High Growth Businesses

High Growth Businesses

High growth businesses are of great importance to the UK economy due to their role in generating new employment, increasing productivity and driving economic growth. They also increase local spending power and can feed into the development of local supply chains.

TBR has amassed a market-leading understanding of the methods for analysing local, regional and national economies. We are proud to be able to offer detailed and insightful analysis, at a very local level, generating valuable insight for our clients. We have developed significant expertise in mapping, understanding business dynamics and producing usable outputs about high growth businesses.

There is a common understanding that businesses that grow exceptionally quickly may be referred to as either ‘Gazelles’ or ‘Gorillas’.

The term ‘Gazelle’ can applied to businesses that fit within the OECD’s classification of high growth but that were born five years or less before the three year observation period.

‘Gorillas’ are large businesses that grow very quickly to become multi-nationals. These types of business are therefore rare. Examples include Google, Skype, Vodafone and so on. It is acknowledged that there is not a widely agreed definition for ‘Gorilla’ businesses. BIS understand that the concept suggests that ‘Gorilla’ businesses should:

TBR is highly familiar with commonly used public data sets and in eliciting new insight from the data. We frequently perform quantitative data analysis on these kinds of sources and understand the process through which insight can be developed.

Our own dataset (TCR)

TBR maintains its own extensive core data resource (Trends Central Resource: TCR), which captures fundamental information on around 6.5 million businesses, past and present, and their dynamics. The dataset is the largest longitudinal dataset in the UK on business and as such is a core resource for consistent and robust time series analysis.

TCR is an incredibly powerful tool to understand the nature, scale and dynamics of local, regional and national economies across the UK. As such, we can expediently provide geographical and sectoral detail to address evidence gaps and provide up to date research and analysis.

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