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The Business Magazine July 2024
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Thames Valley SME 100 Growth Index 2022

The annual Thames Valley SME Growth 100 index recognises and promotes the region’s high-growth small and medium-sized enterprises, and is ranked by year on year growth.

To be included in the listing, businesses need to be based in the Thames Valley and to have grown their turnover significantly in the past year. The listing only includes independent, privately-owned companies, headquartered in the region, with a turnover of no more than £20m.

The 2022 edition of the Thames Valley SME Growth 100 index is sponsored by law firm Herrington Carmichael, commercial property consultants Hicks Baker and audit, tax, advisory and risk firm Crowe UK

This year, more than half of the listing’s top 100 companies are newcomers, demonstrating the impressive growth that so many businesses have managed to achieve, particularly with so many newcomers appearing toward the top of the listing.

Top of the index this year is Oxford BioTherapeutics with a substantial growth of 154.5%. Based in Abingdon, this clinical stage oncology company has made great progress in the development of immunotherapies for cancer, focusing on ‘first-in-class immune therapies’ that aim to improve the outcomes for patients.

Though new to the listing, Porthaven Group, based in Windsor, takes second place. An independent company, this group specialises in building and operating ‘market leading care homes’ that offer ‘exceptional surroundings’, fine dining, and dementia care.

In third place is the Winnersh-based FullCircl, previously on the listing as Artesian Solutions, supporting businesses with customer lifecycle intelligence that will help to engage with customers to keep them on for life, encouraging its clients to ‘own the market’.

Despite being another newcomer, UK Land Group takes fourth place and exhibits the highest turnover statistics in the listing’s top 5. Based in Hungerford, this company owns properties throughout the UK and specialises in the acquisition of ‘privately and publicly owned property companies’ as well as venturing into land where there are perceived ‘medium to long term’ opportunities.

Fifth place is filled by yet another newcomer – The Hartley Wintney-based IMSL (Industrial Microbiological Services) provides a testing and consultancy service that specialises in the microbiology of materials. IMSL is customer and service driven, producing claims that are supported by ‘fully robust, scientifically and statistically sound data’.

The Business Magazine congratulates all the companies that qualified for this year’s TV SME Growth 100 Index.

Ranking

Published: 27 September 2022
2022CompanyTownDescriptionTurnover £mYoY Growth %EmployeesYear-end
1Oxford BioTherapeuticsAbingdonClinical stage oncology5.61551331/12/20
2Porthaven GroupWindsorCare Homes6.515014631/12/20
3FullCirclWinnershCustomer lifecycle intelligence platform9.51167231/12/21
4UK Land GroupHungerfordProperty aquisition & development12.21032930/04/21
5IMSL (industrial microbiological services)Hartley WintneyTesting & consultancy services1.41001531/01/21
6Square HealthWindsorHealth technology solution provider11.5955931/03/21
7Greens CateringChalgroveEvent caterer9.692431/03/21
8YospaceStaines-upon-ThamesAd insertion solutions12.6803931/12/20
9Walker LogisticsReadingLogistics provider14.06515031/08/21
10MEL ScienceAmershamDIY chemistry sets14.6641031/12/20
11M4 RecruitmentThatchamRecruitment agency19.86118031/03/21
12Metropolis CapitalAmershamInvestment management6.1561130/11/21
13Blue Apple Contract CateringReadingCatering services7.95221831/03/22
14Aurora Energy ResearchOxfordAnalytic and advisory services13.55013131/12/20
15Bridewell ConsultingReadingCyber Security13.84817021/04/22
16Matrix ElectronicsThealeElectronics distributor6.8481531/12/21
17Puzzle FreightWest DraytonCourier & logistics solutions5.937-31/12/21
18Inside Out GroupBicesterMulti-trade construction17.6357431/05/21
19Hawkins Group of CompaniesBanburyConstruction27.4358930/09/21
20LabcoldBasingstokeMedical & scientific refridgeration13.9356530/11/21
21AYM ServicesUxbridgeRoofing contractors15.334-30/09/21
22Hazlemere High WycombeDouble glazing fabricators15.13410531/01/22
23Deanfield HomesHigh WycombeHousebuilder16.3341731/03/21
24Cyberfort GroupThatchamCyber security solutions19.13412631/12/21
25Warner SurveysThealeUnderground utility services0.833731/12/21
26QHS (Quality Heating Services)High WycombeHeating services 9.03211531/03/21
27Bower & BaileyWitneyLegal services17.23212631/05/21
28Charterhouse Muller UKReadingSecure IT asset disposal2.1312030/06/21
29Haes TechnologiesWest DraytonFire alarm system control manufacturers1.8291731/12/21
30GB FleetcareBanburyFleet maintenance16.72811330/09/21
31Country EstatesReadingOffice space & commercial property provider8.7283631/12/20
32GBR TechnologySilchesterLubricant/fluid supplier3.7281530/06/21
33WG CarterAbingdonSpecialists in the renovation and construction19.2276930/09/21
34Mar Facilities ManagementBinfieldFacilities management16.22757531/12/20
35Aston ChemicalsAylesburySpeciality chemicals distributor14.8264230/06/21
36OneplmEynshamDigital software reseller19.6267130/09/21
375G CommunicationsHigh WycombeTelecoms services18.5269830/09/21
38Glenholme HealthcareEtonCare services13.32541531/03/21
39FG AldenKidlingtonBuilding service engineers13.4258130/09/21
40S4labourBanburyLabour management software2.5254631/03/22
41GigaclearAbingdonBroadband provider14.12538731/12/20
42Ilecsys GroupPrinces RisboroughElectrical distribution16.2257530/06/21
43Christopher Ward LondonMaidenheadEnglish-Swiss watchmaker13.2255931/03/21
44bChannelsOxfordChannel & partner network specialist9.92411531/12/20
45T A FisherThealeBuilding & development17.5237530/06/21
46CIPHRMarlowHuman resources software solutions19.22320031/12/21
47Hewland EngineeringMaidenheadGearboxes & component parts9.22310131/08/21
48KtwoAylesburyManufacture of muck spreaders & trailers9.8238731/12/21
49MediafleetWitneyVehicle branding4.4223730/06/21
50Meech InternationalWitneySpecialist manufacturing 15.72210730/09/21
51Craft BuddyCheshamArt & craft trade supplier6.8212431/12/21
52Adamson ConstructionSloughConstruction7.4214731/03/21
53Bauer GroupDatchetCommercial property developers6.3212431/12/20
54Ecoserv GroupWallingfordSustainable FM Services16.72168231/12/20
55ArcumThealeIT products supplier16.7213030/09/21
56Frog BikesAscotChildrens bike manufacturers12.9197328/02/21
57Wingfield and HodgkinGreat MissendenHousebuilder1.919-30/06/21
58Rivar GroupThatchamHousebuilder10.8192631/03/21
59Avco SystemsSloughSoftware developers3.2194130/06/21
60Jubilee Building SuppliesBracknellBuilders merchant5.3181930/04/21
61Takesi t/a NicholsonsOxfordForestry & gardening services12.71815931/07/21
62Sovrin PlasticsSloughInjection moulding and manufacturing services12.11711031/12/20
63TBI Financial ServicesReadingFinancial services4.2172330/04/21
64GreenfordsEversleyPark homes and storage solutions1.4171931/08/21
65Bridgwater BrosHaslemereMasons tools and memorials17.71624830/09/21
66Acorah Software t/a TaxCalcWokinghamAccountancy software solutions9.3169731/03/21
67Birchman GroupHare HatchBusiness consulting and IT services15.2162331/12/20
68Select Car LeasingReadingCar leasing19.31615731/03/21
69Cherwell LaboratoriesBicesterMicrobiological products 7.5157828/02/22
70Validus Risk ManagementEtonRisk management advisory6.9155131/01/22
71CourtiersHenley-on-ThamesWealth management16.9159731/03/21
72Ceta InsuranceChipping NortonInsurance broker10.51411030/09/21
73Langley EngineeringThealeVoltage distribution equipment/accessories3.314631/03/21
74Swift Group of CompaniesNewburyCourier10.31310330/09/21
75Berkshire LabelsHungerfordAdhesive label printers12.9127731/07/21
76Buzz GymReadingGym4.011931/12/20
77PRS DistributionWest DraytonDistribution and storage16.1119831/09/21
78Strongbyte Solutions t/a VoCoVoShipton-under-WynchwoodCommunications solution provider14.4114331/12/20
79Drennan InternationalOxfordManufacturer of fishing tackle11.6106731/12/20
80Advanced Fibreoptic EngineeringCartetonMechanical, electronic, software specialists6.4104930/06/21
81GlazpartBanburyPlastic glazing accessories10.0108331/05/21
82MM Bellinger & SonsWantageMotor dealerships16.295331/12/21
83Vail WilliamsReadingCommercial property agents16.9914931/05/21
84Rankin Brothers & SonsAylesburyBottle closure manufacturer13.495330/04/21
85BMG (Business Moves Group)ReadingRemovals and storage11.4910331/10/21
86New Model Venture CapitalGerrards CrossInvestment solutions3.18531/12/20
87Tax SystemsStaines-upon-ThamesTax system solutions15.589031/12/20
88FaulknersArborfieldCentral heating specialists10.486130/06/21
89Kosnic LightingNewburyLighting specialist15.684131/03/21
90MonodraughtHigh WycombeEnergy efficient systems manufacture & design12.289431/12/20
91Shorts GroupBracknellPlant hire & demolition15.5812431/05/21
92Cognito iQNewburySoftware providers11.9712331/12/20
93EV (EValue)NewburyFinancial Solutions7.578030/09/21
94PressbeauStoke pogesCare homes4.4710130/06/21
95X-Pharm (t/a Touchwood Pharmacy)SloughPharmacy16.2714531/03/21
96Sunbeam Fostering GroupSloughFostering agency18.7610231/03/21
97Wolfram ResearchLong HanboroughSoftware products & solutions10.564331/12/20
98Intralink GroupAbingdonInternational Business Development9.568031/03/21
99Wellington Health & Fitness ClubCrowthorneHealth & fitness club3.95331/07/21
100Deacon Holdings (John George & Sons)ReadingBuilding, roofing, fencing10.956631/12/20

Awards Categories

SME 100 Growth Award (below £10m)

Meet the Finalists:

  • Cherwell Laboratories
  • Craft Buddy
  • FullCircl
SPONSORED BY

SME 100 Growth Award (above £10m)

Meet the Finalists:

  • Bridewell Consulting
  • Cyberfort Group
  • Square Health
SPONSORED BY

Resilience Award

Meet the Finalists:

  • BMG (Business Moves Group)
  • Country Estates
  • Shorts Group
SPONSORED BY

Tech Company of the Year

Meet the Finalists:

  • Bridewell Consulting
  • Cyberfort Group
  • Oxford BioTherapeutics
SPONSORED BY

Workforce of the Year

Meet the Finalists:

  • Bridewell Consulting
  • Hawkins Group of Companies
  • Walker Logistics
SPONSORED BY

Owner-managed Business of the Year

Meet the Finalists:

  • Cherwell Laboratories
  • Craft Buddy
  • Hawkins Group of Companies
  • Square Health
SPONSORED BY

Contact us

Meet the Winners

SME 100 Growth Award (below £10m)

Winner: FullCircl

“A lot of organisations were interested in buying us but then I had a call with a CEO at another company who I knew and we talked about working together as our businesses are complementary. So, one plus one equalled three. We have extended our value proposition for both sets of customers; we can cross-sell, upsell and focus on customer retention, as well as customer expansion and growth. We used the Entrepreneurial Operating System to bring the businesses together with a common vision and collective core values. There may be future acquisitions and we are also really excited about strategic partnerships we are working on, including with Google.” Andrew Yates, CEO

Judge’s comments: “Another very strong category, with those short-listed having a minimum of 15% growth during the qualifying period, which in a ‘normal’ year would be excellent, but with Covid-19 and Brexit headwinds thrown in makes it even more impressive. Our winner grew by an amazing 115% during the qualifying period and has grown since, too. Throw in an acquisition and a rebranding, and it has been a very busy past year or two for them.”

Alistair McArthur, Herrington Carmichael (right) presents SME Growth 100 Award (below £10m) to Andrew Yates (centre) and Taylor Hart from FullCircl
SPONSORED BY
FINALISTS
  • Cherwell Laboratories
  • Craft Buddy
  • FullCircl

SME 100 Growth Award (above £10m)

Winner: Square Health

“Covid-19 had a big impact on the acceleration in adapting digital healthcare. It allowed us to mobilise huge amounts of resources across the UK and deploy them in areas of need. The UK has had to reinvent the delivery of healthcare and this was an open door for us. A catalyst was in people being able to access GPs when practices were closed and there have also been growing areas of healthcare provision, such as mental health services for younger people. We have been more-or-less doubling our year-on-year revenue. Our staff are the most critical part of the business and we have a culture of working hard, promoting teamwork and supporting each other.” Dr Bippon Vinayak, Co-founder and Monisha Vinayak, Commercial Director

Judges’ comments: “One of the fastest growing companies in our list, they have continued the rapid level of growth over the last year. By leveraging technology, they have quickly built solutions that complement and expand more traditional healthcare models. Their clear and focused vision and long-term client commitments suggest that we are only seeing the start of their success.”

Stuart Weekes, Crowe (right) presents SME Growth 100 Award (above £10m) to Dr Bippon Vinayak and Monisha Vinayak from Square Health
SPONSORED BY
FINALISTS
  • Bridewell Consulting
  • Cyberfort Group
  • Square Health

Resilience Award

Winner: Shorts Group

“We are always diversifying our business and the Covid-19 pandemic led us to add more services, like the provision of portable toilets and staff welfare offerings. We jumped into this market and growth here continues. We listen to our customers and our people as we expand. One of our biggest challenges is recruiting and retaining staff as skip and plant hire, along with waste collection, is a very hands-on business. One way we do this is through the apprenticeship scheme we set up six years ago. We also maintain strong links with our community, for example, with local rugby clubs. Many of our employees’ children play sports and we feel it is important to support the next generation. It’s an approach that is in the DNA of our family-owned business.” Gary Short, Owner, and David Guest, Finance Director

Judges’ comments: “A strong owner-managed family business, who have successfully grown and diversified their operations since the pandemic, while maintaining very strong links to each of the local communities in which they operate. They have overcome both internal and external challenges to refine and maintain their core business, while also developing multiple new service lines to complement their customer offering.”

Giles Blagden, Hicks Baker (right) presents the Resilience Award to Gary Short and David Guest from Shorts Group
SPONSORED BY
FINALISTS
  • BMG (Business Moves Group)
  • Country Estates
  • Shorts Group

Tech Company of the Year

Winner: Oxford BioTherapeutics

“Our business is about identifying new ways to tackle cancer and working with major pharmaceutical companies to develop therapies. We use a lot of technology in our approach, including mass spectrometry and analytical biochemistry. What drives the company is the passion we all have for what we do. We are striving for the same thing: to help cancer patients who don’t have other methods of treatment available to them.” Ben Thomas, Senior Director, and Lindsey Hudson, Director of Business Development & Partnership Alliance

Judges’ comments: “An exemplary business in its field, specialising in immunotherapies for cancer, with significant rates of success and continued business growth in recent years, they scored highly across several award categories. Their advancements in using technology to innovate ‘T cell therapies’, harnessing immune cells to help cure cancer, are industry leading and quite remarkable.”

Dominic Faires, Hicks Baker (right) presents Tech Company of the Year to Lindsey Hudson and Ben Thomas from Oxford BioTherapeutics
SPONSORED BY
FINALISTS
  • Bridewell Consulting
  • Cyberfort Group
  • Oxford BioTherapeutics

Workforce of the Year

Winner: Bridewell Consulting

“For us, it is always about getting the right quality of people. We have focused a lot on building our internal talent recruitment team that constantly maps out the best cybersecurity talent in the UK. When we interview people, if they are not quite right for us at the time, we keep in touch so if a role opens up we can bring them in. We focus a lot on learning and development, and we also recruit people who are ex-armed forces or on career transitions. We developed our company values in consultation with our staff and we all try to live by them.” Anthony Young and Scott Nicholson, Co-founders

Judge’s comments: “This was an incredibly strong category. Our winner has experienced a period of particularly rapid growth, hiring 15 people a month to now be a 200+ employee organisation. It was clear that the company values of ‘do the right thing’, ‘one team’ and ‘going above and beyond’ are key elements during the recruitment process and beyond, and it was this that gave our winner the edge.”

Alistair McArthur, Herrington Carmichael (right) presents Workforce of the Year to Antony Young and Scott Nicholson from Bridewell
SPONSORED BY
FINALISTS
  • Bridewell Consulting
  • Hawkins Group of Companies
  • Walker Logistics

Owner-managed Business of the Year

Winner: Craft Buddy

“I had worked for our father’s arts and craft business that imported goods from India and Gary had worked for a DIY chain where he gained experience sourcing products from China. We combined our knowledge to establish Craft Buddy. Our licenced product ranges with major brands began almost by accident when Disney visited our stand at a trade fair in Birmingham in 2020. We retail through a range of channels, including online, direct to consumers, to trade and distributors, and through TV shopping. We aim to continue on the same growth trajectory as we build the brand and get in front of more consumers.” Dino and Gary Wadhwani, Co-founders

Judges’ comments: “A strong group of family and owner-managed businesses made judging very difficult. Our winner impressed with their passion and commitment in a challenging sector. Their pragmatic and timely strategies alongside a genuine bootstrapped approach is an ideal lesson in how to navigate the myriad channels of retail. What was started by two brothers in their aunt’s house is now winning new customers in over 30 countries with their innovative brand and licence portfolio.”

Stuart Weekes, Crowe (right) presents Owner-Managed Business of the Year to Dino and Gary Wadhwani from Craft Buddy
SPONSORED BY
FINALISTS
  • Cherwell Laboratories
  • Craft Buddy
  • Hawkins Group of Companies
  • Square Health
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