2 minute read
Purpose and method
The Leicestershire Top 200 Companies index exemplifies the city and county’s contribution to the UK economy. Those that made it onto the list are this year showcasing the true strength, heart and spirit of Leicestershire companies. Whilst the business realm continues to be troubled by the pandemic – in many modes across the different industries – the data produced by DMU and analysed here suggests that Leicestershire companies are striving forward.
THE SIGNIFICANCE OF THE LEICESTERSHIRE TOP 200
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The list is compiled annually celebrating a range of firms. From it, other Leicestershire-based business owners, and those across the whole of the UK, can track the progress of the companies listed, taking inspiration from them.
The 2022 Leicestershire Top 200 list is poignant in that it is the first time the list has been published in two years. The coronavirus pandemic is still affecting many businesses and their workforces so to see the list and understand the successes of others is crucial in economic recovery.
The list hammers home that the prosperity of the companies in this year’s Top 200 list affects our communities, workers, and our supply chains. Their success has a vast impact on other businesses across a web of sectors.
It’s a source of business intelligence that supports economic development in our corner of the East Midlands. The data compiled showcases staff numbers, financial turnover, and industry sector at a glance. This information positions Leicestershire in good stead when represented across the country in various forms be that in parliament or at local networking events. Hinting at the successes and challenges overcome in the city and county, it displays Leicestershire’s resilience and highlights growth.
DATA AND ASSEMBLY OF THE LIST
The Top 200 list uses sales ‘turnover’ to rank all active businesses that have their registered offices located in Leicester and Leicestershire, and which are not dormant or in receivership.
Turnover is considered to be a useful indicator of business growth and relative positioning, being used globally to rank businesses.
The rankings are compiled using the total turnover for their year-end that falls between July 1, 2019 and June 30, 2020.
These dates have been used to allow time for the submission of the published financial statements to Companies House, and to remain aligned with previous listings of the Top 200 companies.
To gain a position on the list – which is sponsored by Berkeley Insurance Group – businesses must have a registered office address in Leicestershire, publish financial data in the period being considered, and report part or all of their figures to Companies House.
