A South Derbyshire engineering firm has been named as one of the fastest-growing and most dynamic in the UK for the second year running.
The Carfulan Group has been hand-picked to appear in the London Stock Exchange’s ‘1,000 Companies to Inspire Britain’ report 2019, a publication that celebrates the nation’s most outstanding small to medium-sized businesses.
To make the cut, companies are required to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.
With more than 1,500 machine supplied to the UK market, in excess of 700 customers and a turnover approaching £15 million, it specialises in multi-sensor inspection equipment, 3D-printing technology, tool pre-setting and inspection devices and turned-part measurement solutions, working with world-leading companies in aerospace, automotive, oil and gas, medical, education and design.
Carfulan Group Managing Director Chris Fulton said: “Demand and confidence in UK manufacturing continues to grow and our intuitive products are helping businesses to move smoothly towards Industry 4.0, a new era of interconnectivity, automation and self-monitoring that will deliver smoother processes and more productive ‘smart factories.’
“From design through production to quality control, we offer best-in-class solutions at every stage of the manufacturing process for businesses of all sizes.
“In the past 18 months alone we’ve redoubled our efforts to reach out to new markets at industry shows, hosted our first ever ‘pop-up’ technology event in London, achieved ISO 9001:2015 accreditation across all companies and held the inaugural Manufacturing Performance Network at our headquarters in Foston, attracting scores of engineering professionals from across the UK.
“It’s an honour to again be named as one of the UK’s most inspiring companies, but it wouldn’t be possible without the dedication of every single person at the Carfulan Group, so sincere thanks goes to them.”
David Schwimmer, CEO at London Stock Exchange Group, said: “Congratulations to all the companies selected for inclusion in the sixth edition of the 1,000 Companies to Inspire Britain report, which identifies the UK’s most dynamic SMEs.
“SMEs drive growth, innovation and job creation and are the lifeblood of the British economy. We believe that supporting the growth of these businesses is critical to the UK economy and the creation of a society that works for everyone.”
A fully searchable database of all of the companies featured in the report, along with a downloadable pdf of the publication, can be found online at www.1000companies.com