LSE report recognises National Windscreens
National Windscreens has announced that it has been identified as one of London Stock Exchange’s ‘1000 Companies to Inspire Britain’.
The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.
First established in 1982, National Windscreens is now the UK’s largest independently owned windscreen replacement and repair specialist, operating 108 fitting centres and 800 mobile glazing technicians throughout the country. The company’s customer focussed business strategy has resulted in significant success with leading insurers, brokers and fleet managers, as well as consumers looking for quality vehicle glazing at competitive prices.
National Windscreens managing director Pete Marsden (pictured) said, ‘We are thrilled to be included in the 2015 1000 Companies report. The market in which we operate is increasingly competitive, so recognition from the LSE is further testimony that our strategy is valued by all of our customers.’
Companies included in the report had to meet certain criteria including being UK-registered and active, having revenues between £6 million and £250 million based on latest Companies House filings, and been in operation for at least three years.
Having identified a long list of eligible companies, the report’s authors then separated them into their Standard Classification (SIC) grouping and computed the average compound annual growth rate (CAGR) in percentage (based on turnover growth) for each SIC sector over a four-year period and within each SIC sector, then ranked companies by their individual CAGR percentage. The companies that had most outperformed their sector averages were then identified.
Xavier Rolet, chief executive, London Stock Exchange Group said, ‘This report is a significant part of London Stock Exchange’s broader campaign to support UK high growth companies in their journeys from Start-up to Stardom and to create an entrepreneurship revolution. I’m delighted that a strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies has been created to support these inspiring businesses.’