Newspaper article Evening Gazette (Middlesbrough, England)

Companies Make Break into Top 200 /; New Entries Burst into the North East Top 200 like Shooting Stars - Fascinating to Spot and Unpredictable in Their Appearance, Says BRIAN NICHOLLS

Newspaper article Evening Gazette (Middlesbrough, England)

Companies Make Break into Top 200 /; New Entries Burst into the North East Top 200 like Shooting Stars - Fascinating to Spot and Unpredictable in Their Appearance, Says BRIAN NICHOLLS

Article excerpt

Byline: BRIAN NICHOLLS

LOOK for a possible Top 200 debut this year by Impetus Waste Management of Billingham, and Nomad Holdings and Winn Solicitors, both of Newcastle.

With turnovers of PS44m, PS43m and PS42m respectively, they could break into the new list coming out free with The Gazette and The Journal on November 16.

Impetus is the outcome of a management buyout in 2014, backed by pan-European private equity firm Agilitas. This brought together the original Impetus business and Greenways Waste Management, a specialist in total waste management.

Last year the group was further enlarged by an acquisition of the Leeds waste processor T Shea Ltd, and is now a regional leader in its business. It handles about 1.25 million tonnes a year. It has operations at Washington, Leeds and five Teesside sites.

Nomad Digital, set up 14 years ago, supplies broadband globally for trains, Metros, trams and buses, including passenger wi-fi services and remote onboard rail components. Its internet-based television service for train passengers has been a world first this year. Recent contracts secured include one from Hitachi Rail Europe.

Winn Solicitors is the inspiration of Jeff Winn, an entrepreneurial solicitor who closed a successful career in London to start it in Newcastle.

The millionaire's firm offers innocent parties a 24/7, faster-thannormal one-stop shop covering all aspects of motor insurance claims, no win no fee. He started the business in high dudgeon on finding himself PS5,000 worse off though innocent himself in a crash his Jaguar was involved in.

New entries (and indeed reentries) can spring into the Top 200 table from any sector and any location in the region. In 2013, the highest of the top 10 new entries included two from Guisborough and two from Middlesbrough, the remainder being in Darlington, Newton Aycliffe, Newcastle, Sunderland, Stocksfield and Stanley. In 2014, Newcastle and Sunderland provided two each of the top 10 highest, the others being at Gateshead, Middlesbrough, Ashington, Northallerton, Prudhoe and Burnopfield. And last year three of the top 10 new entrants were from Sunderland and Washington, while two each came from Darlington and North Tyneside, the remainder from Stockton, Seaham and Newburn.

Of these 30 particularly notable achievers, four were in engineering, three in business support, three in food, three in transport, logistics and packaging, and three in construction. Two each were in pharmaceuticals, chemical manufacturing and recruitment.

And look at the variety of business carried on by the remainder: asset maintenance, shipping industry services, retail design, social housing, care homes, energy supply, automotive services, and cycle distribution. If proof were needed that the North-east economy is rapidly diversifying, that's surely it.

Some, at least, of these recent highest new entries could scale higher this year. Newburn financial services firm True Potential, a newcomer last year and recently acclaimed a national champion in European Business Awards, has announced turnover of PS56.7m, against PS44m in 2014.

If the rest of the new table remained as before, True Potential could be about 34 places up from its 150th entry berth, vying with Nifco UK, the outstanding Eaglescliffe maker of car parts. …

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