Bath-based eyewear design house Inspecs has won the Sunday Times Fast Track Profit 100 Ones to Watch award.
From a shortlist of 10 companies, Inspecs was awarded the accolade at the 20th annual awards ceremony held at the Savoy in London. The Profit Track 100 league table ranks Britain’s private companies with the fastest-growing operating profits.
The Profit Track 100 Ones to Watch award, sponsored by BDO, was presented by David Buttress, chairman of the judges and UK co-founder and former chief executive of Just Eat, to Inspecs founder and CEO, Robin Totterman, and its chairman, Lord MacLaurin. The company works with brands like Superdry and O’Neill to produces eight million frames annually.
Robin Totterman said: “This award is an incredible honour for Inspecs…to win the award outright is a testament to the hard work and exceptional quality of our team, who have kept the faith in our ability to compete in the world arena…Our factories in Vietnam, China and the East End of London make us one of the few competitors to the all-powerful Italian conglomerates. Brexit-proofing the company two years ago by establishing a second European HQ in Lisbon was an important strategic move for us, ensuring we will be able to carry on even in case of a no deal Brexit scenario.
“Overall, I believe there is scope for genuine optimism despite the uncertain political climate, and not only for us. We were amongst hundreds of great companies defying the slowdown on the High Street and proving that the UK Plc is alive and kicking.”