The report is an annual celebration of some of the most dynamic small and medium-sized companies in the UK, and is forwarded by the Prime Minister as well a host of business experts from all sectors.

Companies are shortlisted using Companies House data, then chosen by comparing them against other companies in their sector.

The acknowledgment comes on the back of Cave Direct opening its Newcastle warehouse in late 2017 and the opening of  the Beer Merchants Tap, a pub and trade showroom in the heart of Hackney Wick, East London.

All three of its core brewery brands – Kona Brewing Company, Paulaner and Lervig – grew by over 25% in 2017 against the market trend for imported beer.

The rest of the portfolio, which includes brands like Delirium from Belgium who we have worked with for over 30 years, also showed strong volume growth.

Managing director Colin Gilhespy, said: “Being listed by the LSE Group was a real honour for us.

“We’ve been supporting other small businesses and championing quality beer for nearly forty years, so it’s brilliant to get recognition and to see beer companies among the fastest growing in the country.

“There are lots of challenges to face in the next few years, but we’re con dent we can meet them head on and help keep this amazing industry growing.”