Microlise has entered the Sunday Times HSBC International Track 200 league table in 47th position, confirming it as among the companies experiencing the fastest growth internationally in the UK.
Over the past two years Microlise has experienced 73% annual international sales growth, which now represent more than 10% of the companies total annual sales.
The eighth annual Sunday Times HSBC International Track 200 league table ranked Britain’s mid-market private companies with the fastest-growing international sales.
Alongside Microlise, there are 20 companies headquartered in the Midlands (compared to 17 last year) including 11 new entrants to the league table. Their international sales have grown by an average of 47% a year over the last two years to a total of £211m, and together they now employ more than 6,200 people.
Microlise appears with businesses from around Britain, including jewellery designer Monica Vinader, cycling gear manufacturer Rapha, and sandwich shop chain Pret. Past stars include drinks maker Fever-Tree and travel search engine Skyscanner.
The league table reflects the importance of Europe to Britain’s mid-market exporters ahead of the Brexit negotiations. Almost 85% of the companies (167) sell to the continent, the most popular market, followed by North America (112) and Asia (75).
Amanda Murphy, UK head of commercial banking at HSBC, commented: “This year’s Sunday Times HSBC International Track 200 is testament to the exciting opportunities available to ambitious UK businesses with appetite to grow their goods and services abroad. The 20 companies in the Midlands are putting the region firmly on the map as a thriving business hub.”
In April, Microlise was also listed in the The Sunday Times BDO Profit Track 100 league table in 62nd place, ranking it as one of Britain’s private companies with the fastest-growing profits over three years.
Microlise telematics, proof of delivery and journey management solutions help its customers reduce costs and the environmental impact of their fleet operations. This is achieved by maximising vehicle utilisation, increasing operational efficiency and improving economy and safety; whilst helping to deliver the very best customer experience by providing real-time visibility of the fleet against schedule.
A privately owned business based in Nottingham in the UK, Microlise invests significantly in research and development annually to ensure its solutions continue to be underpinned by market-leading technology. Microlise helps its customers to save more than £175m each year in fuel costs and reduce CO2 emissions by hundreds of thousands of metric tonnes.