Window Supply Company Named as the 5th Fastest Growing Company on Scotland’s 2023 Fast Growth 50 Index.
Window Supply Company, a uPVC window and door manufacturing business from West Lothian, named as the 5th Fastest Growing Company on Scotland’s 2023 Fast Growth 50 Index.
Whitburn, West Lothian, December 2023, Window Supply Company, a company operating in the construction industry, has been recognised as the 5th fastest-growing business in Scotland. This is part of the Fast Growth 50 index for 2023, which identifies the fifty fastest-growing companies across six nations and regions, including Scotland. This achievement underlines Window Supply Company's significant impact on Scotland's economy and its capacity for growth and innovation.
About the Fast Growth 50
The Fast Growth 50 is an annual index that identifies the top 50 fastest-growing companies in six nations and regions, including Scotland. This year's index for Scotland has highlighted businesses from multiple sectors that together generated a turnover of £891 million, at an average growth rate of 134 percent, with the creation of nearly 2,488 jobs last year.
Role in Scotland's Business Scene
Being part of the Fast Growth 50, Window Supply Company has shown strong performance and made a positive contribution to Scotland’s business community.
Professor Dylan Jones-Evans OBE, Founder Fast Growth 50 said:
”The UK Fast Growth 50 Index demonstrates that a small number of fast growth firms such as Window Supply Company make a substantial contribution to the UK’s economic landscape, providing real examples of how innovation, enterprise and sheer hard work can make a real difference in all sectors from construction to financial services to technology.
Their incredible growth during difficult times shows that through generating wealth and jobs in their local communities, entrepreneurship is the cornerstone of regional and national prosperity. Most important of all, their success stories demonstrate the impact of ambition and adaptability, providing a blueprint for sustainable growth that will hopefully inspire others to follow a similar journey.”
This year’s Fast Growth 50 Scotland list is in partnership with UBS, the world’s leading and truly global wealth manager.
Mark Goddard, Head of UK Regions at UBS Global Wealth Management said:
“Business owners and entrepreneurs are the engine of our economy, and UBS has a long history advising and connecting them on each stage of their wealth journey, helping them to unlock their potential. Led by entrepreneurial spirit and often solving some of the UK’s biggest issues, the level of talent and innovation uncovered through this year’s list shows that more needs to be done to support small businesses to strengthen local economies and give back to the local community. As the lead sponsor of this year’s Fast Growth 50, UBS is looking forward to following and supporting these businesses as they go from strength to strength.”
Shortlisted for Two Awards
In addition to the prestigious acknowledgement of the 5th fastest-growing business in Scotland, Window Supply Company is ranked as the fastest growing firm within manufacturing and engineering. The company has also been shortlisted for both the ‘Customer Service Excellence’ and ‘Sustainable Practices Champion’ awards to be announced on 28th February 2024.
Duncan Murray, CEO & Founder of Window Supply Company says:
“We are growing and at pace. We are thrilled to be recognised as one of the fastest growing businesses in Scotland. To be positioned as the fastest growing firm in the manufacturing and engineering sector is testament to the team’s expertise and forward-thinking vision. Key to our success is undeniably our agility, as we continue to adapt to the many challenges facing the sector. A carefully selected mix of industry leading supply chain partners driven by product innovation keeps Window Supply Company at the forefront of our sector, contributing to our success.”
Contribution to Growth and Job Creation
During 2020 to 2022, Window Supply Company was instrumental in the Fast Growth 50’s collective turnover increase of £510 million, also creating 170 new jobs. This highlights the company's role in Scotland’s economic growth, particularly post-COVID-19.
Diverse Range of Businesses
The Fast Growth 50 features companies from various sectors, adding to the diversity of Scotland's economy. Window Supply Company with its focus in the construction sector is part of this varied business landscape.
What’s Next for Window Supply Company
While the current economic climate in the sector remains volatile, there’s more growth planned as the company seeks to capitalise on their market share in England and launch a range of diverse new products to satisfy growing market demand.