PedalCover join an exclusive club of alumni companies.
We’re thrilled and honoured to be included in Startups.co.uk’s prestigious Startups 100 2016 – the definitive index of the UK’s 100 fast growth-potential new businesses.
We join an exclusive club of alumni companies which includes Captify, notonthehighstreet.com, Zoopla, YPlan, Hello Fresh, and many more esteemed businesses.
Now in its seventh year, the Startups 100 index identifies privately-owned UK companies launched on or after 1 January 2013 which demonstrate innovation, solid financials, economic impact and the ability to scale.
This year’s index offers up a host of encouraging figures for the growth-potential of the country’s start-ups; collectively the index boasts average annual turnover of £1.54m.
Startups.co.uk editor, Lucy Wayment, commented: “The average turnover of the start-up businesses in this index is £1.54m, nearly £400,000 more than in 2014, which is a good indicator that the UK’s start-up businesses are thriving and are only set to scale further in the coming months.
“Year-on-year, the Startups 100 index celebrates the fast-growth potential of UK start-ups and shines a light on the game-changing new businesses helping to drive the economy.”
Darren Thomas, founder and managing director of Pedalcover Insurance, said: “We’re thrilled to have been recognised as one of 100 exciting start-ups in the UK. We’re amongst some outstanding company set for big things and some amazing alumni of businesses that have gone onto be household names. Inclusion in the index marks a really positive start to 2016 and we’re excited about the rest of the year.”