A SOUTH Tyneside company has been named as one of the most inspiring firms in Britain, thanks to its success in weathering the recession.
SMH Products, based in Maxwell Street, South Shields, has been judged one of Britain’s top 1,000 small and medium sized firms by the London Stock Exchange Group (LSEG).
Experts say the company, a manufacturer of specialised decontamination equipment and products, had combined significant turnover and staff increases with a large expansion of influence within its specialist sector.
LSEG, which owns the London Stock Exchange, found SMH had consistently outperformed its rivals since 2009, enjoying significant market success throughout the financial crisis.
The firm, whose financial and administrative headquarters are in South Shields, where it employs 50 people, has expanded its range of decontamination equipment to include a wide range of personal protective equipment and respiratory protective gear.
SMH – which has other branches in Newcastle, Glasgow, Birmingham, London and elsewhere – has also diversified into providing local equipment servicing and testing, face mask fit-testing and a new range of specialist health and safety training.
Commercial director Dean Rowe said the company had invested while its competitors had scaled back during the recession.
He said: “We are really pleased that we have been included in the London Stock Exchange Group’s 1,000 Companies To Inspire Britain report, made up of the most successful small and medium-sized companies in the UK.
“It is in recognition of our exceptional growth and, as such, is a clear indication of the strength of our business and a really positive sign for SMH going into 2014.”