London Stock Exchange Iists ECS Engineering as inspirational and a leader in its sector
ECS Engineering Services has been selected as one of UK’s most inspiring companies for 2019 and listed to receive the London Stock Exchange’s “1000 Companies to Inspire Britain” award.
ECS’s Operations Director Jamie Wesley says the nomination came as a surprise. “We knew nothing of this beforehand. It is not something you apply for and hope to be short listed; the Stock Exchange independently review lots of companies and draw up their own nominees. As such it is very gratifying to be included in such an illustrious group.”
ECS Engineering Services specialises in bespoke design and construction of water, energy and environmental processing and management projects. Its clients include UK water and utility companies, government agencies, drainage boards, building and construction companies and architects.
1000 Companies to Inspire Britain is an annual programme that recognises the achievements of the UK’s fastest growing and most dynamic small and medium-sized enterprises (SMEs). Part of its remit is to identify the sectors and trends that are shaping the national economy. The London Stock Exchange (LSE) uses a rigorous methodology for selecting companies that have outperformed their peers and are likely to continue doing so due to their dynamic and innovative approach to business.
The selection process starts by identifying all eligible companies, the criteria for which are: they must be registered at Companies House, have been operating for at least three years and have a turnover of between £6m and £250m. This long list is then divided up by Standard Industry Classification (SIC code) groupings and the average growth rate for each sector is calculated over the last four years. The LSE then selects those companies that have best outperformed their contemporaries.
The overall idea is to identify high growth British businesses that are helping the national economy evolve. They are, or shortly will be, part of the backbone of society, creating high quality, well paid jobs, innovating and driving economic growth.
Jamie Wesley says: “Being an engineering company, in many ways we just get on with our work; concentrating on delivering the best engineering solutions possible to our customers and providing infrastructure that is important to the local community and/or the national economy. Much of our work is far from glamorous and is often invisible to the general public, so getting recognition through the 1000 Companies Awards is very gratifying.”