We are delighted to publish the North East Fastest 50 list for 2021, as well as reveal this year's winners, those companies who came out top.
Congratulations to Alexander Technologies Europe Limited who were crowned the North East’s Fasting Growing Business for 2021, as well as taking the Fastest Growing Large Business (turnover £25m+) title.
Lusso Stone Ltd won the award for the Fastest Growing Medium Business (turnover £10-£25m), whilst Hellens Residential Limited were named Fastest Growing Small Business (turnover under £10m).
The Fastest 50 list is ordered by average turnover growth, which has been assessed on a percentage increase based on the difference between turnover figures filed for the last three years.
See the list below to find out more about the Fastest 50 companies and how they have ranked.
Filter: Large Businesses (L), Medium businesses (M), Small businesses (S) or View All
Location: Peterlee
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 46,311
Average turnover growth: 98.0%
Location: Seaham
Date of last analysed accounts: 30/06/2020
Turnover (£000s): 27,643
Average turnover growth: 76.4%
Location: Stockton-On-Tees
Date of last analysed accounts: 30/09/2019
Turnover (£000s): 12,431
Average turnover growth: 69.6%
Location: Washington
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 4,008
Average turnover growth: 66.4%
Location: Bishop Auckland
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 19,981
Average turnover growth: 48.8%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 42,273
Average turnover growth: 46.1%
Location: Billingham
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 26,000
Average turnover growth: 44.5%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 29/02/2020
Turnover (£000s): 6,842
Average turnover growth: 42.9%
Location: Gateshead
Date of last analysed accounts: 30/09/2020
Turnover (£000s): 3,251
Average turnover growth: 42.8%
Location: Consett
Date of last analysed accounts: 30/09/2020
Turnover (£000s): 4,826
Average turnover growth: 31.7%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 170,464
Average turnover growth: 29.9%
Location: Gateshead
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 48,548
Average turnover growth: 29.8%
Location: Newton Aycliffe
Date of last analysed accounts: 30/06/2020
Turnover (£000s): 20,268
Average turnover growth: 29.2%
Location: Barnard Castle
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 11,893
Average turnover growth: 28.9%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/09/2020
Turnover (£000s): 23,574
Average turnover growth: 28.4%
Location: Darlington
Date of last analysed accounts: 31/03/2021
Turnover (£000s): 8,037
Average turnover growth: 27.9%
Location: Blyth
Date of last analysed accounts: 30/11/2020
Turnover (£000s): 80,991
Average turnover growth: 25.8%
Location: North Shields
Date of last analysed accounts: 31/10/2020
Turnover (£000s): 8,146
Average turnover growth: 24.5%
Location: Jarrow
Date of last analysed accounts: 30/06/2020
Turnover (£000s): 1,995
Average turnover growth: 24.4%
Location: Gateshead
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 43,978
Average turnover growth: 24.1%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 184,901
Average turnover growth: 23.5%
Location: Middlesbrough
Date of last analysed accounts: 30/09/2020
Turnover (£000s): 4,894
Average turnover growth: 23.2%
Location: South Shields
Date of last analysed accounts: 30/09/2020
Turnover (£000s): 4,513
Average turnover growth: 23.0%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 33,057
Average turnover growth: 22.6%
Location: Gateshead
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 15,006
Average turnover growth: 22.4%
Location: Billingham
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 26,533
Average turnover growth: 21.7%
Location: Gateshead
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 5,487
Average turnover growth: 20.0%
Location: Hebburn
Date of last analysed accounts: 31/08/2020
Turnover (£000s): 4,600
Average turnover growth: 19.9%
Location: Swalwell
Date of last analysed accounts: 30/06/2020
Turnover (£000s): 4,896
Average turnover growth: 19.8%
Location: Bishop Auckland
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 28,849
Average turnover growth: 19.2%
Location: Newton Aycliffe
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 34,056
Average turnover growth: 19.1%
Location: Durham
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 1,584
Average turnover growth: 18.8%
Location: Durham
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 21,544
Average turnover growth: 17.4%
Location: Hebburn
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 44,278
Average turnover growth: 17.1%
Location: Darlington
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 9,962
Average turnover growth: 17.0%
Location: Durham
Date of last analysed accounts: 31/05/2020
Turnover (£000s): 23,840
Average turnover growth: 16.6%
Location: Berwick-Upon-Tweed
Date of last analysed accounts: 31/01/2020
Turnover (£000s): 38,583
Average turnover growth: 15.47%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 7,923
Average turnover growth: 15.46%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/04/2020
Turnover (£000s): 19,281
Average turnover growth: 15.37%
Location: Cramlington
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 24,450
Average turnover growth: 15.35%
Location: Sunderland
Date of last analysed accounts: 30/04/2020
Turnover (£000s): 120,119
Average turnover growth: 15.3%
Location: Cramlington
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 23,272
Average turnover growth: 15.0%
Location: Whitley Bay
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 11,237
Average turnover growth: 14.6942%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 195,908
Average turnover growth: 14.694%
Location: Newton Aycliffe
Date of last analysed accounts: 31/05/2020
Turnover (£000s): 2,100
Average turnover growth: 14.6%
Location: Darlington
Date of last analysed accounts: 31/01/2020
Turnover (£000s): 25,009
Average turnover growth: 14.1%
Location: Gateshead
Date of last analysed accounts: 31/12/2019
Turnover (£000s): 28,286
Average turnover growth: 14.0%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/03/2020
Turnover (£000s): 16,915
Average turnover growth: 13.4%
Location: Stockton-On-Tees
Date of last analysed accounts: 30/06/2020
Turnover (£000s): 16,514
Average turnover growth: 12.7%
Location: Cramlington
Date of last analysed accounts: 31/07/2020
Turnover (£000s): 29,727
Average turnover growth: 12.4%
Small business – turnover between £1m – £10m
Medium business – turnover between £10m – £25m
Large business – turnover over £25m
The companies in this list have been selected as the fastest growing profit-making, private, regional companies, based on turnover growth.
Information has been compiled using data which is publicly available at Companies House of UK listed companies.
The average turnover growth has been assessed on a percentage increase based on the difference between turnover figures filed for the last three years.
To qualify, companies must be trading entities and have turnover in excess of £1m in the last three years of filed accounts, which are up to date as at 31st July 2021. Companies must also have made profits in each of the past three years’ accounts. Companies must have filed new accounts since the deadline for last years awards.
Private limited companies which are subsidiaries of listed companies do not qualify.
Subsidiaries of foreign-controlled companies have been accepted if they have headquarters or a decision-making function in the region.
Ward Hadaway and The Journal do not accept responsibility for any errors or omissions.