Telensa soars into UK top four for export growth
Cambridge-based wireless control systems developer Telensa is the top-ranked company of six East of England businesses featured in the 4th annual Sunday Times Lloyds SME Export Track 100 league table
The other five are all based in Suffolk. The Export Track 100 ranks the UK’s private SMEs with the fastest-growing international sales and is published in the Sunday Times this weekend.
The companies headquartered in the East of England are all new entrants to the league table and three make the top 10. The super six double the number of local businesses which made it into the rankings last year.
Their international sales have grown by an average of 120 per cent a year over two years to a total of £53 million and together they employ more than 500 people.
Telensa is one of 18 technology firms in the table. Its lighting systems save energy and cut maintenance costs and are used in over 80 cities worldwide, including Atlanta and Dubai.
The company’s international sales rose by an average of 190 per cent a year to £10.3m in 2017, placing it fourth nationally.
Five Suffolk companies strut their export stuff. George Baker Group, a Felixstowe transport logistics consultancy, was eight in the UK with 172 per cent growth to £7m international sales.
Electrical component manufacturer Rockford in Rendlesham is 9th. It had 162 per cent growth to £6.5m in exports.
Online electronics retailer The Pi Hut in Haverhill is ranked 21st with 108 per cent growth to £4.3m in export sales.
Ipswich-headquartered Superyacht Tenders And Toys, which sells inflatable slides, submersibles and water jet packs, is in 45th position. It supplies fleets owned by Middle Eastern royalty, which helped exports grow 69 per cent to £5.4m last year.
Denny Bros Group, a Bury St Edmunds printing services supplier, was 71st with 46 per cent export growth to £1.6m.
The companies in the East appear with businesses from around Britain, including drinks manufacturer Cawston Press, hobby retailer Crafter’s Companion and chocolatier Monty Bojangles.
The latest league table illustrates how British companies are increasingly looking beyond their traditional export markets for growth, with more than 82 selling to countries outside Europe and the US, compared to 60 companies last year. The vast majority (93) say future international growth will come from outside Europe.