the key strengths of the region’s economy and the listing shows the full range of businesses operating, from family-run firms to major plcs, detailing those with sales of more than £37m to more than £3bn.

James Hunter, head of office at Mills & Reeve said a number of exciting developments would also help drive growth in the future.

“The really exciting developments at Norwich Research Park, Hethel Engineering Centre and Adastral Park are all expected to create significant numbers of new jobs,” he said. “City Deals for Norwich and Ipswich and an Enterprise Zone and Centre for Offshore Renewable Engineering at Great Yarmouth and Lowestoft (and hopefully also Assisted Area Status) are important for the success of key sectors. There is also the potential of our huge rural and agritech economy.

Andy Grimbly, who has taken over the role of PwC Norwich office senior partner after moving to the region from the firm’s Southampton office, said Norfolk and Suffolk are areas of fast growth and an entrepreneurial market.

He said: “I see the already established privately owned companies continuing to prosper but funding challenges for those at earlier growth and expansion phases. Whilst the public sector organisations are strong, they will have some fundamental challenges to deal with in the coming years.”

James Allen, senior partner at Roche, said: “The annual survey always attracts a great deal of interest and is well recognised by the business community throughout Norfolk and Suffolk. With the economic recovery gaining momentum, we are looking forward to the survey being published with great interest and to the associated events throughout the year.”

shares

0 comments

Millions have been paid to passengers since 2012

There was a £900,000 increase in the amount paid to delayed passengers in just one year – from £1.4m in 2013/14 to £2.3m in 2014/15.

The new branding for Tarmac following its acquisition by CRH.

Iconic contruction brands Tarmac and Blue Circle have been combined to create a UK leader in the building materials sector.

Anne Holt of Baker Tilly.

East Anglia’s many ports and logistics businesses are being advised to prepare for new European Union customs duty arrangements which come into force next year.

Alan Cowie, communications and events officer at the| New Anglia Growth Hub.

New Anglia Growth Hub is to host a funding workshop, bringing together five providers of business support under one roof.

The Birketts Tour de Wellbeing cycle team, from left, Matthew Potter, Ben Burt, Jolyon Berry (front) Greg Jones and Tom Shape.

Members of the employment team at regional law firm Birketts raised more than £1,000 for Breast Cancer Care by taking part in the Tour de Wellbeing virtual cycle race, held by EMCOR UK to coincide with the Tour de France.

A plane in Flybe's latest purple livery.

Regional airline Flybe has confirmed its 2015-16 winter schedule to and from Stansted.

The head office of BT, the BT Centre, in Newgate Street, central London.

Thousands of BT workers are to share in a £265million payout under share-related savings schemes which will see some employees making gains of more than £54,000.

Lloyds has added £1.4billion to its bill for compensating customers mis-sold payment protection insurance.

State-backed Lloyds Banking Group’s provision for payment protection insurance mis-selling has topped £13billion after it yesterday took another £1.4billion hit over the scandal.

A computer-generated image of how the Sizewell complex will look after construction of Sizewell C.

Development of Sizewell C took a huge step forward today as the companies were announced that will build its sister nuclear power station in Somerset.

Gary Allen, operations manager,  with Diane Allen and Graham Allen at Ipswich-based Ajax Domestic Spares which is celebratiing 40 years in business.

Ajax Domestic Spares has marked 40 years in business in style by launching a new showroom in Foxhall Road, Ipswich.

Most read

Most commented

Topic pages