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County's top 100 companies of 2016 revealed 09:00, 1 NOV 2016Updated12:16, 1 NOV 2016Is your firm in louis vuitton shoes ebay uk the Cambridgeshire Ltd top 100? A wind of change is blowing through the county's business community after Grant Thornton revealed its annual list of Cambridgeshire's top 100 companies.
The Cambridgeshire Ltd 2016 report shows that though turnover of the region's leading firms increased 1.6% to collective EBITDA and pre tax profits dipped. However, people costs also rose 4%, and Darren Bear, from Grant Thornton's Cambridge office, believes this reflects growing confidence of businesses to invest in their long term futures. " leaders have shown confidence, taking measured business risks to invest louis vuitton suhali s lock bracelet in new companies, new assets and people," said Bear. "This has introduced a higher degree of change than Cambridgeshire Ltd has seen for louis vuitton bags houston tx some time. "These themes illustrate the fact that the way we live and do business is changing faster than ever before. The world is full of opportunities, but every opportunity brings a challenge. If Cambridgeshire and the UK is to achieve its potential our economy needs to do more than just grow. It needs to embrace change." Indeed, there are 14 new entries in this year's list, but there's no change at the top of the 100, with Marshall Group retaining number one spot ahead of Hilton Food Group. It could be a different story in 2017, as AstraZeneca has already begun the process of moving its global pharmaceutical operation to the city. With its new headquarters yet to open, AZ's figures haven't been included in this year's analysis. New entries in the 100 include games developer Frontier Developments, which louis vuitton briefcase ioffer saw its EBITDA shoot up a whopping 12,237%, thanks largely to sales of its first self published game, Elite: Dangerous. This means it is now 81st on the list. Also making their debut are genomics firm Horizon Discovery Group (88), winner of the of the Year title at the 2016 News Excellence Awards, as well as its predecessor, 2015 award winner Quartix (89). Grant Thornton compiles its 100 based on publicly available business information, and companies must be based in the county to qualify. That means notable departures this year include CSR, which is now in the hands of US based Qualcomm. It is also likely that this will be ARM's last appearance in the 100, with its sale to SoftBank having been completed since the data was compiled. "Cambridgeshire has two major cities in Cambridge and Peterborough, but the supporting towns like Huntingdon, St Ives and Wisbech do a lot for businesses too," said Paul Brown of Grant Thornton's Cambridge office. "That's why the business community is so vibrant, because it's not just focused on one area. You look at a company like Mick George, which started out as a small waste business and is now experiencing massive growth and is investing heavily to expand what it does. There's a lot happening here and Grant Thornton wants to be a part of this vibrant economy." Tech businesses continue to dominate the top 100, accounting for 23 of its number, closely followed by companies working in business support (21). Six other areas are represented, and Brown said: "The sector that has grown fastest in terms of turnover, profit and people is property and construction. You look at how the skyline of Cambridge is changing, and what's going on at developments like Alconbury Weald, and it's no surprise that we've got big housebuilders in the top 100, as well as developers like Brookgate and The Howard Group." Looking ahead to next year's 100, Brown added that housing and infrastructure remain big concerns for businesses as we head towards 2017, as well as the impact of the Government's negotiations over Brexit.
"es always talk about the challenge of getting enough people and finding homes for those people," he said. "It remains a big challenge, and hopefully the City Deal will see investment made in housing so that firms can continue to take advantage of the opportunities available to them." The results of the report were revealed this morning at a breakfast event held by Grant Thornton at The Belfry, Cambourne.
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