Two South Yorkshire-based companies have made it into the top 100 league table showing Britain’s private small and medium-sized companies (SMEs) with the fastest-growing international sales over the last two years.
Sheffield firm X-Cel Superturn was placed 55th and Rotherham’s Planet X was positioned 69th in the Sunday Times BT Business SME Export Track 100 league table.
There are eight companies headquartered in Yorkshire which feature on the list and have made a significant contribution to the regional economy.
Together, their international sales have grown by an average of 73 per cent a year over the last two years to a total of £52m, and they now employ a total of 887 people.
Danny Longbottom, managing director UK SME at BT Business, said: “I would like to congratulate the businesses recognised in the inaugural Export Track 100, who are proving that it’s not necessarily size that determines international success.
“These businesses have used a combination of self-starting ambition, smart use of technology, and sheer hard work to punch well above their weight in the global market. The fruits of their labour are contributing to a strong and diverse UK economy.”
X-Cel Superturn, based in Newhall, employs 138 staff and specialises in producing precision machined components for the power generation industries. The firm enjoyed a 53 per cent international sales growth. Planet X has a workforce of 120 and works with bike designers in the US and Italy to develop new frames. International sales growth was 43 per cent.