Doncaster’s ‘fantastic five’ companies are celebrating a combined growth of around £55 million - confirming the town’s position as a major business powerhouse in the region.
A total of five town firms have muscled their onto the Rapid Growth Survey - an annual list of the top 30 fastest growing companies across the Sheffield City Region.
Together the five Doncaster firms - Alan Auld Associates, NMC Group Ltd, Kaye Alluminium Holdings, Navartis Doncaster and McGregor Logistics - represented a combined turnover growth of around £55m when compared with financial results from previous years.
Business leaders said this week that Doncaster’s strong presence on the table shows that the town is packing a punch when it comes to economic growth.
Dan Fell, chief executive officer of Doncaster Chamber, said: “The results chimes with other recently reported statistics that have seen Doncaster do better than the national average for private sector job creation, and also the fact that skilled employment is at its highest for many years.
“All in, this paints a picture of Doncaster that is buoyant, punching its weight within the region and that bodes well for future success.”
Doncaster mayor Ros Jones added: “Jobs and growth have always been a top priority so it is pleasing to see Doncaster firms making good progress on this front. My congratulations go to all of these companies on their success.
“Doncaster has a range of coordinated initiatives and schemes in place to invest in our future and create a more balanced economy, which delivers more high quality jobs that pay good wages.
“Great Yorkshire Way, National College for High Speed Rail, Civic and Cultural Quarter, DN7 Unity project, the European Tour backed golf complex, the Education and Skills Commission and the launch of the Doncaster Story are just a few of the key projects we have underway or in the pipeline to ensure Doncaster continues to lever in new investment and supports its local businesses. We have lots to look forward to and I am sure we will see even more success stories in the coming years.”
Collectively the five companies showed turnover for the latest year end was worth more than £125m. This figures two years ago was around £70m - representing a joint turnover increase of about £55m.
Alan Auld Associates, which specialises in designing deep mine shafts for mining projects worldwide, is ranked highest out of the Doncaster contingent at number 14. It had a turnover of just over £7.8 m, compared with £4.1m two years ago. This represents a turnover increase of just under 90 percent.
Civil engineering firm NMC Group Ltd, which recently resurfacing 12,500m2 of outdoor footpath’s at the Yorkshire Wildlife Park, had £11.8m turnover; Wheatley Hills-based Kaye Alluminium Holdings, which was recently rebranded as Exlabesa and makes aluminium applications for various market sectors, had over £68m turnover; recruitment firm Navartis Doncaster had £29.4m turnover, and Warmsworth-based McGregor Logistics had £8.4m turnover.
The table was based on which firm had the biggest increase in turnover from two years ago to now, rather than who had the biggest standalone turnover figure for this year.
Katy Williams, operations director at McGregor Logistics, said: “The company has always enjoyed growth but particularly in the last couple of years. Demand for our services is growing.
“We opened a new depo at the back end of 2013 and that has now become profitable. We have also set on new staff recently, including about 10 drivers, four warehouse staff and two admin workers.”
The Rapid Growth Survey is in its ninth year and is compiled by Sheffield-based BHP Chartered Accountants.
David Bellamy, BHP manager, said: “This year’s Rapid Growth Survey shows that companies in Sheffield City Region achieved record levels of growth.
“The top 30 companies on average achieved revenue growth of 102 percent. This is the highest average growth recorded since the survey’s inception in 2008.“
*See this week’s Doncaster Free Press for the Doncaster Business Monthly supplement.