Posted: 17/05/17 by Woodway UK Ltd
Woodway UK has been identified as one of London Stock Exchange Group’s (LSEG) 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.
Woodway UK have grown over nearly 40 years from selling a range of packaging materials to local businesses, to supplying major high street retailers, ecommerce retailers and third party logistics companies with all their packaging requirements.
Jason Inwood, Managing Director, Woodway UK: “This is the third year Woodway UK have been recognised by the LSEG and we are delighted to have been selected again as one of the 1000 Companies to Inspire Britain.
“In 2014 we were selected as one of the 1000 Companies to Inspire Britain and last year as one of the 1000 Companies to Inspire Europe, so to receive this recognition again, highlights the continued success Woodway have had through our dedicated team.
“We have seen growth year on year and with this we have invested back in the business by employing more staff, developing the skills of existing staff and investing in our products and services to our customers. On 30 December 2016 Woodway UK were acquired by Bunzl plc, the international distribution and outsourcing Group. We view this sale as essential to continue this rate of growth whilst still being able to enhance our customer proposition.
“To be recognised in the prestigious LSEG report is testament to all the hard work of the Woodway Team over the years.”
Xavier Rolet, Chief Executive, London Stock Exchange Group said: “Four years on, LSEG’s 1000 Companies to Inspire Britain’ report continues to highlight the dynamic, entrepreneurial and ambitious businesses across the country that are boosting UK productivity, driving economic growth and creating jobs.
“The strength and diversity of these companies are readily apparent with a broad mix of UK regions and sectors represented. These companies are the very heart of an ‘anti-fragile’ economy: more robust; more flexible and less prone to boom and bust. We must ensure we continue doing all we can to support high growth potential businesses like these.
“London Stock Exchange Group is fully committed to supporting and implementing initiatives which improve access to and cut the cost of finance for growing companies. We welcome the Government’s focus on supporting SMEs as part of its Industrial Strategy and await the outcome of its review into long-term patient capital.”
The Rt Hon Greg Clark, Secretary of State for Business, Energy and Industrial Strategy said: “I want to congratulate the 1000 companies from across the UK featured in London Stock Exchange Group’s pioneering 1000 Companies to Inspire Britain report. Championing high growth innovative SMEs is crucial for the continued success of the UK economy and a country that works for everyone. We are committed to ensuring that companies of all sizes can access finance to grow, scale-up and create high quality well-paid jobs across the country.”
A full searchable database of all of the companies along with a downloadable pdf of the publication can be found online at www.1000companies.com