Adderstone Group

Adderstone 1993 Limited named amongst UK's most inspiring companies

03 November 2020 Written by Nicola Hughes
Fleming Building

Twenty-five businesses from the North East have made it on to a list of the UK’s most inspiring companies, including Adderstone 1993 Limited.

 

Firms including Adderstone 1993 Limited, online clothing retailer END and Northumberland Estates are included on the London Stock Exchange’s annual 1,000 Companies to Inspire Britain report.

The report lists the country’s fastest-growing SMEs and highlights innovation shown by the companies involved.

Other North East firms to feature on the list include Crafter’s Companion, Fentimans, Kromek and Montane.

David Schwimmer, CEO of the London Stock Exchange Group, said: “This report highlights the vital role of SMEs in driving economic growth, leading innovation and providing jobs across the UK.

“In this challenging year for businesses, it is more important than ever to shine a light on these stories of resilience and entrepreneurship.

“The success of UK SMEs is crucial as we rebuild a post Covid-19 economy, and London Stock Exchange Group is committed to helping growth companies achieve their potential.”

Adderstone Group CEO Founder, Ian Baggett said: It is a real surprise for one of our businesses to be included in this list alongside some prestigious company. This report demonstrates that the North East is a great place to build a business and we hope others can be inspired by our story.”

The London Stock Exchange’s annual ‘1,000 Companies to Inspire Britain’ report is based on growth in turnover over the last three years, with companies of between £6m and £250m eligible.

 

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