Estate agency named among 100 fastest-growing companies in Britain – London Wallet

The North Property Group has been named in this year’s Sunday Times 100 fastest growing private companies.

To qualify all the businesses have to be independent, headquartered in the UK, have sales in their latest year in excess of £5m, but not more than £250 million, and be profitable: North Property Group enjoys some of the highest margins, with annual sales growth of 84.26% over three years.

The business, which ranks at number 46 on the list, was launched by Oli Banks, 29, and Tim Coen, 34, in 2017 with a £4,000 investment. They they have since turned into annual revenues of £5.6m, the Sunday Times said.

“The business focuses on sourcing buy-to-let investments in new-build developments and has sold 1,500 apartments around the UK to investors,” The Sunday Times added. “It opened an office in Manchester in 2021, and Banks and Coen have plans to almost double their 36-strong team by next year.”