A celebration of high-growth, dynamic small and medium-sized businesses across Europe the report features companies that consistently outperform their competitors in terms of innovation, revenue growth and job creation.
It’s the latest in a string of accolades for the Brighton-based company this year. Paxton was named in The Sunday Times 100 best companies to work for and won Company of the Year at Brighton and Hove Business Awards.
Its Net2 Entry Premium Monitor recently won the award for best access control hardware in the Benchmark Magazine Innovation Awards 2018. And CEO Adam Stroud was named among the top 10 influencers in physical security tech by IFSEC Global.
“It is another milestone on our journey to become world-class in all that we do.” Adam Stroud, CEO, Paxton
Founded in 1985, Paxton employs over 300 people across its Brighton head office and several international sales offices. All products are manufactured at the Paxton factory in Eastbourne and exported to over 60 countries.
Paxton provides free training to all installers globally. Its products are adapted to cater for the regional differences called for in the global market and all purchases are backed by the company’s localised technical support with a five-year guarantee and ‘hassle-free’ returns policy.
“We are thrilled to, once again, be part of this prestigious list,” said Adam Stroud, Paxton’s chief executive. “It is another milestone on our journey to become world-class in all that we do.
“Paxton aspires to provide innovative products, industry-leading customer support, high-quality and efficient manufacturing, along with being one of the country’s best companies to work. We are taking full advantage of the opportunities provided by new technology to fulfill customer‘s requirements for secure, convenient and energy efficient buildings.”
Jyrki Katainen, European Commission Vice-President for Jobs, Growth, Investment and Competitiveness, said: “Thanks to dynamic and innovative, high-growth SMEs, employment has reached new record levels with almost 240 million people in jobs.
“We need to continue on that path and create a favourable business environment enabling cutting edge innovators and solid manufacturing SMEs to grow and reach their full potential. Stock exchanges, such as London Stock Exchange Group, are an essential part of our Capital Markets Union, helping those with ideas to meet their financers.”
Nikhil Rathi, CEO, London Stock Exchange Plc, said: “The economic potential of Europe’s fastest growing companies is clear in ‘1000 Companies to Inspire Europe’. The report shows high-growth SMEs are the innovators, job creators and drivers of economic growth. They have the potential to transform the European economy and give the next generation of young people the future they deserve.
“So, it is vital that we give these companies, and companies like them, access to suitable growth finance. London Stock Exchange Group is committed to supporting the job creators of tomorrow, increasing their access to long-term patient capital to fund their continued success.”
Last year Paxton opened a state-of-the art facility comprising a training suite and R&D departments. Adjacent to its head office in Brighton, the 29,000-square foot Paxton Technology Centre is “a real statement of intent”, according to Paxton’s CEO Adam Stroud.
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