Organised by leading law firm Ward Hadaway and backed by The Journal, the Fastest 50 list highlights and celebrates the achievements of the profitable, privately-owned companies in the region which have grown their turnover by the largest amount in recent years.
Colin Hewitt, partner and head of commercial at Ward Hadaway, said: “Once again, the Ward Hadaway Fastest 50 has delivered a fascinating insight into the breadth and range of companies which are succeeding in growing their businesses.
“The sheer variety of companies represented in the list demonstrates the continuing strength and vibrancy of the region’s business world and provides further fuel to the North East’s key role in the Northern Powerhouse agenda.
“In this list are 50 reasons to feel optimistic about the future of the North East economy and its importance to the UK and to global markets.
“All the businesses listed here are forging ahead and seeing their turnover grow whilst remaining profitable – they are real trailblazers who deserve our support, encouragement and our applause.”
The first time that Cool Designs Ltd has appeared on the list since its inception, overall appeared in 32nd place across all businesses and 11th medium sized business.
“It’s testament to the hard work we have put in over the years, through difficult trading conditions we never lost sight of our core values. We’ve constantly and effectively striven to find innovative ways to share information with our client base while growing responsibly as a carbon neutral company”.