Smith & Williamson was delighted to support the Scale-Up Business of the Year Award at the National Business Awards for the second year in a row. Here we profile the winner and the other nine finalists.
Perkbox helps drive culture change by providing a holistic employee engagement platform that promotes financial, emotional and physical wellbeing. In the last 30 months, Perkbox has quintupled headcount, growing from 30 to 150 employees. In terms of revenue, Perkbox has grown 12 fold in two years to more than £14m in 2016.
This year, the company expects to achieve £30m in revenue, a 2500% increase in three years. Perkbox is also set to open an office in Sheffield, creating 100 jobs, and has recently attracted £9m funding from Draper Esprit.
“Perkbox has demonstrated the benefits of staying agile as a business and has gone from strength to strength following a very insightful pivot and a market leading business development approach. Recent results prove that they are in demand from their customers, as well as the funding community”, said Guy Rigby, head of Entrepreneurial Services,
High commendation: HECK Food
Although they didn’t win, HECK’s presentation hugely impressed the judges, earning the purveyor of healthier meat products a high commendation. Family-run company HECK started in 2012, and has seen rapid growth, creating a market in a competitive sector due to its quirky take on a traditional product.
HECK currently reaches approximately 2 million customers per annum and is the fastest growing independent food company in the UK, employing 85 people and set to expand in Yorkshire.
“The combination of strong functional benefits with a winning set of emotional benefits (trust, sense of adventure and modernity) have enabled us to occupy a bridge position in the market, encouraging ‘standard’ shoppers to trade up in quality, and attracting premium shoppers to the brand’s modernity and emotional appeal,” said Andrew Keeble, co-founder and MD.
View 2017 finalist here
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.
This article was previously published on Smith & Williamson prior to the launch of Evelyn Partners.