Alderley Edge based Chess plc was ranked eleventh fastest growing technology company in the North West at the 2005 Deloitte Fast 50 Awards. Ranking 17th overall out of the North and Midlands.
Chess attributes its revenue growth to its innovative and entrepreneurial approach to business as well as its quality people and strong ethical code. Alongside organic development, Chess actively pursues growth by acquisition, having made 12 in the last 18 months.
The awards scheme, sponsored by law firm Pinsent Masons, is an independent ranking of the UK’s fastest-growing technology companies. Rankings are based on average percentage revenue growth over five years, from 2000 to 2004. Chess grew 435% during this period.
Chess’ Chief Executive, David Pollock credits quality and spirit as the core Chess values enabling the company to achieve 435% revenue growth over the past five years. He said, “I am delighted Chess has been ranked number 11 in the fastest growing technology companies in the North West. Chess has responded rapidly to radical changes in the telecommunications industry, acquiring data companies and building in house skills to lead the way in the data revolution. Chess’ high ranking in the Fast 50 is solid testimony to its continuing success and excellent reputation in the marketplace and we look forward to remaining in Deloitte’s Fast 50 next year.”
“Growing the top line enough to make the Deloitte Technology Fast 50 is especially meaningful during tough economic times for the technology industry,” said Damian Sanders Technology, Media & Telecommunications Partner for the North. “We congratulate Chess on becoming one of the 50 fastest growing technology companies in the North and Midlands. The Fast 50 Awards recognise the success and achievements made within the UK technology sector. This event highlights the true innovation that we have within the North of the country. These awards prove that well managed businesses, with strong innovation and solid business plans can achieve phenomenal growth.”