Kromek earns fastest-growing accolade

A North East technology firm specialising in medical imaging and threat detection has been recognised as one of the region’s fastest-growing businesses.

Kromek Group has secured a place in the High Growth 50 2026, which recognises companies demonstrating strong business performance and potential for further growth.

The detection technology specialist – which is headquartered at NETPark, in Sedgefield, County Durham – received its award at the London Stock Exchange, where this year’s cohort was unveiled during a market close ceremony.

The annual ranking assesses businesses across the North East, North West and Yorkshire and the Humber, examining factors including turnover, workforce growth, investment and future expansion prospects.

Kromek develops technology used in medical imaging equipment to help detect diseases including cancer, alongside systems designed to identify radiological, nuclear and biological threats.

Its inclusion follows a strong period for the company, which recently reported revenues of £27.1 million and a pre-tax profit of £2.5 million.

The figures followed a previous financial year in which revenue rose 37 per cent to £26.5 million, with Kromek recording a pre-tax profit for the first time in its history.

Claire Burgess, chief financial officer at Kromek, said: “It’s fantastic for Kromek to be recognised alongside such ambitious and successful growing businesses, at a time when we’re seeing strong underlying growth across the business.

“We’ve worked hard to strengthen Kromek financially while continuing to invest in our technology, manufacturing capability and the commercial opportunities available to us in both Advanced Imaging and CBRN Detection.

“We are headquartered here in the North East but operate in genuinely global market, and there’s huge potential for continued growth as demand increases for our technology.”

The High Growth 50 is delivered in partnership with the London Stock Exchange, Shore Capital, HSBC UK and Growth Flag, highlighting northern businesses contributing to economic growth and investment across the region.

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