P2P Group, the mailing and distribution solutions provider, has featured in the London Stock Exchange Group’s (LSEG) 1000 Companies to Inspire Britain, a landmark report identifying the UK’s most exciting and dynamic small and medium-sized businesses. The achievement comes as the company announces increased revenues from £29.3m during the twelve months from April 2013 to March 2014, to £33.5m for the nine months between April and December 2014. An operating profit of £1m was recorded during the same nine month period.
The list of 1000 Companies to Inspire Britain is based on percentage of average compound annual growth rate. LSEG analyses how individual companies’ growth compares with that of their Standard Industrial Classification (SIC) grouping. Businesses are then ranked and those that have most outperformed their sector average make it onto the list.
Xavier Rolet, Chief Executive, London Stock Exchange Group said: “This report is a significant part of London Stock Exchange’s broader campaign to support UK high growth companies in their journeys from Start-up to Stardom and to create an entrepreneurship revolution. I’m delighted that a strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies has been created to support these inspiring businesses.”
Paul Galpin, Managing Director, P2P Group said “We’re thrilled to be included in LSEG’s list of 1000 Companies to Inspire Britain. It’s testament to the hard work of the entire team who have worked so hard to build P2P Mailing into a thriving business since the launch just six years ago. Our latest growth figures show that the company is continuing to expand at an impressive pace, and we are now fully focused on implementing a plan to build on this success.
“As part of this strategy, in April we are opening a new Civil Aviation Authority (CAA) approved hub at London Heathrow that will facilitate the management and direct despatch of mail and parcels worldwide. The hub will give us greater control by reducing our reliance on intermediaries, enabling us to deliver improved quality, and faster transit times to our customers and their consumers. Retailers appreciate our consultative approach to their delivery needs. As well as sending products successfully from A to B, we take a holistic view of fulfilment and delivery. By considering these processes from the customer perspective we can identify ways to optimise them, improve customer satisfaction and ultimately help retailers to grow.”