Kerridge Commercial Systems (KCS) has announced it has been ranked No. 37 in The Sunday Times HSBC International Track 200.
The league table ranks the top 200 of Britain’s mid-market private companies, in order of fastest growing overseas sales.
The league table is produced by Fast Track, the Oxford firm that researches and ranks Britain’s top performing private companies.
When surveying the companies, Fast Track also found that the US is the most popular country for overseas sales, with 118 of the 200 companies citing it as a major market. It is also cited as the top choice for future growth, with more than half the firms (107) planning to expand there.
Fast Track also reported that the league table showed the resilience of Britain’s mid-market exporters. Despite the uncertainty created by the on-going Brexit negotiations, their combined international sales have grown by an average of 62% a year over the last two years to a total of £10.1bn, the highest growth rate measured in the survey since 2013.
The Sunday Times reported that it was another sign of confidence that 60 of the listed companies had chosen to acquire overseas businesses to help accelerate their growth – up from 46 last year.
The six strategic acquisitions KCS made recently in Europe, the US and South Africa were reported as being instrumental in the company’s international sales reaching £24m in 2017.
The full league table was published as an eight-page supplement within the business section of The Sunday Times and can be viewed digitally here.