Nottinghamshire Top 200 Companies 2016
Nottinghamshire's second annual Top 200 Companies list was launched June 14 at a business breakfast event in Nottingham city centre hosted by the Nottingham Post and sponsors KPMG. 120 people attended to find out which companies had made the top 200 list and to celebrate the strength and diversity of Nottinghamshire business.
Nottingham Post editor Mike Sassi welcomed guests and said that he wants Nottinghamshire businesses to be at the centre of the "Midlands engine."
The Top 200 was researched and compiled by Professor David Paton and Dr Danny McGowan of the Industrial Economics and Finance Division at Nottingham University Business School.
Boots make the top spot
A number of awards were presented at the launch event including Company of the Year, with the number one spot going to Boots. Although now American-owned by parent company Walgreens Boots Alliance, UK executive vice-president Simon Roberts said Boots will always have Nottingham at its heart and he accepted the award on behalf of the thousands who work across the business in the UK.
Introducing the Top 200 list, Professor Paton said: "Flexibility, innovation and change management are key characteristics of top companies. We are very proud of our second Top 200 list. One of the most pleasurable things for me and for the university is coming across Nottingham graduates who now feature in the list. The links we have in the business school with national and local businesses are really at the heart of what we do.
"One of the big features of the list both this year and last year is the huge diversity of business activity. From retail, which features heavily, and public sector related activity also coming in strongly, to traditional manufacturing, financial services and of course the fast-growing high-tech service sector. It is really great to see."
Bridgeway Consulting climbs 87 places
The Highest Riser award went to Nottingham-based Bridgeway Consulting, a consulting and contracting company which works on high-profile rail projects, after climbing 87 places from 182nd position in the 2015 listing to the rank of 95th largest company in the 2016 list.
WH Davis, based in Mansfield, which is the last independent freight wagon manufacturer in the UK and also designs and manufactures bespoke containers and industrial trailers, received the highest new entry award after entering this year's Top 200 list in 79th position.
How the list was constructed
The approach to compiling the list is the same one that was used in 2015. Companies are eligible for inclusion if they are active (i.e. not in receivership or dormant), their registered office is located within Nottinghamshire and they report independent accounts. This means that companies with significant operations in the county but with the head office registered elsewhere are excluded.
On the other hand, subsidiaries whose parent company is based outside the county can be included as long as they report separate accounts. The list also includes registered companies operating in the public sector.
The main source for the data is FAME (Financial Analysis Made Easy), a database providing information based on published accounts for nearly 3 million public and private companies.
The researchers also gathered data from other sources including Companies House records.
The ranking has been done by annual turnover. For insurance companies, gross premium written is used while for building societies, total net income is used.
The researchers from the Business School measured turnover using the latest reporting period for each company. To allow for delays in reporting of accounts, they considered companies as long as the date of their latest accounts was after March 31, 2014.
Read more about the Top 200 Companies in the Nottingham Post
Posted on Wednesday 15th June 2016