Last checked at 3 Nov 2020 08:00
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
Westminster Group PLC recognised as one of the
'1,000 Companies to Inspire Britain in 2020'
Report by the London Stock Exchange Group.
Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that it has been identified as one of the '1000 Companies to Inspire Britain' 2020 in a report issued today by the London Stock Exchange Group. The report recognises the UK's fastest-growing and most dynamic small and medium sized businesses, highlighting the regional and sector diversity of the UK's SMEs and the entrepreneurial spirit shown by these companies.
To be featured in the report, businesses had to be registered in the UK either as a LTD, PLC or LLP and demonstrate strong revenue growth over the last three years and outperform their sector peers, creating a unique list of the UK's most innovative SMEs.
Peter Fowler, Chief Executive of Westminster Group, said:
"We are very proud to have been recognised by the London Stock Exchange as one of the select 1000 Companies across all sectors to Inspire Britain 2020, especially in a year like this one. 2020 has been a difficult year for everyone but our team has continued to work hard and helped to make Westminster stand out. We are continually investing across our business and striving to supply much needed products and solutions for our customers.
"Following three years of double-digit percentage revenue growth we have further delivered a remarkable 24% growth in the first 6 months of 2020, despite the world impact of COVID-19, to a global client base including prisons in the UK, law enforcement in America, facilities in Germany, Israel, Iraq, and Hong Kong; and even the Palace of Westminster.
"There are approximately 4 million companies registered in UK, with some 500,000 new incorporations each year, so to be highlighted in the 1,000 most inspirational in UK this year is a great accolade and a testament to the hard work and dedication of all our staff."
David Schwimmer, CEO, London Stock Exchange Group, added:
"This report highlights the vital role of SMEs in driving economic growth, leading innovation and providing jobs across the UK. In this challenging year for businesses, it is more important than ever to shine a light on these stories of resilience and entrepreneurship."
Further details on the 1000 Companies to Inspire Britain report and methodology can be found online at www.1000companies.com.
For further information please contact:
Westminster Group Plc | Media enquiries via Walbrook PR |
Rt. Hon. Sir Tony Baldry - Chairman |
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Peter Fowler - Chief Executive Officer |
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Mark Hughes - Chief Financial Officer |
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S. P. Angel Corporate Finance LLP (NOMAD & Broker) |
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Stuart Gledhill | 020 3470 0470 |
Caroline Rowe |
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Walbrook (Investor Relations) |
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Tom Cooper | 020 7933 8780 |
Paul Vann |
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Nick Rome | Westminster@walbrookpr.com |
Notes:
Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.
Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO's) and blue-chip commercial organisations.