Reading, UK — 09/11/23
Bridewell, a cyber security business from Reading, named as the 30th fastest growing company in the South of England 2023 Fast Growth 50 Index.
Bridewell, a company operating in the cyber security industry, has been recognised as the 30th fastest-growing business in the South of England. This is part of the Fast Growth 50 index for 2023, which identifies the fifty fastest-growing companies across six nations and regions, including the South of England. This achievement underlines Bridewell’s significant impact on the South of England's economy and its capacity for growth and innovation.
About the Fast Growth 50
The Fast Growth 50 is an annual index that identifies the top 50 fastest-growing companies in six nations and regions, including the South of England. This year's index for the South of England has highlighted businesses from multiple sectors that together generated a turnover of just under £1.6 billion, at an average growth rate of 157 percent, with the creation of over 3,153 jobs last year.
Role in the South of England's Business Scene
Being part of the Fast Growth 50, Bridewell has shown strong performance and made a positive contribution to the South of England’s business community.
Professor Dylan Jones-Evans OBE, Founder Fast Growth 50 said:
“The UK Fast Growth 50 Index demonstrates that a small number of fast growth firms such as Bridewell make a substantial contribution to the UK’s economic landscape, providing real examples of how innovation, enterprise, and sheer hard work can make a real difference in all sectors from construction, to financial services, to technology. Their incredible growth during difficult times shows that through generating wealth and jobs in their local communities, entrepreneurship is the cornerstone of regional and national prosperity. Most important of all, their success stories demonstrate the impact of ambition and adaptability, providing a blueprint for sustainable growth that will hopefully inspire others to follow a similar journey.”
This year’s Fast Growth 50 South of England list is in partnership with UBS, the world’s leading and truly global wealth manager.
Mark Goddard, Head of UK Regions at UBS Global Wealth Management, said:
“Business owners and entrepreneurs are the engine of our economy, and UBS has a long history advising and connecting them on each stage of their wealth journey, helping them to unlock their potential. Led by entrepreneurial spirit and often solving some of the UK’s biggest issues, the level of talent and innovation uncovered through this year’s list shows that more needs to be done to support small businesses to strengthen local economies and give back to the local community. As the lead sponsor of this year’s Fast Growth 50, UBS is looking forward to following and supporting these businesses as they go from strength to strength.”
Scott Nicholson and Anthony Young, CEO at Bridewell
"This growth has been achieved by all at Bridewell focusing on providing the best service and experience for our customers across critical infrastructure and highly regulated environments at a time when we are seeing a continual rise in cyber attacks.” says Anthony Young, Co-CEO, at Bridewell. "Many thanks to everyone across Bridewell for their hard work, passion, and dedication which shines through in the services we are delivering to our clients."
Contribution to Growth and Job Creation
During 2020 to 2022, Bridewell was instrumental in the Fast Growth 50’s collective turnover increase of £977 million, also creating 50 new jobs. This highlights the company's role in the South of England’s economic growth, particularly post-COVID-19.
Diverse Range of Businesses
The Fast Growth 50 features companies from various sectors, adding to the diversity of the South of England’s economy. Bridewell, with its focus in the cyber security industry, is part of this varied business landscape.
What’s Next for Bridewell
Looking forward, Bridewell has plans to continue its expansion in the US and drive even more positive change for the cyber community.