The Sunday Times has unveiled its 2024 edition of The Sunday Times 100, Britain’s fastest-growing private companies. highlighting the most dynamic private businesses in the UK. The league table takes on the baton from The Sunday Times Fast Track 100 series, which celebrated the country’s leading entrepreneurs for 24 years.
Wilson Power Solutions has been recognised as one of the 100 fastest-growing companies in the UK with a 3-year annual sustained growth rate of 62%.
The Sunday Times writes about Wilson Power Solutions:
“This third-generation manufacturer traces its roots back to 1946, when its founder, Richard Wilson, started selling flameproof equipment, pumps and motors.
It has since grown to a business with sales of £94 million in the year to April and a team of nearly 500 people, led by Erika Wilson, 45, apprentice turned managing director.
The Leeds company’s focus has changed significantly in the past 78 years, and it now makes transformers […] and the family business is on a mission to make the most energy-efficient ones possible. It says its latest models can save organisations more than 500 tonnes of carbon dioxide emissions when they replace old, energy-guzzling versions.
Projects include replacing transformers at the University Hospital of South Manchester, which it said led to a 6 per cent reduction in energy consumption and savings of £31,000 a year and installing more than 90 transformers for Tesco. It also connects battery energy storage sites, solar farms and EV charging stations to the grid.
The group has expanded overseas, with a factory in Chennai, India, and a transformer rental power business in Dubai.”
Erika Wilson, Wilson Power Solutions Managing Director says this would not be possible without the efforts of the entire company and its staff:
“As the Managing director of this remarkable company, I am immensely grateful for our team’s unwavering dedication and exceptional involvement. It is their drive, team spirit, experience and collaborative efforts that have propelled us to The Sunday Times 100 list. Each member of our team has played a vital role in our success, and it is their commitment to excellence that continues to lead us towards new heights. This recognition is a testament to our hard work, and I am proud to be part of such an outstanding group of individuals.”
The list features a diverse array of companies from various sectors, and we are in the company of brands like Jeremy Clarkson’s fastest-growing beer brand, Hawkstone. Collectively, The Sunday Times 100 generated sales of £2.9 billion. Wilson Power Solutions and the other 99 featured companies have created 10,000 new jobs in the past three years, taking their total headcount to 13,670 people, of which 10,000 were roles created in the past three years
For further details and the complete list of companies, visit the Sunday Times website.