The Truro-based provider of vehicle and asset finance for UK SMEs, Ignition, has made the Western Morning News Fast Growth 75 list for the fifth consecutive year, and has been placed in the top 20 for the second year running.
Compiled in partnership with accountancy firm KPMG and law firm Stevens Scown, the list is the ‘who’s who’ for businesses in the Devon and Cornwall region that have grown and expanded, creating jobs and wealth.
To be included in the list, companies need to have a registered office and to operate from Devon or Cornwall, have a turnover greater than £100,000 in the first of the four years’ accounts reviewed and over £1 million in the latest year, and have a consistent reporting structure throughout the four years. All the companies that met these criteria were then ranked by mean sales growth over the four-year period to arrive at the final list of 75.
Ignition’s Managing Director Paul Caunter comments, “We’re immensely proud to have made the Fast Growth 75 list again, and to have equalled our 19th position. The list tends to change significantly every year, with more than half the companies included this year not ranked last year. This makes it all the more remarkable that we have featured consistently for five years and kept our place near the top of the table.”
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