Whitemeadow identified in London Stock Exchange Group’s ‘1000 Companies to Inspire Europe’ report
BFM member Whitemeadow have been named in the report for demonstrating critical importance of high-growth private small and medium sized companies (SMEs) to future European economic growth, innovation and job creation
Whitemeadow has been identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Europe 2018. The report is a celebration of high-growth and most dynamic small and medium sized businesses across Europe.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their country peers. More detail on the methodology can be found in the report online at www.1000companies.com.
Whitemeadow is the largest independently owned upholstery manufacturer in Britain today, producing a wide range of sofas and upholstered bed frames for many of the country’s blue-chip high-street brands and premium independent retailers.
Situated in the heart of the upholstery manufacturing centre of the UK, Whitemeadow began in 1994, handcrafting products in our Nottinghamshire factory. Fast forward to today and we’re proud to maintain our commitment to craftmanship, now on a much larger scale.
As a major employer in the local area, we currently employ over 500 colleagues over 6 sites, all within a 2-mile radius which totals over 200,000 ft2 of manufacturing space. Focussing on design leadership, an efficient production process and attention to quality, we have grown to become one of Britain’s leading upholstery manufacturers.
Whitemeadow Managing Director, Ian Oscroft commented “We are very proud to be included once again in the LSE’s 1000 Companies to Inspire Europe 2018 report. Our success of the past few years has been down to the fact that we’ve got a real flair for design and have been able to put some fantastic products, that consumers want to buy, into the marketplace at the right time. We drive the market, rather than respond to it. We will continue to shape consumer tastes by designing and manufacturing trend-setting British furniture with a contemporary twist. It’s the Whitemeadow way”. For more information, visit www.whitemeadow.com.
Jyrki Katainen, European Commission Vice-President for Jobs, Growth, Investment and Competitiveness:
"SMEs are the backbone of the European economy, which is solid and growing. Thanks to structural reforms in Member States, but also to dynamic and innovative, high-growth SMEs, employment has reached new record levels with almost 240 million people in jobs. We need to continue on that path and create a favourable business environment enabling cutting edge innovators and solid manufacturing SMEs to grow and reach their full potential. Stock exchanges, such as London Stock Exchange Group, are an essential part of our Capital Markets Union, helping those with ideas to meet their financers."
Nikhil Rathi, CEO, London Stock Exchange Plc:
“The economic potential of Europe’s fastest growing companies is clear in ‘1000 Companies to Inspire Europe’. The report shows high-growth SMEs are the innovators, job creators and drivers of economic growth. They have the potential to transform the European economy and give the next generation of young people the future they deserve.
“So, it is vital that we give these companies, and companies like them, access to suitable growth finance. London Stock Exchange Group is committed to supporting the job creators of tomorrow, increasing their access to long-term patient capital to fund their continued success.”
A full searchable database of all of the companies along with a downloadable pdf of the publication can be found online at www.1000companies.com