UK’s fastest growing female-founded small businesses announced
Fortuna 50 index claims Britain is “without doubt” one of the best countries for women in business
A list of the UK’s fastest growing small businesses founded by female entrepreneurs has been unveiled by the Centre for Entrepreneurs, in partnership with DueDil and the Start Up Loans Company.
Reported to show that Britain is “without doubt” one of the best countries for women in business, the Fortuna 50 index aims to showcase the variety of businesses that are run by women in the UK and inspire others to do the same.
Selected from over 10 million businesses using Companies House data of annual revenue growth over the last three years as of 25 February, the list reflects fast-growth UK small firms with women as founding directors. Each business named has to have reached £100,000 to £5m turnover and have experienced positive growth in each year.
The female-led small businesses featured in the index includes Essex property company ArchCoDevelopment, founded by Siobhan Cook, which has achieved 498% revenue growth, Blackheath nursery chain Zoom Nurseries, launched by Sophie Hubble and Bella Landen, with 363% growth and at the top of the list with 551% growth; JMR solicitors founded by Marium Razzaq and Jane Morris.
Commenting on the index, Matt Smith, director of the Centre for Entrepreneurs, said:“Entrepreneurial activity is undoubtedly rising in popularity, and this list shows the breadth of sectors experiencing growth and job creation across the UK.
“These women are inspirational role models that will surely encourage a greater number of people to start and grow a business.”
Prime minister David Cameron praised the UK’s female business owners:
“Backing female entrepreneurs to start-up and grow their businesses, create jobs and help secure Britain’s recovery is a crucial part of our long-term economic plan.
“We are helping more women than ever before to start-up and lead businesses, there are record numbers of women in work and the number of women on FTSE Boards is at an all-time high.”
View the full list of names on the Fortuna 50 index here.