Please Credit Picture:Keith Taylor

Simon Bailes Peugeot, which has dealerships in the Tees Valley and North Yorkshire, has been identified as one of the London Stock Exchange’s ‘1000 Companies to Inspire Britain’.

Published annually, ‘1000 Companies to Inspire Britain’ celebrates some of the fastest-growing and most dynamic small and medium-sized enterprises in the UK

To be included on the prestigious list companies must demonstrate that they have grown their revenue over the past four years, significantly outperforming their specific sector average.

In addition to identifying 1,000 companies, the report examines in detail the opportunities and challenges facing SMEs, and looks at the sectors and trends that will shape the future of the UK economy.

Established in 1979, Simon Bailes Peugeot remains a family-run business, which employs over 100 people across its three dealerships in Stockton, Guisborough and Northallerton.

It has grown to become one of the highest rated Peugeot franchises in the world having received 25 Guild of Gold Lion awards from the French car manufacturer in recognition of its customer service excellence. 

Simon Bailes, said: “We are delighted to be named in such a prestigious report alongside companies which are household names. It highlights the fact that the Tees Valley and North Yorkshire are both excellent places to do business.

“The report celebrates dynamic business that consistently outperform their peers and Simon Bailes Peugeot’s focus on exemplary customer service helps us to achieve these exceptional results. I’m very proud of the whole team.”

Writing in the publication, the Chancellor of the Exchequer, George Osborne, said: “UK high-growth businesses are leading the charge in rebuilding our economy. These companies are the backbone of the British economy. 

“They create high-quality, well paid jobs, innovate and drive economic growth. This government fully understands the need to support ambitious entrepreneurs and ensure they can access the finance they need to grow.”