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1 July, 2022 - 15:18 By Tony Quested

Six of the best in new private company rankings

Cambridgeshire company Microdot has made second place in the top six for the Eastern region in the inaugural Sunday Times 100 rankings.

Glencar Construction, a construction company based in Hertfordshire, is the East’s fastest-growing private company and second nationally.

One Essex company, iPRO Hydrate (4th) which is an isotonic drinks producer, and three more Herts-based businesses – management consultant Cynozure Group (3rd), meal replacement brand specialist Huel (5th) and infection control product supplier GAMA Healthcare (6th) – complete the region’s super six.

The new annual rankings identify and celebrate Britain’s 100 leading entrepreneurial businesses and showcases the people behind the UK’s most dynamic private companies. 

The full rankings are published today online at sundaytimes.co.uk/100 and available as a supplement with the print edition of the newspaper this Sunday (July 3).

Glencar was set up in 2016 by Gleave and Eddie McGillycuddy and is best known for building warehouses for ecommerce companies. 

It has completed sites for Ocado in Andover and Bristol, with a third being built in Bicester, Oxfordshire. Last year it made over £160 million in sales, and grew an amazing 122.45 per cent a year in the last three years. It was previously Britain’s fastest growing company and was number one in the 2020 Sunday Times Fast Track 100 league table.

Microdot in Godmanchester is one of the trading brand names of Cambridge Sensors Ltd. CSL was originally founded in December 1991 as spin-off from the Cambridge University department of biotechnology. 

The founders were Professor Chris Lowe, who has an international reputation in the field of sensors and affinity chromatography, and James McCann, a Cambridge trained engineer who had previously co-founded the first company to develop electrochemical glucose biosensors for treatment of diabetes. CSL is privately owned.

In the USA the company operates through a wholly owned subsidiary called Cambridge Sensors USA LLC. CSL now operates manufacturing and development facilities in Cambridgeshire UK and Chicago and sells directly in both countries via it is own sales forces. 

Particular areas of focus include diabetes equipment, safety sharps and specialised medical devices for use in the emergency room setting. Sales for the last year on record were over £34.4m with a compound annual growth rate of 111.56 per cent.

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