PowaKaddy has been identified again as one of 1000 Companies to Inspire Britain in a report that celebrates the UK’s fastest-growing and most dynamic businesses.
PowaKaddy has been identified again as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.
Central to the pioneering brand’s success was the growth of the popular electric trolley range, the Freeway, as well as the launch of the Compact C2, the most successful electric trolley launch in the UK market for over four years.
PowaKaddy celebrated a record-breaking year with 40% year-on-year growth of UK sales, which was fuelled by the ongoing impact of the switch to Lithium batteries which give 20% more staying power as well as management’s decision in early 2015 to add another assembly line to its Sittingbourne factory to increase production capacity by 50%.