Region's fastest growing firms revealed in list

LEADER CAME SECOND IN ALL-WALES RANKING

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A LIST of the fastest-growing indigenous firms in Wales has been released.

The Wales Fast Growth 50 for 2025 ranks firms on revenue growth between 2022 to 2024.

In 2022 the firms on this year's Wales Fast Growth 50 generated a combined turnover of £312m. By 2024, this had increased to £1.05bn with Wales' fastest-growing businesses adding an impressive £740m in additional sales. This growth rate of 237% compares with growth of 182% across the UK index and was second only to London in terms of overall growth.

There were six North Wales firms on the list this year with Eco 24/7 coming out on top in the region. The overall Wales winner was Cwmbran-based renewable energy solution venture Smart Energy Homes.

Professor Dylan Jones-Evans, founder of the Wales Fast Growth 50 and UK Fast Growth Index, said: "Wales is no longer simply producing occasional standout success stories and this year's index demonstrates that we are developing a critical mass of high-growth firms that are outperforming much of the UK. The key challenge now is to ensure that these businesses receive the finance, infrastructure and policy support required to enable them to scale globally while remaining firmly rooted in Welsh communities.