Stiltz Lifts has been named as the seventh fastest growing SME exporter in the UK.
The home lift specialist was ranked close to the top of The Sunday Times Lloyds SME Export Track 100, after posting 146% growth in average international sales.
International sales accounted for 38% of the supplier’s total sales, having installed lift solutions in more than 20 countries
The list, formulated by Fast Track, takes into account the amount of international sales and their rate of growth over the past year.
The SME, which employs 100 staff, was placed as the fastest growing in the West Midlands.
Gareth Oakley, managing director of SME banking at Lloyds Banking Group, the title sponsor, said: “For businesses that take the leap to trade overseas, the rewards can be significant. The strong growth achieved by this year’s SME Export Track 100 is proof of that.”
Meanwhile, international trade secretary, Liam Fox, said: “Companies are seizing the huge international demand for innovative UK products and services. We want more businesses to take advantage of this global opportunity.”