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First Fence achieves Fastest Growing Company Award

22 April 2024Appears in Products
First Fence achieves Fastest Growing Company Award
We are delighted to be one of the Top 200 Fastest Growing Companies in the East Midlands

First Fence proudly announces its achievement of the top 200 fastest growing companies in the East Midlands for 2024. A prestigious recognition that shows its commitment to excellence and innovation in the industry.

What is the East Midlands 200?

The East Midlands 200 survey analyses the region fastest-growing companies, bringing comprehensive insight into their financial performance and setting a benchmark for businesses to assess themselves.

For almost a decade, Grant Thornton’s East Midlands 200 report has taken the temperature of what the region’s business community has to offer. In their latest report their findings are based on three years of compound annual profit growth and are drawn from a broad range of market sectors and industries.

This esteemed award celebrates 200 dynamic businesses that have demonstrated exceptional resilience and ingenuity in navigating challenging market conditions to achieve remarkable growth.

How is the East Midland 200 compiled?

The East Midlands 200 ranking is based on reported EBITDA Compound Annual Growth Rate (CAGR) over a three-year period. The minimum threshold is £1m in their latest accounting period.

The report is compiled using the most recent publicly available accounts of companies which have their principal place of business and management in the East Midlands.

What did First Fence have to say?

“We believe that investing in research and development, people, capabilities, and technology is the key to staying ahead in the market and delivering growth. Our historical investment in these areas has led to greater efficiencies and positioned the business well for its next phase of growth”, commented Vinny Kotecha, Director of First Fence Ltd.

How are First Fence continuing to grow their business?

First Fences’ commitment to growth is shown through their continued investment in an impressive logistics fleet and depots across the UK. First Fence is well-equipped to meet and exceed customer expectations. Committed to ensuring product availability and fast delivery, First Fence tailors its services to ensure customer satisfaction.

Last year, First Fence made the decision to open and operate from a National Distribution Centre, in Hucknall, enabling a vast amount of stock to be held and readily available for when customers need it. Whether the customer is looking for delivery as early as same day, that’s something we can facilitate.

The company has also purchased machinery for their manufacturing facility in Swadlincote, such as; rolling mills and automated machines, which will help facilitate in-house manufacturing and provide the company with more control over stock availability and pricing.

The Future of First Fence

Looking ahead to the future, First Fence is planning for expansion into the US market, leveraging its innovative approach and pioneering spirit to drive further international growth.

First Fence are also looking to invest in more depots around the country, to make their delivery system even more robust than it is at the minute, and enable even further stock to be readily available to the customers.

With research and development into new innovative products and services at the forefront of our future, we are hoping to continue to grow as a business.

First Fence offers a range of products that are suitable for a range of applications, with Nationwide depots, you have the option of free same day click and collect, and next day delivery. Shop online with us here, or call us at 01283 512 111.