Ignition Credit makes the Top 20 in Fast Growth 75

News

Ignition Credit has made the Western Morning News Fast Growth 75 for the fourth consecutive year – climbing into the Top 20 from last years’ ranking.

Compiled in conjunction with accountancy firm KPMG, law form Stevens Scown and Shawbrook Bank, the list is the definitive “who’s who” of businesses in Devon and Cornwall that have grown and expanded – thereby creating jobs and wealth for the local economy. Of the 75 companies listed this year, only 5% hail from the financial services sector, with Ignition Credit the sole vehicle and asset provider.

Of the Top 75, Western Morning News said: “The annual guide is a snapshot of the regional economy – it shows who is leading the way and the sectors that reaping the rewards for investment in innovation, identifying new markets, people and infrastructure.”

To make the Top 75, the criteria included operating out of the Devon or Cornwall region with a registered office in either county, a turnover of over £1 million in the last year and a consistent reporting structure over the last 4 years. Those that meant the stringent criteria were then ranked by average sales growth over the four year period to arrive at the final coveted list.

Ignition’s Managing Director Alan Tutte said of the accolade:

“The Fast Growth 75 list is historically fairly fluid, with companies dropping in and out whilst they expand and regroup, evident by the fact this year over half the companies listed were not cited in 2016.

“That Ignition Credit has now been included four times – and also increased their position in the rankings – demonstrates our ability to continually build on our success. It’s all down to the strength of our team, our commitment to the business- and the excellent service we offer our customers.”