Mark Wilcox lasted just two weeks in retirement before he got the idea for Activate, a technology-led vehicle insurance and accident management company that now employs 750 and has annual sales of almost £200m.
Unlike many other pharma companies that focus their efforts on launching new treatments, Cycle’s aim is to improve drugs that already exist.
Recent years have seen a rise in purpose-led businesses, with missions going beyond making a profit. One of these businesses is Bboxx, a solar energy firm dedicated to ending energy poverty.
Founded in 2016, Storal Learning is a community of day nurseries born from a belief in the power of early years education. The company is growing steadily through acquisition: with five new sites in the last 12 months, it has increased in capacity for children and staff by almost a third.
“I’m always making mistakes. But it’s about what you learn from those mistakes and how you take a business forward that matters,” says Ronnie Miller, a serial tech entrepreneur who is currently on his sixth business, Paysend.
Ali Hall and Julie Lavington ran a magazine before launching online fashion brand Sosandar. Thanks to their flair for marketing and focus on careful planning in the face of rapid change, the AIM-listed business is now among the UK’s fastest growing. In this article, they explain why they believe it has only scratched the surface.
Babylon, which was founded in 2013 by Anglo-Iranian entrepreneur Ali Parsa, now has a presence in 15 countries. It helped a patient every six seconds in 2021, and is one of the world’s fastest-growing digital healthcare firms.
Beauty Pie, the online beauty membership service founded by the serial entrepreneur behind Soap & Glory and FitFlop, saw turnover increase 140% during the Covid-19 pandemic as Britons quickly adapted to shopping online for makeup and skin products.
The company, which helps governments and organisations automate the detection and investigation of threats from criminal activity such as money laundering, has been on a growth spurt since raising £28m in September 2020 in a funding round led by US-based private equity firm Long Ridge. Annual revenue surged by 61% to £7.9m in the 2020 financial year and employee numbers have jumped by 45% in the past 18 months to 100.