E2E has joined forces with The Independent to launch a new business performance tracking project called the Profit 100. E2E, which has ambitions to develop the UK’s largest and most active entrepreneurial ecosystem, will monitor privately owned companies to create ranking structures for six categories.
These ranking tables will involve UK-based firms that have an operating profit of more than £5m, but excluding those with fewer than 10 employees. The ranking will be based on a company’s ‘percentage operating profit growth’, during the two most recent filing periods.
E2E’s aim is to empower businesses with the knowledge, connectivity and tools they need to grow successfully. The six E2E league tables are: Female 100, Tech 100, International 100, Job Creation 100, Dynamic 100 and Profit 100. Performance will be based on independent research and data analysis, conducted by Experian and Go Live Data.
This new E2E 100 initiative is designed to showcase the very best UK companies. These are firms that are not just creating an impact in their own sector, but also on a nationwide and, in some cases, a global scale. To view the latest performance tables click here.
Speaking at the launch of Profit 100, Shalini Khemka – the founder of E2E – said: “The diverse range of sectors featured in our tables is a real testament to the amazing work being done in the UK.
“From manufacturing to construction and the automotive sector, the figures that these companies are achieving are amazing and a reflection of the dedicated workforces around the country. They are also helping to cement their brands and their leaders globally.”
Among the companies featured in the current Top 100, and demonstrating an impressive operating profit, are Harbour Hotels (276% operating growth), Boodles (237%), Flamingo Land (235%), Optical Express (179%) and Moss (178%).
There were celebratory launch dinners staged for the top 100 companies in all six league tables, kindly supported by Lord Bilimoria who was a founding member of E2E. These events were held in the Houses of Parliament.
Lord Bilimoria explained: “Under the leadership of Shalini Khemka, we are fast becoming the go-to organisation to support 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 long may it continue.”
Richard Morris, the chief executive of the UK-wing of IWG plc, observed: “As a partner of E2E for over eight years, IWG has first-hand experience of the invaluable support available to the SME sector in this country.
“We are proud of our longstanding partnership with E2E which is an exciting and ground-breaking powerhouse of entrepreneurs, investors, non-execs, and SME-focused corporate organisations.”
All the tracks are independently compiled by Go Live Data and Experian according to specific criteria and official data.
About E2E: Their current community consists of over 24 thousand SMEs which contribute £230bn in turnover to the UK economy, while employing more than 1.15m people. E2E champions entrepreneurship through access to human capital, corporate services and investment capital. They have also created peer-to-peer communities.
About The Independent: Its digital news brand attracts more than 22m monthly unique users, who are actively interested in business and finance. They are a fitting media partner to help E2E shine a spotlight on innovators and entrepreneurs across the UK.
About Shalini Khemka: Is a former chairwoman of the Business Action Council’s Job Retention Scheme committee. Her work during Covid-19 played a major role in the introduction of the UK Bounce Back Loans scheme, as well as the Short Time Working Directive introduced in 2020. Shalini was an investment director at LDC, the private equity arm of Lloyd’s Banking. In 1999, she co-founded the world’s first online ‘bank to bank’ trade finance company. She was a management accountant at Deutsche Bank and has worked in various finance-related roles for NatWest Bank and Coopers & Lybrand. In 2022, she was awarded a CBE for her services to entrepreneurship.
