London-based 3D printing company 3DPRINTUK has earned a spot on the Financial Times 1000 Fastest Growing Companies in Europe list, with an absolute growth rate of 171.6 per cent, as announced in a press release.
The Financial Times, in conjunction with Statista, publishes the FT 1000 list each year, which ranks the continent’s fastest-growing businesses according to their absolute revenue growth rate over the previous four years (2018 to 2021).
The company was named the third fastest-growing manufacturer out of the 155 companies making the list from the United Kingdom, which, when seen in the context of a huge and thriving UK manufacturing sector, demonstrates exactly how well 3DPRINTUK has succeeded.
The first most-represented country on the list is Italy, followed by Germany, the ranking revealed.
“It is particularly satisfying to make it onto the FT 1000 list because it testifies to the incredible dedication and hard work of the entire 3DPRINTUK team. This is especially true through 2020 and 2021, which were tricky to navigate with stringent COVID-19 restrictions,” Nick Allen, 3DPRINTUK CEO remarked.
Allen added that working in manufacturing in London at the time provided some unexpected opportunities for the 3D printing business to fill some of the glaring gaps in UK supply chains.
According to the Financial Times, London maintains its lead as a growth hub, and 3DPRINTUK is one of 83 companies situated in the city that made the list, ensuring London’s lead for the seventh consecutive year.
Allen continues, “The fact that 3DPRINTUK is the third fastest-growing manufacturing company in the UK is something we are very proud of. It’s a team effort every day, and we have an amazing team with every single member contributing to this growth.
The CEO added that as a result of the team’s continual attention to detail and quality outputs, 3DPRINTUK was able to secure a loyal and expanding customer base.
“We have a loyal and growing customer base which it is our pleasure to serve, as we continue to prove the place of 3D printing in a growing number of applications across industry,” he noted.
3DPRINTUK specialises in low-volume production using cutting-edge powder bed fusion 3D printing technology and polymer materials.
