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May 12, 2017

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Fast-growing firms

The seven security firms that made it onto the FT1000

Seven security firms have made it into the FT1000, the Financial Times’ listing of Europe’s highest growth companies.

All but two – the others were based in Germany and Ireland – were based in the UK.

Integration firm Hadrian Technology ranked the highest at number 252 in the list. Established 18 years ago in Seaham, north-east England the company advises clients, in retail, hospitality and leisure industries as well as the public sector, on the design, installation and maintenance of bespoke CCTV, operating software and digital cloud-based storage.

The FT1000, which compiled the rankings with the help of Statista, measures growth, in terms of profitability and other factors, between 2012 and 2015. Over this period Hadrian Technology saw its revenue grow by 486%, with a compound annual growth rate (CAGR) of 80.3%.

Cybersecurity firms

Next, at number 305, is Defenx, a cybersecurity company founded in 2009. The firm saw a 404% growth in revenue between 2012 and 2015, and a CAGR of 71%. Defenx provides extensive security and cloud backup services for desktops, mobiles and business networks.

Established in 2003, MWR InfoSecurity is a consultancy providing targeted security expertise and solutions for industries including finance, insurance and energy. The firm also provides training in proactive web, network and mobile defence. The company saw a 119% growth in revenues and a CAGR of 29.9% between 2012 and 2015.

London-based Ward Security saw a 66% revenue growth and a CAGR of 18.3%

Hornet Security, based in Germany, is another cyber security firm, which offers cloud based security services to business customers. Services include spam filters, advanced web protection, email encryption, archiving and continuity, encrypted online security and hosted exchanges. The firm saw a 93% growth in revenues between 2012 and 2015, with a CAGR of 24.6% over the same period.

Synergy Security Solutions in Ireland saw a 92% revenue growth and a CAGR of 24.3% between 2012 and 2015. The company provides bespoke security offerings and services to corporates, as well as to the retail, shopping centre, manufacturing, IT and industrial sectors. Services include manned security, switchboard personnel, to security scanning and CCTV operation and monitoring.

London-based Ward Security saw a 66% revenue growth and a CAGR of 18.3%. The company provides security services spanning CCTV operation and monitoring, property management, guard dog security, keyholding services, security guard patrol services and response alarm systems.

At 997 on the list Paxton, based in Brighton, is primarily a producer of security products including access control systems and security panels. The company has been in business since 1985. Paxton saw a 57% growth in revenue between 2012 and 2015 and a CAGR of 16.2%.

 

 

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