Home Business NewsBusinessBusiness Growth News The UK’s most profitable financial businesses named

The UK’s most profitable financial businesses named

by LLB Reporter
26th Oct 23 5:35 am

E2E, in association with The Independent and in partnership with IWG plc as the strategic founding partner, has today announced its Profit 100 track; a track which identifies privately owned, UK-based financial companies with an operating profit of more than £5 million over the past two years, excluding those with fewer than 10 employees. The ranking is based on percentage operating profit growth over the two most recent filing periods

Identifying businesses from a host of sectors including financial, the E2E Profit 100 track will launch on the 26th of October and will be celebrated at the House of Lords, with a dinner for the 100 companies featured, accompanied by some of the UK’s top business leaders.

Financial businesses featured in the track and demonstrating impressive operating profit are:

  • NewDay with 4975% operating growth
  • Breal Group with 508% operating growth
  • Iwoca with 231% operating growth
  • Phoenix Asset Management with 226% operating growth

The E2E Profit 100 is the final track in the E2E 100, an initiative designed through the publication of six league tables, coupled with a large-scale reception for each launch and a series of associated content. Each celebratory launch dinner was held at the Houses of Parliament, kindly supported by Lord Bilimoria CBE, DL, Founding Board Director, E2E.

The tracks have been created to showcase the very best UK companies that are excelling, experiencing consistent growth, and presenting disruptive business strategies. They are creating an impact not just in their own sector, but also on a nationwide, and in some cases, global scale. E2E is an exciting and ground-breaking powerhouse of entrepreneurs, investors, non-execs, and SME-focused corporate organisations. Its mission is to develop the largest and most active entrepreneurial ecosystem in the UK to enable extraordinary entrepreneurship.

Speaking about the E2E Profit 100 track, Shalini Khemka CBE, founder of E2E says: “The diverse range of sectors featured on the E2E Profit100 is a real testament to the amazing work being done in the UK. From manufacturing to construction and the automotive sector, the figures these companies are achieving are amazing and a high reflection of the dedicated workforces around the country and globally helping to cement their brands and the leaders that they’ve been recognised as.”

Lord Bilimoria CBE, DL said: “I have been a founding Board Member of E2E and under the leadership of Shalini Khemka CBE, which is fast becoming the go-to organisation to support UK Founders, Business Leaders, and Investors. Since 2011, the E2E team has built an exceptional platform for entrepreneurs to meet, learn, raise investment, and access corporate support. The E2E Profit 100 track is a celebration of the UK business community, and of course, long may it continue.”

Richard Morris, UK Chief Executive of IWG plc, observed:“A partner of E2E for over eight years, IWG has first-hand experience of the invaluable support available to the UK SME sector. From the numerous networking opportunities to the quality member speakers, to say the least, what E2E offer is top-class. We are proud of our longstanding partnership with E2E.”

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