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Home»Business & News»STEWART GOLF NAMED One of 100 FASTEST GROWING COMPANIES IN UK
Business & News

STEWART GOLF NAMED One of 100 FASTEST GROWING COMPANIES IN UK

Golf Business NewsBy Golf Business NewsJuly 9, 2022Updated:August 6, 2023No Comments2 Mins Read
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The Sunday Times of London cites workforce, manufacturing growth

GLOUCESTER, U.K. – British-based, remote trolley manufacturer Stewart Golf has been included in The Sunday Times 100, the annual list of Britain’s fastest-growing private companies.

Thanks to its range of luxurious remote controlled and follow golf trolleys, Stewart Golf has become the leader in electric trolley design and functionality since launching its first product in 2004.

CEO Mark Stewart said, “We are thrilled to have been included among the companies in The Sunday Times 100. We truly believe in the quality and innovation in our machines. We are proud to build them here in Great Britain and export them to all four corners of the globe.”

To be included, companies must be independent, privately-owned and UK headquartered, with sales exceeding £5 million in the latest year of trading. Additionally, there must be four years of sales growth measured by compound annual growth rate over the latest three financial years, including operating profit in the latest year.

Stewart Golf Managing Director David Funnell said, “As a manufacturer, growing at speed has meant increasing the workforce by almost three times and space by 50%. This would have been challenging in more stable periods, but to achieve it in these turbulent times is testament to the culture and spirit of our company. Our incredible team has performed tremendously to deliver exceptional growth.

“As a business we have always tried to be as innovative as possible and challenge the status quo, which is why our products often stand apart from the market. We are excited about the future and continuing our growth even further.”

Notable companies previously featured in the list include fitness clothing retailer Gymshark and craft beer company Brewdog, as well as household names such as Carphone Warehouse, Fever-Tree and Innocent Drinks.

For more information, visit www.stewartgolfusa.com.

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