PAXTON, a UK-based access control manufacturer of IP access control solutions has been ranked in the Financial Times FT1000 list of fastest growing companies.
The league table, published in cooperation with Statista, lists the 1000 companies in Europe that have achieved the highest percentage growth in revenues between 2012 and 2015.
Paxton, which was founded in 1985 by Tony Ratcliffe, now group chairman, employs more than 300 staff and is based in Brighton, East Sussex, with several international sales offices. All products are manufactured locally at the Paxton factory in Eastbourne and exported to over 60 countries worldwide.
The company’s future growth plans include a turnover goal of £100 million by 2020 and this summer it will open a new, 29,000sq ft. Technology Centre alongside its current Brighton head office, further increasing the investment Paxton can make into product development.
“We are delighted to feature in the FT1000, a list that highlights our continued growth in the global security market,” said Adam Stroud, CEO of the Paxton Group.
Paxton invests heavily in training, adapts its solutions to local markets and backs its technology with a 5-year warranty. ♦