We are delighted to publish the North East Fastest 50 list for 2024, in partnership with The Journal, as well as reveal this year's winners - those companies who have come out top!
Congratulations to RE:GEN North East Limited who were crowned the North East’s Fastest Growing Business for 2024, as well as taking the Fastest Growing Large Business (turnover over £30m) title.
OES Group Ltd won the award for the Fastest Growing Medium Business (turnover between £10m and £30m), whilst Troo Ltd were named Fastest Growing Small Business (turnover less than £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.
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.
Filter: Large Businesses (L), Medium businesses (M), Small businesses (S) or View All
Large and Overall Winners L
Location: Sunderland
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 40,448
Average turnover growth: 201.79%
Medium Winners M
Location: Chester Le Street
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 10,822
Average turnover growth: 131.22%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 36,284
Average turnover growth: 99.46%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/07/2023
Turnover (£000s): 13,606
Average turnover growth: 92.28%
Small Winners S
Location: Sunderland
Date of last analysed accounts: 30/09/2023
Turnover (£000s): 6,600
Average turnover growth: 91.49%
Location: Gateshead
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 13,752
Average turnover growth: 74.95%
Location: Middlesbrough
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 3,081
Average turnover growth: 67.30%
Location: Stockton-On-Tees
Date of last analysed accounts: 30/06/2023
Turnover (£000s): 37,914
Average turnover growth: 67.09%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/06/2023
Turnover (£000s): 7,163
Average turnover growth: 60.87%
Location: Durham
Date of last analysed accounts: 30/04/2023
Turnover (£000s): 12,517
Average turnover growth: 59.38%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 141,793
Average turnover growth: 59.15%
Location: Billingham
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 25,388
Average turnover growth: 58.75%
Location: Cramlington
Date of last analysed accounts: 31/10/2023
Turnover (£000s): 3,009
Average turnover growth: 57.89%
Location: Darlington
Date of last analysed accounts: 31/10/2023
Turnover (£000s): 22,333
Average turnover growth: 57.71%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 28/02/2024
Turnover (£000s): 5,577
Average turnover growth: 56.45%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 28/02/2023
Turnover (£000s): 18,931
Average turnover growth: 54.47%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 14,386
Average turnover growth: 52.91%
Location: Gateshead
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 17,242
Average turnover growth: 51.62%
Location: Middleton St. George
Date of last analysed accounts: 30/11/2022
Turnover (£000s): 56,365
Average turnover growth: 51.58%
Location: Newton Aycliffe
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 28,382
Average turnover growth: 50.01%
Location: Jarrow
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 16,180
Average turnover growth: 49.48%
Location: Berwick-Upon-Tweed
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 273,817
Average turnover growth: 48.93%
Location: North Shields
Date of last analysed accounts: 31/07/2023
Turnover (£000s): 18,912
Average turnover growth: 48.21%
Location: Alnwick
Date of last analysed accounts: 28/02/2023
Turnover (£000s): 39,777
Average turnover growth: 47.96%
Location: Billingham
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 25,934
Average turnover growth: 47.47%
Location: Middlesbrough
Date of last analysed accounts: 31/01/2023
Turnover (£000s): 30,516
Average turnover growth: 46.36%
Location: Gateshead
Date of last analysed accounts: 30/06/2023
Average turnover growth: 45.80%
Location: Cramlington
Date of last analysed accounts: 30/06/2023
Turnover (£000s): 88,456
Average turnover growth: 45.59%
Location: Prudhoe
Date of last analysed accounts: 30/09/2023
Turnover (£000s): 18,800
Average turnover growth: 45.07%
Location: Prudhoe
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 82,673
Average turnover growth: 44.70%
Location: Gateshead
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 54,937
Average turnover growth: 44.08%
Location: Blaydon-On-Tyne
Date of last analysed accounts: 31/01/2024
Turnover (£000s): 23,657
Average turnover growth: 43.12%
Location: Redcar
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 3,483
Average turnover growth: 42.53%
Location: Durham
Date of last analysed accounts: 30/06/2023
Turnover (£000s): 5,590
Average turnover growth: 42.21%
Location: Bishop Auckland
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 18,266
Average turnover growth: 41.33%
Location: Sunderland
Date of last analysed accounts: 31/08/2023
Turnover (£000s): 5,450
Average turnover growth: 41.31%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 11,054
Average turnover growth: 40.68%
Location: Bishop Auckland
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 54,421
Average turnover growth: 39.68%
Location: East Boldon
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 3,412
Average turnover growth: 38.75%
Location: Peterlee
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 29,032
Average turnover growth: 38.24%
Location: Middlesbrough
Date of last analysed accounts: 31/03/2023
Average turnover growth: 38.24%
Location: Bishop Auckland
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 36,385
Average turnover growth: 36.51%
Location: Middlesbrough
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 126,358
Average turnover growth: 36.04%
Location: Blaydon-On-Tyne
Date of last analysed accounts: 31/03/2023
Turnover (£000s): 14,164
Average turnover growth: 35.58%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/05/2023
Turnover (£000s): 14,964
Average turnover growth: 34.49%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/10/2023
Turnover (£000s): 56,157
Average turnover growth: 34.46%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/10/2023
Turnover (£000s): 32,230
Average turnover growth: 34.30%
Location: Durham
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 13,874
Average turnover growth: 33.93%
Location: Durham
Date of last analysed accounts: 31/05/2023
Turnover (£000s): 51,746
Average turnover growth: 33.53%
Location: Gateshead
Date of last analysed accounts: 31/12/2022
Turnover (£000s): 22,080
Average turnover growth: 33.23%
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 or by verification of smaller firms’ abbreviated accounts.
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 2024. 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.