Liberty Leasing Plc is delighted to have ranked on the FT 1000 list of Europe’s fastest-growing companies.
This list of a 1000 companies, which was compiled by The Financial Times in association with Statista shows those companies that have achieved the highest percentage growth in revenues between 2012 and 2015.
Out of the 31 eligible European countries, 235 companies from the UK managed to rank on the list to name a few; BrainLabs, UK Cloud, ePOS Now, Secret Escapes, Just Eat and prestige car dealer Roman International. Out of those 235 UK companies, Liberty was one of only 20 companies to feature in the Financial Services category.
The ranking of the FT 1000 was created through a complex procedure whereby Statista identified tens of thousands of companies in Europe as potential candidates for the FT 1000 ranking.
Criteria for inclusion included:
- Revenue of at least €100,000 generated in 2012 (or currency value equivalent as of December 31, 2012)
- Revenue of at least €1.5 million generated in 2015 (or currency value equivalent as of December 31, 2015)
- The company is independent (the company is not a subsidiary or branch office of any kind).
- The company is headquartered in one of the 31 European countries listed below
- The revenue growth between 2012 and 2015 was primarily organic (i.e. “internally” stimulated)
- If a company is listed on a stock exchange, its share price has not fallen 25% or more since 2015
Consistent Growth
Over the past five years Liberty’s loan portfolio and net worth have grown at a compound growth rate of 26 percent per annum. Profit before tax has grown at a compound rate of 45 percent per annum, reaching £4,549,377 million in FY15 (see chart), representing a 35% PBT margin. This financial success saw Liberty rank on the Investec Mid Market Top 100 which is an official ranking by Investec with data analysis provided by Experian and provides a list of the fastest growing private companies in the UK with a minimum turnover of £10m and EBITDA of £1m.
Allan Clegg, Managing Director commented:
“The size of the book debt has grown consistently year on year and enhanced Liberty’s ability to compete with the larger bank owned operations in the SME market, particularly when we are funding larger, competitive transactions. We wouldn’t be in this position if we had deviated from our plans for growth, especially through the tougher times.
We have around 45 hardworking individuals who are committed, loyal and constantly going above and beyond. Being recognised at a European level by an authority as reputable as The Financial Times is a testament to all their hard work.
It’s incredible and humbling to see what we’ve achieved over the past 15 years and owe it to the commitment and hard work of our team and loyalty of our brokers and customers”.
