Bateman Groundworks named in LSE’s top 1000

March 21, 2016

Bateman Groundworks has been identified as one of Britain’s most inspiring, dynamic and high-growth small and medium sized for the second consecutive year.

Managing director Richard Bateman received the news that it was listed again in the London Stock Exchange Group’s 1000 Companies to Inspire Britain.

The company, which employs 180 people, provides groundworks and civil engineering for blue chip house builders, has enjoyed 30 per cent year-on-year growth for the last three years.

It had a £17.5m turnover last year and predicts another 30pc growth again this year.

Mr Bateman, who set up the company 19 years ago, said: “It is excellent to be recognised in this way, particularly by something as prestigious as the LSE, because we are still a relatively small regional business. Recognition by the LSE in this way makes us very proud of what we are doing.”

It is the third edition of London Stock Exchange’s 1000 Companies to Inspire Britain, which identifies the fastest-growing and most dynamic small and medium-sized businesses (SMEs) in the UK with capacity to innovate and create new jobs, spearheading the revival of the UK economy.

To be included in LSE list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.

Xavier Rolet, chief executive, London Stock Exchange Group said: “High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance. That’s why today’s event is so important: demonstrating the strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies to support these inspiring businesses.

“Today’s celebration is fundamental to London Stock Exchange’s core, the need to support UK high growth companies in their journeys from Start-up to Stardom and create an entrepreneurship revolution.”