Research report 2017 - Fast Track

Ecommerce. 11. Innovaton and R&D. 12. Targeting emerging markets. 13. Exporting for growth. 14. Emerging brands. 15. 2017 SME EXPORT TRACK 100 ...... Equator Design. Food packaging consultancy. Manchester. Dec 15. 73.19% 10,392. 16,924. 242. Designed own-label packaging for Aldi stores in the US and ...
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Research report 2017

SME Export Track 100 research report 2017

Britain's small and medium-sized (SME) companies with the fastest-growing international sales

Sponsored by

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SME Export Track 100 research report 2017

CONTENTS

© 2017 SME Export Track 100

INTRODUCTION Top 10 SME Export Track 100 companies

1 1

EXECUTIVE SUMMARY Overview of the 2017 league table Key themes

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KEY STATISTICS International sales breakdown Overseas markets Sector breakdown Industry breakdown Regional breakdown Staff and job creation Main ownership Foundation dates Brexit

3 3 4 5 6 6 7 7 7 8

KEY THEMES & SELECTED COMPANY PROFILES New exporters Building a distribution network Ecommerce Innovaton and R&D Targeting emerging markets Exporting for growth Emerging brands

9 9 10 11 12 13 14 15

2017 SME EXPORT TRACK 100 LEAGUE TABLE

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METHODOLOGY Qualification criteria Research approach Disclaimers

20 20 21 21

SPONSORS & MEDIA PARTNER

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ABOUT FAST TRACK Compiler & publisher The authors Fast Track

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CONTACT DETAILS

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fasttrack.co.uk

SME Export Track 100 research report 2017

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INTRODUCTION This is the third year of The Sunday Times SME Export Track 100, which ranks Britain’s one hundred small and medium-sized (SME) companies with the fastest-growing international sales over their latest two years. Lloyds Banking Group is the title sponsor, the main sponsors are DHL Express and Heathrow Airport, and it is supported by the government’s Exporting is GREAT campaign.

The No 1 company is naughtone, which makes contemporary chairs, sofas and tables to furnish Nike, Google and Amazon offices

SMEs are defined as companies with total sales of £5m to £25m in their latest year of available data; whereas, our International Track 200 ranks larger exporters with total sales of more than £25m. This year's league table reflects the importance of Europe and North America to SME exporters at a time of political uncertainty following Britain's vote to leave the EU and the election of Donald Trump as US president. Eighty-five of the companies sell to the continent, making it the most popular market, followed by North America (77). The 100 companies have achieved, on average, international sales growth of 72% a year over their latest two years of accounts to a total of £677m on combined total sales of £1.2bn. They export to all corners of the globe and employ more than 8,000 staff, having added almost 3,000 jobs over the last two years. Featured companies include emerging brands such as drinks manufacturer Fentimans (No 30), watersports equipment designer Red Paddle Co (No 51), hobby retailer Crafter's Companion (No 52) and footwear designer Butterfly Twists (No 83).

Top 10 SME Export Track 100 companies Rank Company [2016] Activity

HQ location

Annual int'l sales growth Year end over 2 yrs§

Int'l sales £000

Total sales £000

Staff Comment

1

naughtone North Yorkshire Furniture designer & manufacturer

May 16

279.0%

*†4,480

*†9,617

24

Its contemporary furniture features in Google's San Francisco offices

2

Duronic Romford Consumer products manufacturer

Oct 16

274.22%

*4,315

*10,789

45

Is planning to expand into the US, India and the Middle East Helps global banks to migrate their services to the cloud

3 Xceed [56] IT management consultancy

Central London

Nov 15 180.93%

10,131

20,239

141

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