Online printing company instantprint have cemented their place in the Sunday Times Virgin Fast Track 100, after continuing their impressive growth in 2016.
The Yorkshire-based business were named 88th in the list of Britain’s fastest growing private companies after seeing their revenue grow by an average of 54% per year over the past three years.
Founded in 2009 by Adam Carnell and James Kinsella whilst at University, the business now employs a team of more than 260, including the addition of 92 in the past 12 months, and is the UK’s fastest growing printer.
In 2015 instantprint became the first Rotherham-based firm to make the list, taking position 50 having averaged 62% growth over the previous three years, a feat that has now been repeated in 2016.
Instantprint co-founder Adam Carnell said:
“It is terrific that we have been able to retain our place in the Fast Track 100 and are amongst such a prestigious cohort of companies. Our business has continued to grow at a tremendous rate this year; we have added a great group of new faces to the company, built on our revenue, and been able to invest in more production equipment.”
We have worked hard to gain this success since instantprint was founded and being named in the Fast Track 100 for a second straight year is a testament to everyone that works for the business.”
Instantprint is part of the Bluetree Group, created in 2012 alongside sister companies Route One and Bluetree Point of Sale.
Over the past two years the business has invested £16 million in the latest generation equipment coupled with a new production facility based in Manvers just outside of Rotherham. This move has been supported by a £1.5 million grant from the LEP’s Unlocking Business Investment Regional Growth Fund programme.
To qualify for the Sunday Times Virgin Fast Track 100 a business needs to have grown sales by at least 42% for three consecutive years, achieved over £5m sales in the final year and achieved an operating profit of over £500,000 in the final year.
Instantprint co-founder, James Kinsella commented:
“This is such a fantastic accolade for instantprint to receive, especially for a second consecutive year. Over the past few years the team have worked incredibly hard to keep developing our proposition and moving the business forward in a very competitive market. It’s great to see UK manufacturing performing and it’s a credit to the team we have here“
