1-4 45%
55%5-249
Business services
760
160
158
156
174
208
214
Food and drink
Retail
Software
Healthcare
Recruitment
Consulting
Media
Design
Training
237
292
287
253
Engineering
329Construction
450Information technology
682
Manufacturing
Employee numbers
Location – Regions
32%
>10
29%
5-10
19%
1-2
7%
<1
13%
3-4
Years trading
Barriers to growth
Client Feedback
Big ideas to growth
10,000businesses
The first
5%
16%
9%
10%
12%
17%
8%
15%
North East
Yorkshire and Humber
East
South East
London
South West
West Midlands
North West
9%
East Midlands
Key sectors
Size – Turnover
<£50k £50-249k £250-999k £1m-£10m >£10m
15%
24%
30%28%
3%
of clients would recommend GrowthAccelerator
of clients satisfied with their Growth Coach
of clients satisfied with their Growth Manager
of clients on track to achieve their growth plan milestones
Skills & Staff Finance Sales & Marketing
Strategy & Management
External Constraints
(i.e. regulation)
Start-up Micro Small Medium
50%
40%
60%
30%
20%
10%
0%
At GrowthAccelerator we are extremely proud to say that we're now supporting over 10,000 high growth businesses in achieving their ambitions. Analysis of GrowthAccelerator’s client base offers unique insight into the barriers facing high growth SMEs. In particular, the analysis shows how these barriers vary depending on business size, stage of growth and what businesses feel is their “big idea” for the future.
Businesses working with GrowthAccelerator are generally larger than the SME population across England - 26% of English businesses employ more than four people compared to 55% of GrowthAccelerator clients; and only 10% of English SMEs turn over more than £1m compared with 31% of GrowthAccelerator SMEs. The service’s clients are spread nationwide and occupy a broad variety of sectors, showing that high growth can come from anywhere. In terms of age, the majority of the 10,000 clients are at least five years old, confirming that high growth is not the preserve of start-up businesses.
