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

Lamex Food Group
The Lamex Food Group distributes a variety of frozen and chilled food products.

JRL Group
JRL Group offers a comprehensive range of construction services such as concrete framing, demolition and bespoke project work.

BrightHouse sells household goods including home electronics and furniture as part of a rent-to-own system, allowing customers to make weekly payments rather than paying upfront for the goods.

JSA Group
JSA Group operates an umbrella company of payroll and accounting businesses for the contracted and temporary working industry.

Churchill offers security, cleaning, catering, building maintenance and a range of other professional services to businesses.

Top 5 Visible Scaleups by Turnover Growth

WGK provides a range of professional services to the pharmaceutical industry, including supply chain logistics, comparator sourcing and project management services.

Avinity develops a variety of programmes for businesses which are designed to increase the satisfaction and retention of their customers and staff. These include customer incentive and employee engagement schemes, and the introduction of a staff recognition platform called AvinityAlive.

Focus Hotels Management
Focus Hotels Management provides management consultancy services for hotels.

Aspin Group
The Aspin Group of engineering companies designs and constructs foundations for railway lines.

West One Loans
West One Loans provides short-term bridging loans for commercial and residential properties.

Local LEP ScaleUp Programmes

Scaleups can access 2-12 hours of advice with a growth export and are signposted to a number of programmes. These include: Innovate 2 Succeed – a mentoring service to help SMEs enhance their innovative capabilities and exploit their ideas commercially; Get Growing which provides access to a Growth Account Manager who carries out an in-depth analysis of the business and puts a growth action plan in place and Business Expansion Grant Scheme – a capital grant scheme designed to help growing and scale up SMEs secure 50% grant funding to support major capital investment programmes to boost productive and digital capacity.

The LEP also provides a Low Carbon Innovation Fund II with £11m co-investment fund to help close private equity funding rounds worth at least £30m. LCIF2 invests in early and late stage ventures that make measurable reductions to Greenhouse Gas emissions, with the creation of financial return and sustainability as the fund’s primary objectives.

Scaleup Views

The key barriers to growth are Markets in the UK, Talent and Bank/debt finance. They are looking for support through local or national government, LEPs/Growth Hubs, Innovate UK and public sector funding for innovation/R&D.

Top barriers to growth

  • Markets in the UK
  • Markets internationally
  • Talent

want TO SEE more of:

  • Public sector funding for innovation/R&D
  • Innovate UK
  • LEPs/Growth Hubs
  • Procurement contracts

The LEP will continue to concentrate on scale-ups in addition to supporting the establishment and growth of start-ups. Work is underway on implementing a new Recovery Plan that focuses on skills, green investment and a targeted financial stimulus to get the Hertfordshire economy firmly back on the route to recovery.