BDO identifies top 20 mid-market companies celebrating profit growth

Five Portsmouth and West Sussex companies feature in this year’s list of top 20 companies demonstrating sustained and impressive profit growth as part of accountancy and business advisory firm BDO LLP’s Central South Mid Market focus.

The five companies named include Portsmouth-based Wiggle Limited, Chinatool UK Limited, Portsmouth Aviation Holdings Limited, Fareham-based Cobweb Solutions Limited, and W Stirland Holdings Limited.

Jane Mulholland, BDO Partner, comments: “Interestingly, some of the most successful companies don’t come from the ‘dynamic’ sectors that might be expected to bring significant profit growth, but from more traditional industries such as civil engineering, manufacturing and logistics.

“In my experience, profitable growth is delivered by strong management teams who plan for all eventualities.  Speed of reaction, efficiencies, diversification and bold business model restructuring, can all help to change and control a company’s destiny.”

BDO Partner Steve Le Bas added, “We have discovered that the really successful companies have gone back to the basics of business – customer satisfaction, quality products and services, value for money – although talent, experience and technological advances have also played their part.”