We are delighted to publish the North East Fastest 50 list for 2025, in partnership with the Journal, as well as reveal this year's winners - those companies who have come out top!
Congratulations to Elite Energy Eco Ltd who were crowned the North East’s Fastest Growing Business for 2025, as well as taking the Fastest Growing Medium Business (turnover between £10m and £35m) title.
RE:GEN North East Limited won the award for the Fastest Growing Large Business (turnover over £35m), whilst AJP Recruitment Limited were named Fastest Growing Small Business (turnover less than £10m).
The Fastest 50 list is ordered by average turnover growth, which has been assessed on a percentage increase based on the difference between turnover figures filed for the last three years.
See the list below to find out more about the Fastest 50 companies and how they have ranked.
Filter: Large Businesses (L), Medium businesses (M), Small businesses (S) or View All
Medium and Overall winners M
Location: Stockton-on-Tees
Date of last analysed accounts: 30/11/2024
Turnover (£000s): 13,359
Average turnover growth: 144.21%
Large winners L
Location: Sunderland
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 61,329
Average turnover growth: 105.10%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 49,941
Average turnover growth: 86.96%
Small winners S
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/11/2024
Turnover (£000s): 7,685
Average turnover growth: 83.13%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/11/2024
Turnover (£000s): 6,733
Average turnover growth: 83.05%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/10/2023
Turnover (£000s): 31,069
Average turnover growth: 73.36%
Location: Cramlington
Date of last analysed accounts: 31/08/2024
Turnover (£000s): 3,104
Average turnover growth: 72.60%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 24,683
Average turnover growth: 72.52%
Location: Darlington
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 5,498
Average turnover growth: 58.71%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 8,892
Average turnover growth: 57.82%
Location: South Shields
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 12,079
Average turnover growth: 53.67%
Location: Gateshead
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 19,814
Average turnover growth: 47.68%
Location: Sunderland
Date of last analysed accounts: 30/04/2024
Turnover (£000s): 457,438
Average turnover growth: 44.39%
Location: Middlesbrough
Date of last analysed accounts: 31/01/2024
Turnover (£000s): 39,592
Average turnover growth: 43.57%
Location: Bishop Auckland
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 28,135
Average turnover growth: 43.50%
Location: Cramlington
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 12,861
Average turnover growth: 42.33%
Location: Middlesbrough
Date of last analysed accounts: 30/04/2024
Turnover (£000s): 39,092
Average turnover growth: 41.53%
Location: Durham
Date of last analysed accounts: 31/03/2025
Turnover (£000s): 5,789
Average turnover growth: 40.73%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 30/06/2024
Turnover (£000s): 8,314
Average turnover growth: 37.62%
Location: Middlesbrough
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 11,487
Average turnover growth: 36.93%
Location: Wallsend
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 11,250
Average turnover growth: 36.82%
Location: Newton Aycliffe
Date of last analysed accounts: 31/10/2024
Turnover (£000s): 8,213
Average turnover growth: 35.63%
Location: South Shields
Date of last analysed accounts: 31/07/2024
Turnover (£000s): 51,576
Average turnover growth: 33.99%
Location: Morpeth
Date of last analysed accounts: 30/06/2024
Turnover (£000s): 28,352
Average turnover growth: 33.36%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 148,374
Average turnover growth: 33.04%
Location: Sunderland
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 58,316
Average turnover growth: 32.23%
Location: Shildon
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 25,341
Average turnover growth: 31.18%
Location: Sunderland
Date of last analysed accounts: 30/09/2024
Turnover (£000s): 8,200
Average turnover growth: 30.70%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/10/2024
Turnover (£000s): 69,249
Average turnover growth: 30.64%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 2,200
Average turnover growth: 30.09%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 35,519
Average turnover growth: 28.61%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 8,919
Average turnover growth: 28.59%
Location: Middlesbrough
Date of last analysed accounts: 30/04/2024
Turnover (£000s): 25,867
Average turnover growth: 27.45%
Location: Middlesbrough
Date of last analysed accounts: 31/12/2024
Turnover (£000s): 19,476
Average turnover growth: 27.37%
Location: Seaham
Date of last analysed accounts: 30/04/2024
Turnover (£000s): 6,767
Average turnover growth: 26.73%
Location: Boldon Colliery
Date of last analysed accounts: 30/04/2024
Turnover (£000s): 18,901
Average turnover growth: 26.58%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 51,449
Average turnover growth: 26.19%
Location: Cramlington
Date of last analysed accounts: 31/10/2024
Turnover (£000s): 3,559
Average turnover growth: 25.83%
Location: Billingham
Date of last analysed accounts: 31/08/2024
Turnover (£000s): 28,537
Average turnover growth: 25.55%
Location: Durham
Date of last analysed accounts: 30/11/2023
Turnover (£000s): 39,987
Average turnover growth: 25.37%
Location: Durham
Date of last analysed accounts: 31/07/2024
Turnover (£000s): 9,200
Average turnover growth: 24.84%
Location: Blaydon-On-Tyne
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 22,628
Average turnover growth: 24.10%
Location: Bishop Auckland
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 38,792
Average turnover growth: 23.87%
Location: Redcar
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 3,683
Average turnover growth: 23.84%
Location: Stockton-On-Tees
Date of last analysed accounts: 31/05/2024
Turnover (£000s): 17,705
Average turnover growth: 23.62%
Location: East Boldon
Date of last analysed accounts: 31/12/2023
Turnover (£000s): 3,667
Average turnover growth: 23.56%
Location: Stocksfield
Date of last analysed accounts: 30/11/2023
Turnover (£000s): 10,330
Average turnover growth: 22.81%
Location: Newcastle Upon Tyne
Date of last analysed accounts: 31/07/2024
Turnover (£000s): 36,311
Average turnover growth: 22.46%
Location: Darlington
Date of last analysed accounts: 31/01/2024
Turnover (£000s): 16,470
Average turnover growth: 22.13%
Location: Sunderland
Date of last analysed accounts: 31/03/2024
Turnover (£000s): 66,855
Average turnover growth: 21.94%
Small business – turnover between £1m – £10m
Medium business – turnover between £10m – £35m
Large business – turnover over £35m
The companies in this list have been selected as the fastest growing profit-making, private, regional companies, based on turnover growth.
Information has been compiled using data which is publicly available at Companies House of UK listed companies or by verification of smaller firms’ abbreviated accounts.
The average turnover growth has been assessed on a percentage increase based on the difference between turnover figures filed for the last three years.
To qualify, companies must be trading entities and have turnover in excess of £1m in the last three years of filed accounts, which are up to date as at 30th June 2025. Companies must also have made profits in each of the past three years’ accounts. Companies must have filed new accounts since the deadline for last years awards.
Private limited companies which are subsidiaries of listed companies do not qualify.
Subsidiaries of foreign-controlled companies have been accepted if they have headquarters or a decision-making function in the region.
Ward Hadaway and the Journal do not accept responsibility for any errors or omissions.