New research cements city’s reputation as transport innovation hub

New research by the University of Derby has cemented Derby’s reputation as a centre of innovation for transport.

Compiled by researchers from the university’s International Business School, this year’s Top 200 Businesses in Derby and Derbyshire list features Toyota Manufacturing UK, Rolls-Royce and Alstom in the top 10.

Burnaston car manufacturer Toyota takes top spot in the rankings, with engineering giant Rolls-Royce in fourth and train-maker Alstom in seventh.

The top 10 also features construction firm Bowmer + Kirkland.

The Top 200 2025 ranks all active and private sector businesses in the area by turnover.

David Thompson, assistant head of discipline and senior lecturer in accounting at Derby International Business School, who led on the report, said: “It is fantastic to see such strong, thriving businesses – many of which the university works closely with – featured in the Top 200 list.

“A unique combination of strategic location, advanced industries, skilled workforce and strong support infrastructure make Derby and Derbyshire an ideal place for businesses with global reach.

“The city and county are home to some of the world’s most successful businesses across a diverse range of sectors, and those listed are at the forefront of innovation and contribute to the regional and global economy.”

As well as the rankings, the report highlights key drivers of the local economy, identifies high-growth sectors and celebrates home-grown success stories.

All data is based on company annual reports from 1 July 2023 to 30 June 2024.

Several Marketing Derby Bondholders feature throughout the remainder of the rankings.

On the cusp of the top 10 in 11th is Vaillant, the heating tech manufacturer which has sites in Belper and Derby.

And the University of Derby itself has been ranked 31st on the list.

Others inside the top 100 include Ward Recycling, Mortgage Advice Bureau, Clowes Developments, Embark, NK Motors and Ron Brooks.

Meanwhile, beloved regional brands, such as Morley Hayes, continue to feature on the list, demonstrating the strength of Derby and Derbyshire’s independent business community.

To mark the release of the report – and to coincide with the Government’s Autumn Budget announcement – the university partnered with East Midlands Chamber to co-host an event at the Cavendish Building earlier this week.

To read the Top 200 list in full, click here.