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Thursday, February 09 2012

Champers and bacon sarnies for Megagrowth winner Hobson Prior

Watch the winners get their award and hear from KM Group chairman Geraldine Allinson

The county’s fastest-growing firm, with sales up a staggering 600 per cent, is to celebrate with Champagne and bacon sandwiches.

Specialist recruitment agency Hobson Prior, based in Tunbridge Wells, topped the eighth annual Kent and MegaGrowth50 awards presented to the 50 businesses showing the fastest sales growth over the past four years.

Each one received a framed certificate from KM Group chairman Geraldine Allinson at a presentation breakfast in Fairfax Hall, Leeds Castle, attended by more than 80 guests.

Hobson Prior earned the coveted top spot after four years of sustained growth. Turnover has soared from £1.47m in 2004-05 to £10.26m in 2007-2008, growth of 597 per cent.

The business was founded by Matthew Perrett and Jane Woodhead in 2002, and specialises in recruiting highly skilled people into life sciences and the pharmaceutical industry.

Mr Perrett said it was lovely to win the award and paid tribute to his team. “We’ve got all of our staff to thank for it. They’ve worked extremely hard.”

Various staff events were planned and he promised Champagne and bacon sandwiches – “they are always asking for them!” -  in place of their usual fruit.

He put the firm’s phenomenal turnover growth down to the “reasonably resilient” market it was in, coupled with good client relationships.

It was important to focus on the bottom line, he said, and Hobson Prior had been profitable from day one. “We’ve always aligned our costs to our sales. Once you’ve done that, you are in a very strong position. You can decide your fate in terms of when you grow, how you grow, and when you do grow, don’t leverage your business to support that growth - use your own resources.”Megagrowth 50 2009 logo

Bordeaux Wine Investments and the Foresight Group, both in Sevenoaks, were second and third respectively.

The annual survey is sponsored by Lloyds TSB Commercial and Reeves & Neylan, Kent’s largest accounting firm, and produced by the KM Group. Mrs Allinson said: “We are relying on you to help Kent be one of the first places to come out of the recession we are all suffering at the moment. You have done fantastic things.”

Lloyds TSB Commercial logoPhil Beales, area director for Lloyds TSB Commercial in Kent and East Sussex, told guests: “The strength and diversity of the industry sectors represented by your businesses reinforce why Kent and the Medway region is considered one of Europe’s most dynamic locations.”Reeves + Neylan logo

Their achievement was down to inspirational and entrepreneurial leadership. “These awards are all about celebrating and recognising exceptional business success.”

Clive Stevens, managing partner of Reeves & Neylan, added: “It’s staggering that these 50 businesses were responsible for sales of more than £1.2bn last year and they are all privately owned. If growing profitably by more than 60 per cent over four years isn’t good news, then what is.”

Wednesday, October 07 2009

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