Simply Asset Finance, the specialist business lending provider, has been ranked in the FT1000’s list of Europe’s fastest-growing companies. It is the third year running the business has been recognised in the list.

The FT1000 list is a joint venture between the Financial Times and German research company, Statista, and tracks the 1,000 fastest-growing businesses in Europe.

Mike Randall (pictured), CEO, Simply Asset Finance: "We're really proud of our significant growth within the business since our inception in 2017, and the fact we have now been featured in the FT1000 for three consecutive years is an incredible achievement.

“Over the course of the ranking’s eight-year running, there have only been a small number of companies who have had the honour of being listed three years in a row. This is a huge recognition for us, and I can only thank the hard work of the team at Simply and support of our customers and partners in achieving this milestone."

This year’s FT-Statista annual ranking of Europe’s fastest-growing companies reflects the shifts in corporate fortunes as the region’s businesses have sought to manage, and then recover from, the impact of Covid-19.

Though many businesses have struggled or failed to survive, others have demonstrated resilience and been able to thrive.
The FT 1000 ranking showcases those European companies that have grown fastest in the face of all these challenges. This year, a minimum average growth rate of 36.9% was required for inclusion.

London has retained its position as the city with the highest number of fast-growing companies for the eighth consecutive year, with 70 businesses on the ranking.