Top 10 Companies in United Kingdom
The United Kingdom’s top companies are sensational collaborators for the companies in the world, especially in times of economic downturn. Through the different highs and lows in the year 2020-2021 due to pandemics, these companies have demonstrated high growth in their business. They had enviable growth rates in the year despite all Brexit and lockdown. These companies are recently shaping technology and driving economic growth at astonishing rates.
The tracking of 32k start-ups, high-growth businesses, and scaleups bring forward the list of top 10 companies in the UK in recent times. All these companies have the criteria such as
1)Raised equity fundings
2) Have reported the turnover of at least £100
3 Show comparable reports for years 2020 and
So, without wasting further time, let’s have a look at the top 10 companies in the UK that have had the highest growth in their turnovers.
1)Monzo
Established: 2015
Location: London
Turnover in the year 2019-2020- £ 19,702,000
Change in turnover – 641%
This company has almost double the revenue in the year achieved by any other business. It is a bank and has built its business on an app that accounts holders can access through their mobile phones. It has almost 4.2 million customers overseas and about 1000k staff in the UK and other countries.
2) Panaseer
Established: 2015
Location: Surrey
Turnover in the year 2019-2020 – £ 2.37M
Change in turnover- 234%
This is the company that develops software for the security of the data of the businesses. It offers continuous monitoring, data set of customers across IT estate in real-time and allows to see all assets kg the business on the platform. The founding team of the Panaseer earlier worked a the BAE systems, and this product software was found out of the creator’s own need for security and IT systems.
In recent times, the need for cyber security has increased, leading to the great Turner of the Panaseer company. The company has also created many job opportunities in recent years.
3)Bulb
Established: 2014
Location: London
Turnover in the year 2019-2020 – £ 823 M
Change in turnover- 350%
It is the only company to secure almost half increment in sales as that of Monzo. In order words, they are the suppliers of green energy, electricity formed from the solar wind, and hydro energy. The gas that they supply is 100% carbon neutral. They serve both businesses as well as household customers. In recent times, there has been increasing in demand for such services. There has been more awareness in people about renewable energy and how easy they are to use. This has led to the tremendous growth of the company.
4)Velocity
Established: 2014
Location: London
Turnover in the year 2019-2020 – £ 7.82 M
Change in turnover- 197%
It is the company that provides:
- Cargo consolidation.
- E-commerce services.
- Storage and forwarding services.
- Freight and delivery services in the UK.
- Amazon fulfillment services.
With the growing needs of all these services, the company has also grown in the times, and the Turner over has been 197% in the last year.
5)Tonik
Established: 2015
Location: Birmingham
Turnover in the year 2019-2020 – £ 81.1 M
Change in turnover- 194%
Toni is also the company that supplies green energy. They are also the producer and supplier of changeable motors or vehicles, solar panels, and chargeable home batteries. Their main aim is to grow the green energy usage among the Britons in their lives, especially in the place where they live and transport.
6) Oxygene
Established: 2011
Location: Oxford
Turnover in the year 2019-2020 – £ 2.69M
Change in turnover- 165%
It is the company that specializes in DNA researches and now is a contract research organization.
It helps the pioneer companies accelerate their discovery and manufacture of their gene therapies, CAR-T / cell therapies. They provide Adrienne technologies and service solutions to boost the transition between laboratory researching and clinical manufacturing. Human-induced pluripotent stem cells, cell line development, etc., have been researched by Oxygene.
7)Ensek
Established: 2010
Location: Nottingham
Turnover in the year 2019-2020 – £ 8.68M
Change in turnover- 149%
It is a company that has created an end-to-end software platform, SaaS known for powering the world’s leading energy suppliers. Their main mission is to remove the complexity of the energy supplying industries to focus on the third customers. They were first established in Nottingham, but now they also have branches in Australia, Belgium, New Zealand, etc. They have many clients over the UK, and also many renowned companies show trust in this company for reducing the complexity of energy supplies.
8)Capital on Tap
Established: 2012
Location: London
Turnover in the year 2019-2020: £ 39.9M
Change in turnover: 127%
The company develops the business tools for achieving great things. They hold business lending licenses. They have helped over 120,000 businesses across the UK by providing them fundings. They provide business cards and loans. They allow quick and hassle-free fundings for businesses in need. This way, they have helped the new businesses in the UK to grow more.
9)Cloud Factory
Established: 2011
Location: Reading
Turnover in the year 2019-2020: £ 16 M
Change in turnover: 116%
Cloud Factory is a provider of human-powered data processing for accelerating Artificial intelligence and automation. Their services include natural language processing, data processing.
10)Masthaven
Established: 2004
Location: London
Turnover in the year 2019-2020: £ 28.3M
Change in turnover: 104%
Masthaven is a bank that was awarded a banking license in 2016, but they have been providing a flexible and personalized approach in bridging loan services since 2004. They have been specialized in providing fixed-term savings accounts, development of finances, mortgages, and bridging loans.
So, the above mentioned are the top 10 companies in the United Kingdom in the year 2020. These are the companies mentioned by Forbes as the top fastest-growing companies in the UK. We have listed them according to change in their Turner over from the year 2019 to the year 2020.
