BuyAssociation, a property investment company based in Manchester, has been named as the 26th fastest-growing company on the North of England’s 2023 Fast Growth 50 index.
BuyAssociation, which has more than 18 years’ experience in the property investment space, has been recognised as the 26th fastest-growing business in the North of England. This is part of the Fast Growth 50 index for 2023, which identifies the 50 fastest-growing companies across six nations and regions, including the North of England.
This achievement underlines BuyAssociation’s significant impact on the North of England’s economy and its capacity for growth and innovation.
About the Fast Growth 50
The Fast Growth 50 is an annual index that identifies the top 50 fastest-growing companies in six nations and regions, including the North of England. This year’s index for the North of England has highlighted businesses from multiple sectors that together generated a turnover of £1 billion, at an average growth rate of 199 percent, with the creation of over 4,789 jobs last year.
Role in the North of England’s business scene
Being part of the Fast Growth 50, BuyAssociation has demonstrated its strength and expertise in the sector, while making a positive contribution to the North of England’s business community.
Professor Dylan Jones-Evans OBE, founder of Fast Growth 50, said: “The UK Fast Growth 50 Index demonstrates that a small number of fast growth firms, including BuyAssociation, make a substantial contribution to the UK’s economic landscape.”
He went on to point out that such businesses are an excellent example of how “innovation, enterprise and sheer hard work” can lead to success in all sectors, from construction to financial services to technology.
“Their incredible growth during difficult times shows that through generating wealth and jobs in their local communities, entrepreneurship is the cornerstone of regional and national prosperity,” added Jones-Evans.
“Most important of all, their success stories demonstrate the impact of ambition and adaptability, providing a blueprint for sustainable growth that will hopefully inspire others to follow a similar journey.”
This year’s Fast Growth 50 North of England list is in partnership with UBS, the world’s leading and truly global wealth manager.
The “engine of our economy”
Commenting on the latest index, Mark Goddard, head of UK regions at UBS Global Wealth Management, said: “Business owners and entrepreneurs are the engine of our economy, and UBS has a long history advising and connecting them on each stage of their wealth journey, helping them to unlock their potential.
“Led by entrepreneurial spirit and often solving some of the UK’s biggest issues, the level of talent and innovation uncovered through this year’s list shows that more needs to be done to support small businesses to strengthen local economies and give back to the local community. As the lead sponsor of this year’s Fast Growth 50, UBS is looking forward to following and supporting these businesses as they go from strength to strength.”
BuyAssociation: a growth and success story
Caroline Marshall-Roberts, CEO and founder of BuyAssociation, said: “We’re delighted to have been recognised as one of the 50 fastest-growing businesses in the North of England. It is a testament to our hard-working team and our forward-thinking business model, as we have successfully navigated the UK’s changing property investment landscape over the past 18 years.
“Our key focus involves bringing together property investors and reputable developers at the earliest stages of development, and we have been involved in selling out some extremely exciting projects over the years. Being a part of this list is a fantastic acknowledgment of our business’s success over the past couple of years, and we look forward to what the next 12 months and beyond will bring.”
Contribution to growth and job creation
Between 2020 and 2022, BuyAssociation was instrumental in the Fast Growth 50’s collective turnover increase of £706 million, while also creating multiple new jobs. This highlights the company’s role in the North of England’s economic growth, particularly post-COVID-19.
The Fast Growth 50 features companies from various sectors, adding to the diversity of the North of England’s economy. BuyAssociation, with its focus in the property investment industry, is part of this varied business landscape.
What’s next for BuyAssociation?
Looking forward, BuyAssociation plans to extend its market reach even further, having recently opened a new office in central London. The company has also expanded its website into new territories, including the US and Australia, enhancing its already strong global connections.
The Fast Growth 50 has been running in Wales for 25 years and the national rollout is brought to you by the same team behind other notable programmes such as The Start-Up Awards and The Great British Entrepreneur Awards.
This initiative is more than just an annual index; it aims to build a community that supports, celebrates, and champions entrepreneurs at various stages. The index highlights the 50 fastest-growing businesses in six nations and regions based on turnover growth over a two-year period.