We are delighted to publish the North East Fastest 50 list for 2022, in partnership with The Journal, as well as reveal this year's winners - those companies who have come out top!
Congratulations to Coatsink Software Ltd who were crowned the North East’s Fastest Growing Business for 2022, as well as taking the Fastest Growing medium Business (turnover £10m-£30m) title.
The Storage Place Ltd won the award for the Fastest Growing Small Business (turnover less than £10m), whilst Casper Shipping Holdings Limited were named Fastest Growing Large Business (turnover more than £30m).
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
Medium and overall winners M
Location: Gateshead
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 15,452
Average turnover growth: 121.20%
Small winners S
Location: Gateshead
Date of last analysed accounts: 30/09/2021
Turnover (£000s): 6,663
Average turnover growth: 96.60%
Location: Middlesbrough
Date of last analysed accounts: 30/06/2021
Turnover (£000s): 19,497
Average turnover growth: 93.61%
Location: Willington
Date of last analysed accounts: 31/10/2021
Turnover (£000s): 16,108
Average turnover growth: 90.34%
Large winners L
Location: Middlesbrough
Date of last analysed accounts: 31/12/2021
Turnover (£000s): 30,455
Average turnover growth: 82.47%
Location: Billingham
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 37,829
Average turnover growth: 60.61%
Location: Jarrow
Date of last analysed accounts: 30/06/2021
Turnover (£000s): 4,180
Average turnover growth: 58.77%
Location: Stanley
Date of last analysed accounts: 28/02/2021
Turnover (£000s): 3,456
Average turnover growth: 52.86%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 3,338
Average turnover growth: 52.25%
Location: Middlesbrough
Date of last analysed accounts: 30/09/2021
Turnover (£000s): 7,758
Average turnover growth: 51.47%
Location: Gateshead
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 67,799
Average turnover growth: 51.30%
Location: Newton Aycliffe
Date of last analysed accounts: 30/06/2021
Turnover (£000s): 35,390
Average turnover growth: 46.86%
Location: Consett
Date of last analysed accounts: 30/09/2021
Turnover (£000s): 7,065
Average turnover growth: 44.66%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 16,091
Average turnover growth: 42.13%
Location: Billingham
Date of last analysed accounts: 31/08/2021
Turnover (£000s): 6,063
Average turnover growth: 41.61%
Location: Stockton-On-Tees
Date of last analysed accounts: 28/02/2021
Turnover (£000s): 35,561
Average turnover growth: 39.89%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2021
Turnover (£000s): 281,017
Average turnover growth: 39.25%
Location: Hebburn
Date of last analysed accounts: 30/09/2021
Turnover (£000s): 7,716
Average turnover growth: 38.64%
Location: South Shields
Date of last analysed accounts: 31/03/2022
Turnover (£000s): 4,895
Average turnover growth: 38.60%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 9,120
Average turnover growth: 38.56%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/06/2021
Turnover (£000s): 8,244
Average turnover growth: 36.79%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 55,984
Average turnover growth: 35.96%
Location: Houghton Le Spring
Date of last analysed accounts: 31/12/2021
Turnover (£000s): 43,989
Average turnover growth: 35.00%
Location: Peterlee
Date of last analysed accounts: 31/05/2021
Turnover (£000s): 2,718
Average turnover growth: 32.28%
Location: Washington
Date of last analysed accounts: 30/09/2021
Turnover (£000s): 4,046
Average turnover growth: 31.46%
Location: Jarrow
Date of last analysed accounts: 31/03/2021
Turnover (£000s): 3,385
Average turnover growth: 31.08%
Location: North Shields
Date of last analysed accounts: 05/04/2021
Turnover (£000s): 3,526
Average turnover growth: 29.97%
Location: Hebburn
Date of last analysed accounts: 31/07/2021
Turnover (£000s): 2,288
Average turnover growth: 29.75%
Location: Barnard Castle
Date of last analysed accounts: 31/12/2021
Turnover (£000s): 13,259
Average turnover growth: 29.62%
Location: Guisborough
Date of last analysed accounts: 31/05/2021
Turnover (£000s): 4,830
Average turnover growth: 28.99%
Location: Gateshead
Date of last analysed accounts: 31/01/2021
Turnover (£000s): 3,746
Average turnover growth: 28.72%
Location: Wallsend
Date of last analysed accounts: 31/03/2022
Turnover (£000s): 4,807
Average turnover growth: 27.71%
Location: Cramlington
Date of last analysed accounts: 31/01/2021
Turnover (£000s): 20,343
Average turnover growth: 26.97%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/09/2021
Turnover (£000s): 25,685
Average turnover growth: 26.85%
Location: South Shields
Date of last analysed accounts: 31/07/2021
Turnover (£000s): 30,472
Average turnover growth: 26.28%
Location: Washington
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 39,256
Average turnover growth: 24.20%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2021
Turnover (£000s): 199,167
Average turnover growth: 21.62%
Location: Chester Le Street
Date of last analysed accounts: 31/03/2022
Turnover (£000s): 25,970
Average turnover growth: 21.43%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 42,363
Average turnover growth: 21.26%
Location: Stockton-on-Tees
Date of last analysed accounts: 30/11/2021
Turnover (£000s): 32,310
Average turnover growth: 20.15%
Location: Billingham
Date of last analysed accounts: 31/12/2020
Turnover (£000s): 27,648
Average turnover growth: 19.97%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/04/2021
Turnover (£000s): 24,194
Average turnover growth: 19.35%
Location: Shildon
Date of last analysed accounts: 31/07/2021
Turnover (£000s): 39,535
Average turnover growth: 19.26%
Location: Durham
Date of last analysed accounts: 31/05/2021
Turnover (£000s): 28,793
Average turnover growth: 19.20%
Location: Ashington
Date of last analysed accounts: 31/03/2022
Turnover (£000s): 3,531
Average turnover growth: 17.26%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2021
Turnover (£000s): 89,976
Average turnover growth: 17.25%
Location: Berwick-Upon-Tweed
Date of last analysed accounts: 31/01/2021
Turnover (£000s): 45,785
Average turnover growth: 17.06%
Location: Washington
Date of last analysed accounts: 31/03/2021
Turnover (£000s): 1,572
Average turnover growth: 16.72%
Location: Middlesbrough
Date of last analysed accounts: 28/02/2022
Turnover (£000s): 16,527
Average turnover growth: 16.58%
Location: Alnwick
Date of last analysed accounts: 31/12/2021
Turnover (£000s): 45,987
Average turnover growth: 16.41%
Small business – turnover between £1m – £10m
Medium business – turnover between £10m – £30m
Large business – turnover over £30m
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 2022. 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.