Leading chartered accountants Francis Clark has been named in the London Stock Exchange (LSE) report identifying the top 1000 fast-growing and dynamic small and medium enterprises across the UK.
The '1000 Companies to Inspire Britain' report undertook a wide-ranging review of the 4.5 million private companies in the UK in order to find the companies most responsible for driving economic growth.
Companies were measured on revenue growth and job creation, as well as growth in office space and performance against sector peers.
The report identified 72 South West companies in the Top 1000 and the region also topped the LSE's Average Revenue Growth by region table.
The 1000 companies were deliberately unranked as the LSE said ranking them would quickly render the list out of date.
Francis Clark's managing partner, Les Burnett said: "We are delighted that the LSE has identified Francis Clark as one of the leading contributors to the future growth of the economy in this important survey. We have always tried to be more than just accountants and to offer advice, guidance and support to our clients that truly inspire them to grow and flourish and, in so doing, make a significant impact on the local, regional and national economies."
Commenting on the report, Xavier Rolet, CEO, London Stock Exchange Group, said: "The term SME describes a very broad church of businesses, from the high-street greengrocer to the high-tech manufacturer and exporter.
"Within this group of more than 4.5 million UK companies there is an exciting subset of fast-growing, dynamic businesses. These "gazelle" companies, as the CBI calls them, or the "vital six per cent", as think-tank Nesta describes them, are of exceptional importance to UK economic growth and job creation."