The London Stock Exchange Group (LSEG) has listed security consultancy Lodge Service among the 1,000 Companies to Inspire Britain 2015.
The list is described by the London Stock Exchange as a celebration of some of the fastest-growing and most dynamic small and medium-sized enterprises in the UK.
Founded in 1919, Lodge Service currently boasts a £22 million turnover and nearly 800 staff, with local offices or franchise operations in nine countries. It’s now probably the largest of the few remaining family businesses in the security sector, and the only one to reside in the Top 5% of the Security Industry Authority’s Approved Contractor Scheme listings.
“The report recognises the role of Lodge Service and the security industry generally in helping to drive forward business and the UK economy,” stated Simon Chapman, managing director at Lodge Service.
“As a sector, we’re a major provider of skilled jobs and technology innovation and have strengthened our business case by focusing on the return on investment from security.”
The detailed LSEG report comments: “The success of these 1,000 companies, variously identified as ‘gazelles’, ‘The Magic 6%’ or ‘scale-ups’, has a remarkably disproportionate effect on our national economic output. The ‘Scale-Up Report’, published last year by Sherry Coutu, found that boosting this ‘sector’ by just 1% would create as many as 230,000 new jobs and add £38 billion to the UK’s GDP.”