Tag Archives: Financial Times

Paxton identified in London Stock Exchange Group’s ‘1,000 Companies to Inspire Europe’ Report

Paxton, the electronic IP access control and video door entry solutions specialist, has been identified as one of the London Stock Exchange Group’s ‘1,000 Companies to Inspire Europe’. The report is a celebration of high-growth and the most dynamic small and medium-sized businesses across Europe.

To be included in the list, companies need to show consistent revenue growth over a minimum of three years, significantly outperforming their country peers. This report demonstrates the critical importance of high-growth, private, small and medium-sized companies (SMEs) to future European economic growth, innovation and job creation.

This new follows on from Paxton’s inclusion in last years’ Financial Times Europe’s ‘1,000 Fastest-Growing Companies’ Report recognising 1,000 companies in Europe that have achieved the highest percentage growth in revenues between 2012 and 2015.

The ranking in both reports highlights the company’s growth in the local and global security market. Paxton also celebrated ranking 49th in the 2018 Sunday Times ‘100 Best Companies to Work For’, the annual survey run by the ‘Best Companies’ organisation. In the survey, 96% of employees said they believe they can make a valuable contribution to the success of the company.

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Investment in training and education

Founded back in 1985, Paxton now employs over 300 people and operates mainly from its head office in Brighton, East Sussex, with several international sales offices. All products are manufactured locally at the Paxton factory in Eastbourne and exported to over 60 countries worldwide.

Paxton invests significantly in the training and education of its customers and is proud to offer free training to all installers globally to ensure its products are sold and installed with confidence. So far, 5,692 installers have been trained globally this year. Products are adapted to cater for the regional differences called for in the global market and have Paxton’s ethos of simplicity designed-in to ensure they’re easy to install, use and maintain. All purchases are backed by the company’s localised industry-leading technical support, a five-year guarantee and hassle-free returns policy.

Commenting on the news, Adam Stroud (Paxton’s CEO), told Risk Xtra: “We’re thrilled to once again be part of this prestigious list. It’s another milestone on our journey to become world-class in all that we do. Paxton aspires to provide innovative products, industry-leading customer support and high-quality and efficient manufacturing along with being one of the country’s best companies to work for. We’re taking full advantage of the opportunities provided by new technology to fulfil customer‘s requirements for secure, convenient and energy efficient buildings.”

Favourable business environment

Jyrki Katainen, the European Commission’s vice-president for jobs, growth, investment and competitiveness, added: “Thanks to dynamic and innovative, high-growth SMEs, employment has reached new record levels with almost 240 million people in work. We need to continue on that path and create a favourable business environment enabling cutting-edge innovators and solid manufacturing SMEs to grow and reach their full potential. Stock exchanges, such as the London Stock Exchange Group, are an essential part of the Capital Markets Union, helping those with ideas to meet their financers.”

Nikhil Rathi, CEO of the London Stock Exchange plc, observed: “The economic potential of Europe’s fastest-growing companies is clear in ‘1,000 Companies to Inspire Europe’. The report shows that high-growth SMEs are the innovators, job creators and drivers of economic growth. They have the potential to transform the European economy and give the next generation of young people the future they deserve. It’s vital that we give these companies, and companies like them, access to suitable growth finance. The London Stock Exchange Group is committed to supporting the job creators of tomorrow, increasing their access to long-term patient capital to fund their continued success.”

Being included in the London Stock Exchange report also marks one year since the Paxton Technology Centre opened. The 29,000 square foot building houses Paxton’s R&D operation along with an installer training suite.

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Global Support Services recognised in FT’s Top 1000 list of fast-growing businesses

Global Support Services, the UK-based provider of specialist security services, has been announced as a constituent member of the inaugural Financial Times Top 1000 list of the fastest-growing companies in Europe.

The company was ranked at position 386 overall, making it the 70th fastest-growing company in the UK across all categories during the period and the 40th fastest-growing ‘support services’ company in Europe. The company’s position in the table makes it the fastest-growing provider of physical security services in Europe for the period.

Global Support Services is accredited to Investors in People Gold standard and was one of the first 100 businesses in the UK to be awarded ‘Living Wage Champion’ status. The business’ growth has been stimulated because of an unwavering dedication to its vision which includes being recognised as the ’employer of choice’ in the UK’s security industry.

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Global Support Services’ managing director Daniel Mailly said: “We’re all delighted to be recognised by the Financial Times, especially as the ranking recognises growth that has been achieved ‘organically’. I believe that growth should be achieved in a sustainable fashion and therefore to the betterment of both the people that work for us and the clients we serve. As a happy consequence of this attitude, we’re the largest operator of protection canine units in the UK at the present tie and have some of the best levels of employee retention and client satisfaction in our industry here in the UK. Around 65% of our 150-strong workforce are ex-uniformed personnel and we operate a recruitment process that’s designed to be both fully inclusive and one that we hope broadens the traditional appeal of a historically male-dominated industry.”

Mailly went on to comment: “Additionally, we take great pride in the work we do in support of our partners such as Veterans Aid and Storm Skills Training. Together with my valued team members, I look forward to continuously capitalising on our sustainable growth to create many more employment opportunities and assist in continuing to make the UK a hub for innovation.”

The FT 1000 lists 1,000 companies in Europe that have achieved the highest percentage growth in revenues between 2012 and 2015.

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