Simworx, leading creator of media-based attractions, has been named in the Sunday Times Heathrow SME Export Track 100 listing.
Compiled by Fast Track, the list celebrates small and medium-sized (SME) UK businesses that have achieved significant growth in international sales.
Simworx, which has been placed at number 49 in the table, had to meet a number of stringent criteria to qualify, including:
- Total sales of between £5m and £25m in the most recent financial year
- International sales of at least 20% of total sales
- Average growth in international sales over the past two years of between 30% and 360%
Simworx Managing Director, Terry Monkton, said that making the top 50 was a real bonus: “We are continually developing and growing our product range and are really excited about some of the new developments we are working on at the moment. Additionally, with last year’s acquisition of RoboCoaster we added significantly to what we are able to offer clients in the different sectors we serve.”
The company has driven a flurry of installations across the world including seven attractions in Dubai, an Immersive Tunnel ride in Malaysia, a 4D special effects cinema at the International Antarctic Centre in New Zealand and a 4D dynamic simulation ride based around the Marvel Avengers IP at the world’s largest indoor theme park in Indonesia.
Board member, Gurinder Sunner, an investor at BGF who led a £4.5 growth capital investment into the company in July 2015, reported: “Simworx’ growth is being fuelled by an exceptionally strong management team and investment into the company. This is a really exciting moment for the business – and I’m sure one of many to come.”