News / Winner: Deloitte & Touche Fast 50 Awards 2003...

03-11-2022

Winner: Deloitte & Touche Fast 50 Awards 2003 - Fastest Growing Technology Company 2003

Deloitte, the UK’s fastest growing professional services firm, has unveiled its sixth annual ranking of the Midlands’ fastest growing technology companies. Warwick based laptop manufacturer, Rock Group Plc, has been placed 21st in the regions rankings after recording an impressive 80% growth in turnover between 2000 to 2002.

Founded in June 1992, notebook manufacturer Rock Group Plc is the largest and most respected specialist manufacturer of leading edge mobile notebook technology in the UK. At its manufacturing facility in Warwick, Rock Group Plc design, manufacture and support a complete range of inspiring notebook computers to Consumers, Businesses and Education Establishments.

The results of this year’s search for the Midlands’ fastest growing technology companies were announced at an awards dinner at the Hilton Birmingham Metropole Hotel, Birmingham, on 30 October 2022 where Rock Group·s Chairman, Mike Davies and Technical Director, Neil Chauhan collected the award on behalf of the Rock Group Team.

On the same evening, during a ceremony held in London, Rock Group Plc·s Managing Director, Nick Boardman attended a ceremony where he collected the award for "Best Service and Support" in the What Laptop and Handheld PC Portable Computing Awards 2003.

"It really is a great honour to be recognised for two such prestigious awards" said Nick Boardman, Managing Director of Rock Group Plc. "Our staff have worked really hard to help make Rock Group the business it is today and these awards recognise the skills, enthusiasm and dedication that everyone associated with a Fast Track company puts in".

Deloitte created the Technology Fast 50 to reach out to UK technology companies and champion innovation in the sector. The programme tracks the growth rates of technology companies in seven regions in the UK and Ireland, culminating in a national ranking in December 2003. This year’s event is sponsored locally by UK law firm, Pinsents, and nationally by Hewlett-Packard, the global provider of technology products and services; SCC, part of Europe’s largest privately-owned technology group; and the London Stock Exchange.

The Technology Fast 50 programme seeks out those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over a three-year period. This year’s programme considered growth between 2000 and 2002. All companies considered for the award must be headquartered in the Midlands region, must be technology-intensive or use unique technology in problem solving, or must devote a high percentage of effort to research and development.

Chris Robertson, Technology, Media and Telecoms partner for Deloitte in the Midlands, said: “The Fast 50 programme has always been a reliable indicator of whether British innovation is leading to more growth and wealth creation. These companies have demonstrated how to survive and thrive in today’s market by helping their customers reduce their costs and improve their performance. We are delighted that our sponsors have joined us in encouraging fast-growing companies to showcase their businesses and to contribute to the next wave of innovation in the UK’s technology sector.”

Andrew Hornigold, Corporate Partner at Pinsents and Head of the firm’s Technology Chosen Market, said: “We would like to congratulate this year’s winners and applaud their achievements. Despite challenging trading conditions over the last 12 months they have shown tremendous revenue growth and performance. Their remarkable tenacity, innovation and dedication is an inspiration to all and proves that Midlands companies continue to offer cutting-edge solutions to their clients world-wide.”

About the Deloitte Technology Fast 50 Programme:
The programme consists of a series of regional programmes covering the East, London & South East, Midlands, South West & South Wales, the North and Scotland and Ireland. Each region will host an awards ceremony to honour the 50 fastest growing technology companies in their areas in October and November. Following the regional programmes, Deloitte will publish a national ranking of the UK’s Technology Fast 50 companies.

Eligibility criteria for the Technology Fast 50:
In business for a minimum of 3 years
Considered a technology company defined as:
producing technology
manufacturing technology-related products
technologically intensive or uses unique technology in problem-solving
devoting a high percentage of effort to research and development of technology
Parent company must be UK owned and headquartered in a participating region (subsidiaries do not qualify)
Turnover must be over Euro 50,000 in 2000
The Technology Fast 50 programme was originally started in San Jose, the centre of Silicon Valley, California in 1995 and has expanded across the globe in the last six years. Both the regional Technology Fast 50 and the national Technology Fast 500 were created to recognise the outstanding contribution of fast growing technology companies to the US economy.

For further information, visit http://www.fast50.co.uk

Deloitte & Touche LLP:
In this press release references to Deloitte are references to Deloitte & Touche LLP.

Deloitte & Touche LLP is the UK·s fastest growing major professional services firm based in 21 UK locations, with over 10,000 staff nationwide and fee income of £1,228 million in 2002/2003. It is a member firm of Deloitte Touche Tohmatsu, a leading professional services organisation, delivering world class audit, tax, consulting and corporate finance services, with around 120,000 people in over 140 countries. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity.

Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.

The information contained in this press release is correct at the time of going to press.

For further information, visit www.deloitte.co.uk