One of the UK’s youngest and fastest-growing furniture retailers has received a prestigious award from Sir Richard Branson at the annual Fast Track 100 awards.
Held at Branson’s home in Oxfordshire, Oak Furniture Land founder and managing director Jason Bannister took home the outstanding achievement award.
The Fast Track 100 annual awards celebrates British entrepreneurship, bringing together the founders and directors of the UK’s private companies with fastest-growing sales.
Founded in 2009, Oak Furniture Land has increased sales by an average of 42 per cent a year for the past three years, to £239 million.
According to the chief executive of Fast Track, Hamish Stevenson, Oak Furniture is one of only four private companies to have appeared on the Fast Track 100 five times.
“Its performance is all the more impressive given that it has grown sales, profits and its workforce so quickly during particularly tough trading conditions and is forecasting further growth to come,” Stevenson said.
The awards evening also raised over £120,000 for charities benefitting young people.