LOCAL AREA SUMARY:

Dorset

Total number of scaleups

No. by employee growth

No. by turnover growth

No. by employee and turnover growth

Total employees

Total turnover

Top 5 Visible Scaleups by Employee Growth

McCarthy & Stone
McCarthy & Stone operates a property construction company, specialising in new build residential developments which are used as retirement homes.

Richmond Group
Richmond Group lends to businesses, and builds proptech, edtech and fintech companies such as Amigo , which provides guarantor loans to customers previously turned away by conventional banks based on their credit scores.

C G Fry & Son
C G Fry & Son provides construction services to an array of industries, including residential, commercial and education.

Clipper Contracting
Clipper Contracting provides financial and accountancy services to temporary workers, including payroll and expense management.

Ceuta Group
Ceuta Group operates as a holdings company in the outsourcing industry, specialising through various subsidiaries in sales, brand management and marketing amongst others.

Top 5 Visible Scaleups by Turnover Growth

Cynergy3
Cynergy3 manufactures a variety of electrical components, specialising in liquid level, flow and pressure sensors.

Sunseeker Poole
Sunseeker Poole manufactures luxury motor yachts and offers marine services.

Iracroft
Iracroft manufactures a wide range of metal tubes and pipes.

Luxurycare Group
Luxurycare Group operates a chain of nursing and care homes.

Reliance Scrap Metal
Reliance Scrap Metal collects and recycles scrap metals.

Local LEP ScaleUp Programmes

Dorset LEP is partnering with accountancy firm Smith & Williamson to provide a funded programme of support for local scaleups and those in the pipeline. Aimed at directors, owners and CEOs, it offers a tailored package of support to help individual businesses understand their major challenges and opportunities and devise an action plan for growth. Themes include: Creating the foundations for growth; Operating effectively at scale; Attracting & retaining talent; and Raising finance & choosing funding options for growth. A number will also receive extended, funded support from specialist advisers outside the programme.

The LEP is also piloting a funded package of Innovation Design Support in partnership with Arts University Bournemouth (AUB). AUB already run two European funded innovation support programmes aimed at helping local high-growth potential SMEs. Having helped local businesses secure nearly £1m in Innovate UK Grant funding since June 2018, Dorset LEP’s fully-funded support service has been tailored to provide additional support, by giving more time and resources which will be spent helping ambitious, high-growth businesses.

Scaleup Views

The key barriers to growth are Bank/debt finance, Markets in the UK and Markets internationally. They are looking for support through public sector funding for innovation/R&D, procurement contracts, British Business Bank and local or national government.

Top barriers to growth

  • Bank/debt finance
  • Markets in the UK
  • Markets internationally

want TO SEE more of:

  • Public sector funding for innovation/R&D
  • Procurement contracts
  • British Business Bank
  • Local or national government

Dorset LEP is investing £1.5 million of the Government’s Local Growth Fund towards the construction of a new Defence Innovation Centre at Dorset Innovation Park, the county’s Enterprise Zone. The investment will be matched by £3.1 million from the Ministry of Defence (MOD) and £1.1 million from Dorset Council. Aiming to be operational by Spring 2021, the new Defence Innovation Centre will provide 1,100m2 new office space and 450m2 new workshop space for MOD innovation, and associated conference and collaboration space.