We are pleased to announce that Provide have again featured in the Employee Ownership Top 50 Report as one of the fifty largest employee-owned companies in the UK, ranking at 18 in the list.
The Top 50 list, complied by RM2 in partnership with the EOA, covers independent UK-registered companies that are at least 25% owned by their employees on a broad basis and UK subsidiaries of non-UK companies that are more than 75% employee owned.
There are 470 business that are employee owned in the UK – a sector that contributes over £30 billion to UK GDP. The sector grew by 28% in 2019. Despite this, the sector’s profile is comparatively low and its potential contribution to the economy is under-exploited as a result.
You can view the full Employee Ownership Top 50 list here.
