Suffolk-based Troy Group and Toppesfield make Sunday Times Virgin Fast Track 100 listing
- Credit: Archant
Two Suffolk firms feature in the new Sunday Times Virgin Fast Track 100 listing of Britain’s fastest-growing private companies.
The list, to be published in full this weekend, ranks firms according to growth in sales over their last three financial years.
Bury St Edmunds-based fit-out company Troy Group is a new entrant in 27th place, with its turnover of £14.7million representing three-year growth of 84%.
Surfacing company Toppesfield, based at Claydon, near Ipswich, returns in 91st place, with its sales of £75.1m representing growth of 46%, having previously appeared in the listing six years ago.
Troy Group, which also has an office in London and has a direct workforce of 13, specialises in refurbishing hotels, restaurants and leisure facilities and has renovated more than 12,000 rooms for boudget hotel chain Travelodge since 2013.
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Toppesfield, which has a workforce of 114, is a specialist surfacing contractor carrying out work ranging from roads to sports stadiums, with recent projects having included surfacing work on the new A5 MI link road near Dunstable in Bedfordshire.
The listing and an associated awards programme is being sponsored this year by Virgin, Barclays, BDO and BGF, with the ranking compiled by Oxford-based research and networking events company Fast Track.
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Other companies in this year’s Fast Track 100 from elsewhere in the UK include fashion retailer Missguided, restaurant operator Bill’s, brewery BrewDog and premium cycling clothing brand Rapha. Around one-fifth of the companies in the list are under family leadership.
Sir Richard Branson of Virgin, title sponsor since the annual listing for was first launched 19 years ago, said: “This year’s Fast Track 100 is packed full of entrepreneurs and family businesses tackling many different challenges head-on and thriving thanks to their team spirit and togetherness.
“Entrepreneurship and family values are at the heart of everything we do at Virgin. Like many on the Fast Track 100, we’ve turned a family business into a business family. Working with family works.”