SAFE digging company LSBUD has been featured as one of the UK’s top 100 fastest growing businesses in the annual ORESA Growth Index.
The Index tracks top growing businesses and ranks them based on revenue growth over the past two years. LSBUD has entered the list for the first time at number 52.
Companies featured are from a range of industries, including fintech, retail and technology. To be considered, organisations must be UK-registered and have made at least £5 million in recent sales alongside demonstrating significant revenue growth over a two-year period. More than 30,000 businesses were scrutinised before the list was published.
LSBUD has been included following a period of expansion, including the acquisition of Select Surveys, a utility surveying and BIM management specialists.
More than 170 organisations, accounting for over 2.5m kilometres of pipes and cables, across the water, electricity, telecommunications and gas sectors are now LSBUD members.
According to LSBUD’s recently released annual report, Digging Up Britain, more than four million searches were made through its free-to-use platform for the first time last year. LSBUD has also entered into a Memorandum of Understanding with the government in relation to the National Underground Asset Register (NUAR). A joint commitment has been made to improve the safety of those carrying out street works and reducing accidental damage to the UK’s underground infrastructure.
Richard Broome, MD of LSBUD, said, “Our inclusion in the prestigious Growth Index reflects the commitment of our team, our Members and the wider safe digging community. We are proud to be growing responsibly while continuing to invest in the service, expertise and partnerships that help protect people and the UK’s underground infrastructure.
“Every member of the LSBUD team has contributed to this recognition. We will continue to build on it by listening to our Members and key stakeholders, improving the support we provide and finding new ways to protect the UK’s underground infrastructure and everyone who works around it.”
