LOCAL AREA SUMARY:
Total number of scaleups
No. by employee growth
No. by turnover growth
No. by employee and turnover growth
Top 5 Visible Scaleups by Employee Growth
Wales & West Utilities
Wales & West Utilities operates a gas distribution network in Wales and South West England.
Watkin Jones Group
Watkin Jones Group provides a range of construction and development services, including residential, commercial and industrial developments.
Mon Motors operates multiple car dealerships, selling a range of new and used cars, and providing vehicle repair and customisation services.
The Trade Centre Wales
The Trade Centre Wales operates a number of car dealership ‘superstores’ that sell used cars.
SPTS Technologies provides a range of micro manufacturing systems to the electronics manufacturing industry.
Top 5 Visible Scaleups by Turnover Growth
Expert Group provides recruitment and training services for driver related jobs.
SIPHON Networks provides technology for cloud based voice and unified communications technology.
Acquis Insurance Management
Acquis Insurance Management provides insurance brokerage services.
Jehu Group offers a range of construction services.
Crusader Medical Care
Crusader Medical Care provides a range of nursing and care services.
Local LEP ScaleUp Programmes
The Development Bank of Wales – a wholly-owned subsidiary of the Welsh Government – provides Welsh businesses with capital to start up, strengthen and grow, and directs public funds to where they can have the most impact. The bank provides loans, property loans, seed and acquisition finance and equity investments between £50,000 to £5m. In the last financial year it made 457 direct investments worth £103m into Welsh businesses, an increase of nearly 30% over the previous year. Further private sector capital of £75.9m was invested alongside its funds.
The Bank has a network of dedicated, local account managers who also make referrals to Business Wales for business advice and support. Business Wales delivers an Accelerated Growth Programme via a team of highly experienced and proven high growth entrepreneurs targeted at high growth businesses who want to enter their next phase of growth. Participants receive access to professional advisers, 1:1 coaching and mentoring and masterclasses in management development.
The key barriers to growth are Equity finance/Growth capital, Markets in the UK and Talent. They are looking for support through Innovate UK, Business Wales/Busnes Cymru, public sector funding for innovation/R&D and British Business Bank.
Top barriers to growth
- Equity finance/Growth capital
- Markets in the UK
want TO SEE more of:
- Innovate UK
- Business Wales/Busnes Cymru
- Public sector funding for innovation/R&D
- British Business Bank