LOCAL AREA SUMARY:

London

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

Greenergy
Greenergy transports and supplies road fuel.

Sovereign Global
Sovereign Global provides a range of maritime and peace-building services for governments, as well as training in a number of related areas.

ED&F Man
ED&F Man trades agricultural products, such as coffee and sugar.

Sunbelt Rentals
Sunbelt Rentals provides tools, machinery and equipment for hire & rental. These include power tools, forklifts and excavators, and pumps and power generators.

BestWay Wholesale
BestWay Wholesale operates a chain of convenience stores.

Top 5 Visible Scaleups by Turnover Growth

ATG Media
ATG Media develops white-label timed online auction software and websites.

Seedrs
Seedrs operates an FCA regulated equitycrowd funding platform. It allows entrepreneurs to raise money for projects online in exchange for equity.

Liberis
Liberis provides cash advances to small businesses based on their typical credit and debit card takings, designed to improve cash flow.

Goldcrest Land
Goldcrest Land operates a property construction company, specialising in buying undesirable brownfield sites without planning permission and redeveloping them by creating residential apartment blocks.

Fonix Mobile
Fonix Mobiledevelops mobile messaging and payment software for businesses in the telecoms, entertainment, and media sectors.

Local LEP ScaleUp Programmes

The London Business Hub provides London businesses with a dashboard of tailormade support to help them grow their business including webinars, property advice and peer networks. A panel of experts provides advice in specialist areas and businesses can access up to three hours of free support from professional services firms. The new Technology Adoption Service – a joint initiative with Greater Manchester Combined Authority – enables businesses to search for, discover and compare tech tools to make improvements and efficiencies in the day to day running of their business operations.

Scaleup Views

The key barriers to growth are Markets, Talent and Finance. They are looking for support through Public sector funding for innovation/R&D, Visas, Local or national government and Innovate UK.

Top barriers to growth

  1. Markets
  2. Talent
  3. Finance

want TO SEE more of:

  • Public sector funding for innovation/R&D
  • Visas
  • Local or national government
  • Innovate UK

The GLA is partnering with the Design Council, UCL’s CUSSH project, and the London Office for Technology and Innovation to deliver an £500,000 innovative programme, funded by LEAP, which will provide a collaborative, design-led approach to supporting London’s recovery post-pandemic.