LOCAL AREA SUMARY:

Worcestershire

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

Westbridge Foods
Westbridge Foods develops, sources and distributes poultry products and prepared foods such as chicken satay sticks.

Speller Metcalfe
Speller Metcalfe operates a building contractors, providing services including refurbishment, land acquisition and sustainable construction both for businesses and consumers requiring affordable housing.

Gtech
Gtech produces cordless vacuum cleaners, garden tools, power sweepers and electronic bikes.

The Tyre Group
The Tyre Group operates a number of tyre supply and car repair companies.

Lioncourt Homes
Lioncourt Homes develops residential property.

Top 5 Visible Scaleups by Turnover Growth

English Braids
English Braids manufactures ropes, braids and cords. Their more durable ropes are used predominantly in aerial safety, for lifting objects and in the marine sector, whereas their cords are used in window blind production.

Barrie Beard
Barrie Beard provides electrical services, both as part of major contracting projects and to the public via an advice counter.

The Tyre Group
The Tyre Group operates a number of tyre supply and car repair companies.

Industrial & Tractor
Industrial & Tractor supplies tubular components to a range of industries from agricultural to automotive.

Heritage Manor
Heritage Manor operates a number of care homes that provide residency and care services for the elderly with dementia.

Local LEP ScaleUp Programmes

Scaleups can benefit from the 12-month Business Growth programme delivered by BizSmart with regular tutorials and exercises as well in-depth analysis of business performance. BizSmart also provides SmartBoards which deliver peer-to-peer networking for growth and scaleup companies supported by business experts.

BetaDen provides a platform for businesses to develop next-generation technology, such as the internet of things and industry 4.0. BetaDen also offers entrepreneurs, startups and scaleup businesses a package of business support including free office space, mentorship from selected experts, access to Worcestershire’s 5G testbed advice and proof of concept funds.

The LEP also organises a series of peer-to-peer initiatives: “Inspiring Growth-Journey to Success”, “Scale-up Club events held in partnership with BizSmart and Accelerating Growth targeted at businesses with 5+ employees and turnover above £500k to discuss major issues around growing a business with specially invited like-minded business leaders. Four events were delivered between January 2020 to July 2020.

Scaleup Views

The key barriers to growth are Markets internationally, Talent and Bank/debt finance. They are looking for support through UKEF, DIT, LEPs/Growth Hubs, public sector funding for innovation/R&D and procurement contracts.

Top barriers to growth

  • Markets internationally
  • Talent
  • Bank/debt finance

want TO SEE more of:

  • UKEF
  • DIT
  • LEPs/Growth Hubs
  • Public sector funding for innovation/R&D
  • Procurement contracts

The LEP continues to develop the BetaDen programme and recently hired a Programme Funding Manager to help raise external finance for the initiative.