Chief Executive, Versarien
From a two-man start-up in a garage, to a multi-million pound AIM-listed company employing more than 100 people, Neill Ricketts never expected advanced materials developer Versarien to do so well, “I wish I could have told my younger self that I could actually succeed. I’d have had the self-confidence to have started much earlier,” he says.
‘Advanced materials’ refers to all new materials and modifications to existing materials that lead to superior performance. Founded in 2010 and AIM-listed just three years later, Versarien reported group revenue growth of 167% in the first half of 2018.
Versarien develops its own advanced materials, delivers engineering solutions for clients and it is well-known for how it commercialises the production of graphene. “The best decision we ever made,” says Neill, “was the acquisition of 2DTech from the University of Manchester in 2014, which allowed us to have this success.”
In addition to business success, the company has gained a wide range of high-profile awards, including the National Inspirational STEM Award Winners 2017, the London 2012 UKTI Startup Games Overall Winner and the 2012 MWP Advanced Manufacturing Award for Research & Development.