Laser Wire Solutions are pleased to announce that we received two awards at the annual Fast Growth 50 award ceremony on 30th November 2023. Walking away from the ceremony with an Innovative Growth Award and named 34th in the list of the top 50 firms in Wales for growth, the Laser Wire Solutions team are delighted with the recognition – all a result of the hard work and dedication of our team.
The UK Fast growth 50 Index is an initiative that has been running in Wales for 25 years as of 2023. The Fast Growth 50 identifies the top 50 fastest-growing companies in six nations and regions, including Wales. This year’s index for Wales has highlighted businesses from multiple sectors that together generated a turnover of £879 million, at an average growth rate of 208 percent, with the creation of nearly 2,000 jobs in two years.
By being part of the Fast Growth 50, Laser Wire Solutions has demonstrated a strong performance and made a positive contribution to the Welsh business community.
The Fast Growth 50 Awards, organized annually, celebrate the success and growth of businesses across various sectors. This year, Laser Wire Solutions had been shortlisted for two prominent awards: “Fastest Growing Business in Wales” and ” Fastest Growing Technology and Digital firm in Wales”. But instead came away with an Innovative Growth Award and named 34th in the list of the top 50 firms in Wales for growth.
Applications and Contract Manufacturing Business Unit Manager, William Tindle, and Sales Operations Lead, Nicola Parry, were present at the award ceremony to receive the awards on behalf of Laser Wire Solutions.
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 Laser Wire Solutions 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 Wales list is in partnership with UBS Wealth Management, 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.”
The Laser Wire Solutions team are looking forward to an exciting 2024. We have some exciting things happening behind the scenes, which involves more innovation, so keep your eyes peeled for some exciting announcements!