Harrogate-based commercial gas supplier CNG has made the ‘Hot 100’ a list of the UK’s fastest growing, privately owned companies; following research commissioned by Investec and Real Business Magazine.
The Investec Hot 100 – compiled using audited accounts information from Companies House – has collectively achieved an average compound
growth rate of 44 per cent over the past four years and an average turnover of £150 million in their last financial year.
The past two years has seen CNG more than double its employee numbers to meet demand as customers seek out a more comprehensive and customer-focused commercial gas supply.
Ed Cottrell, Investec said:
The 2012 Investec Hot 100 is a fascinating piece of research into high growth businesses. Some sectors stand out as strong and downturn-resistant.
The Investec Hot 100 reveals the gradual emergence of a new generation of world-class UK businesses that with proprietary technology and an appetite for international markets, will be the global players of the future.
CNG MD Jacqui Hall (pictured) added:
CNG has had a tremendous couple of years and our position on this list is testament to our growth strategy working well and driving us forward as a very credible UK supplier.
We are delighted to rank with some of these incredible businesses and hope it cements for customers old and new that CNG is a company which is going places and can offer a genuine alternative to the Big Six energy companies.