MegaGrowth 50 returns to celebrate Kent’s fastestgrowing businesses

MegaGrowth 50, a ranking of the fifty fastest-growing businesses across Kent, is now open for applications.

Now in its 20th year, this prestigious league table is brought to you by business advisors and accountants Kreston Reeves and leading law firm Brachers, in partnership with Kent Invicta Chamber of Commerce for the first time.

The ranking is based on the average turnover growth of privately owned businesses that have a minimum turnover of £1 million, as stipulated in full accounts registered at Companies House across the last four years.

Businesses with four years’ notable turnover growth that do not register full accounts at Companies House can also be recognised and are invited to submit their accounts for consideration.

James Bullock, Head of Corporate and Commercial at Brachers, said: “This year we’ll be celebrating those who have not only survived but thrived in the face of a challenging economic environment.

At Brachers, we love a good success story and we’re lucky to work in a county with so many thriving and entrepreneurial businesses. We’re looking forward to hearing about the achievements of local organisations across Kent, particularly the hidden gems that MegaGrowth 50 has always been so good at putting in the spotlight.”

Nigel Fright, Managing Partner at Kreston Reeves, added: “It’s always great to see Kent businesses doing well and the USP of the MegaGrowth 50 is that, unlike traditional business awards, it picks up fantastic success stories of businesses who don’t ever shout about it. Kreston Reeves has been honoured to be associated with the MegaGrowth 50 for over 10 years and taking part in recognising Kent businesses for their growth, as well as highlighting that this county is a great place to do business.”

Jo James OBE, Chief Executive at Kent Invicta Chamber of Commerce, added: “Kent Invicta Chamber of Commerce is delighted to be supporting MegaGrowth 50 for the first time this year.

It is important for us to be part of this celebration of successful businesses as it demonstrates that our county is a great place to grow a business. It also highlights that the Chamber is here to support and advise local businesses through the challenges that often come with a fast growth path.”

If you have filed a full set of accounts at Companies House in each of the last four years, you do not need to fill out an application form as your figures will be downloaded by the MegaGrowth 50 project team.

Others who wish to be considered should complete the application form. It’s free to apply. The deadline for all applications is 5pm Friday 3 November 2023.

The MegaGrowth 50 will be published in the April/May edition of Thinking Business. All ranked companies will be invited to a free celebratory breakfast on 20 March 2024, at the Tudor Park Marriott Hotel, Bearsted, near Maidstone.

If you have any queries or would like to check your eligibility, please contact enquiries@megagrowth50.co.uk. Find out more at MegaGrowth50.co.uk