Manor Royal based Balfe’s Bikes, a specialist cycling retail and maintenance company takes second position in Growth Index 2024, the annual ranking of the 100 fastest-growing companies in UK.
Balfe's Bikes is second placed overall, and the fastest growing company in retail, the sector best represented in Growth Index 2024; a surprise, given that consumer spending was so hard hit by the cost-of-living crisis towards the end of the reporting period.
Now in its third year, ORESA Growth Index is the definitive ranking of the UK companies with the fastest growing sales, created to celebrate the companies that have supercharged growth and the leaders that have inspired and driven it.
Companies are ranked by compound annual growth rate (CAGR) in sales over their last two financial accounting years (including filings up to February 2024). The ranking shines a spotlight on the most successful sectors and companies in the UK, championing good growth and the equitable democratisation of business opportunity in the UK.
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Date Published: 29/04/2024