• Evolution Funding recognised in fourth edition of London Stock Exchange Group’s 1000 Companies to Inspire Britain report
• Identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) across the UK
• Third consecutive year of recognition for Evolution Funding
Evolution Funding has been identified as one of London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.
Evolution Funding employs over 270 people UK-wide. Their main brand, Evolution Motor Finance, is the UK’s largest point-of-sale motor finance broker. The firm also has a vehicle loans business, Evolution Loans, a vehicle rentals brand called EVOGO and a vehicle retail arm, Mike Brewer Motors.
Jeremy Levine, CEO, Evolution Funding said:
“We are delighted to be recognised by the report for the third consecutive year, over which time we have been committed to reinvesting profits in a drive for growth across the group. Additional investment in technology has allowed us to optimise both operating efficiencies and the customer journey. Ultimately, we can now offer greater value to customers and dealers whilst delivering underlying profitability. Reinvestment in our business and our partnerships will continue to drive our growth strategy.”
Xavier Rolet, Chief Executive, London Stock Exchange Group said:
“Four years on, LSEG’s ‘1000 Companies to Inspire Britain’ report continues to highlight the dynamic, entrepreneurial and ambitious businesses across the country that are boosting UK productivity, driving economic growth and creating jobs. The strength and diversity of these companies is readily apparent with a broad mix of UK regions and sectors represented. These companies are the very heart of an ‘anti-fragile’ economy: more robust; more flexible and less prone to boom and bust. We must ensure we continue doing all we can to support high growth potential businesses like these.
“London Stock Exchange Group is fully committed to supporting and implementing initiatives which improve access to and cut the cost of finance for growing companies. We welcome the Government’s focus on supporting SMEs as part of its Industrial Strategy and await the outcome of its review into long-term patient capital.”
The Rt Hon Greg Clark, Secretary of State for Business, Energy and Industrial Strategy:
“I want to congratulate the 1000 companies from across the UK featured in London Stock Exchange Group’s pioneering 1000 Companies to Inspire Britain report. Championing high growth innovative SMEs is crucial for the continued success of the UK economy and a country that works for everyone. We are committed to ensuring that companies of all sizes can access finance to grow, scale-up and create high quality well-paid jobs across the country.”
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.