Digital bank tops list of 100 fastest-growing British businesses
The latest Sunday Times research shows which private businesses are rapidly climbing the ranks across entrepreneurial Britain.
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A digital bank has topped a list of the fastest-growing firms in Britain, and a quarter of the top 100 were launched by women, according to the Sunday Times.
The latest research shows which private businesses are rapidly climbing the ranks across entrepreneurial Britain.
Allica Bank has taken the top spot this year, having seen its annual sales soar by more than sixfold on average over the past three years.
The digital business-focused bank has rolled out market-leading savings rates and also offers commercial mortgages of up to £10 million.
Birmingham-based healthcare recruitment and consultancy Clive Henry Group is named as the second fastest-growing company, with average annual sales more than tripling.
Meanwhile, food and nutrition brands are making strides this year, with food supplement brand Rheal, CBD drinks and oils maker Trip, and health supplements brand Ancient + Brave completing the top five.
The Sunday Times 100, a network of reporters from across the Times newspapers, compiled the third annual list by examining sales growth figures across private companies.
The research also found that a quarter of Britain’s fastest-growing businesses in the latest year were founded or co-founded by women.
However, that is slightly fewer than the 28 female entrepreneurs who made the top 100 in last year’s rankings.
Fewer than half of the companies in the list are based in London – 43 – with the rest spread out across the country.
Other notable brands to feature in the rankings include athleisure brand Castore, which has the backing of British tennis champion Andy Murray, and affordable bridalwear retailer Six Stories.