Are these the UK’s top 100 fastest-growing tech firms?
Startups 100-listed Funding Circle, RealityMine, Zopa and Adzuna among businesses named in Sunday Times Tech Track 100 index
The UK’s 100 fastest-growing private technology companies have been announced in The Sunday Times’ annual Tech Track 100 index.
Farnborough-based UKCloud, a cloud services provider, took the top spot in the ranking thanks to an annual sales increase of 262.66% over the last three years, followed by Startups Awards finalist Roc Technologies, an IT services provider that has seen 221.18% growth over the same period.
In third place was LoveCrafts with 214.97% revenue growth, an online craft community that appeared in our biggest investments of 2015 feature alongside WorldRemit (180.35%), which also made the top 10.
A number of Startups 100 alumni made the list including Funding Circle, founded by Young Guns Samir Desai, James Meekings and Andrew Mullinger, in eighth place with 155.39% revenue growth, big data start-up RealityMine at 27 with 108.87% growth, peer-to-peer lender Zopa at 36 having grown sales by 90.75% and Adzuna, the Young Gun founded classifieds engine, in position 45 with 80.15% growth.
Ratesetter, with revenue growth of 133.63%, and Farfetch (85.07%) – which were also amongst 2015’s biggest investments – were ranked in the Tech Track index at 15 and 42 respectively.
On average, the 100 companies had sales in the region of £10m, with average growth of 88% over the last three years. The majority (42) were based in London, the South East (20) and the North West (8). The Combined sales of every business topped £2.2bn – up from £393m in 2013.
View the full index here.