Hampshire's fastest growing businesses in exports
A NEW league table has revealed the Hampshire companies which are among the fastest international growers in the south.
Accountancy and business advisory firm BDO has named the mid-market companies that are defying uncertainty by expanding overseas.
Nearly half the top 20 performers in the central south are new to the list. Despite the current uncertainty, mid-market companies in the region have achieved a 25 per cent growth in turnoverin the past three years.
Arbinder Chatwal, partner at BDO, said: “The mid-market is the engine room for growth in the UK – increasing turnover, employment and trade overseas.
“However, although there are many opportunities to be grasped from trading internationally, of course it is not without risk. That is why it is so important to undertake careful preparation before launching into new markets abroad.
“I wouldn’t say expanding overseas has got any easier, but nor is it any harder.
“Businesses need to take calculated risks, put feet on the ground, go in with their eyes wide open, and crucially ensure they have a long-term exit strategy.”
In Hampshire, the list includes:
Ahmad Tea. The Chandlers Ford-based wholesaler has been in Hampshire since 1986 and its products are available in more than 80 countries.
Cedar Group. Founded in 1972, the print and packaging specialist, on Romsey’s Abbey Park Industrial Estate, has a creative agency next to its factory to offer a complete service.
Clearvision.Based at Charlcroft Business Park in Southampton, the business provides IT consultancy for companies and the public sector.
Just Develop It. Based in Barnes Wallis Road, Fareham, the company is a global investment business whose projects span from technology to property.
Siva Group. Based at Hazel Road in Woolston, Southampton, the company makes polyethylene packing and employs more than 350 people.
Symetrica Limited. Based at Botley Road, North Baddesley, it is a global leader in radiation detection and identification.
The top 20 international companies were presented with a when BDO and HSBC held the region’s first International Day on Tuesday.