Tech Track 100 2015 Report
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Contents 3
Introduction
4
This year’s companies
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Industry breakdown
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Regional breakdown
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Employees and job creation
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Key statistics
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15 years of Tech Track 100
11
Realising your opportunities
2
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Introduction The Sunday Times Tech Track 100 league table identifies this year’s fastest growing private technology, media and telecoms companies in the UK. This is the 15th year of Tech Track 100, the league table of
Companies on the table include well-known names such
Britain’s fastest-growing private technology, telecoms and
as online flight search engine Skyscanner (51), online
media companies. The league table has title sponsorship
fashion portal Farfetch (17) and price comparison
from Hiscox, and main sponsorship from Barclays, BDO
website money.co.uk (62). The top company this year is
and Business Growth Fund (BGF). The Tech Track 100
Ve Interactive, an advertising software developer that helps
ranks private technology companies based on their
online retailers increase sales. The company grew revenues
growth in sales over the last three years of available data.
by 306% a year, from £313k in 2011 to £20.9m in 2014.
The average sales growth for the 100 companies was 86% a year, a total of £2.4bn. They employ 13,000 staff, having added more than 9,000 jobs over the same three-year period, some as a result of acquisitions.
Sean Duffy Managing Director Technology, Media and Telecoms +44 (0)7775 548118
[email protected]
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This year’s companies Sales breakdown
Growth in sales
11 companies reported sales in excess of £50m.
The number of companies in each range of compound annual
They include IT services provider Maindec (44), travel
growth rate (CAGR) of sales over the latest three years.
management software developer Click Travel (90) and >200%
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175%-200%
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device impact protection maker Tech21 (26). Digital marketing agency Essence (100) reported the highest sales on the table of £211.4m. The next highest was fashion portal Farfetch.com (17) which reported
150%-175%
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125%-150%
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sales of £199.2m (although this includes the value of all goods purchased through the site). Market research technology developer ServiceTick (67) reported the
100%-125%
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85%-100%
lowest sales at £5m.
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70%-85%
The top ranked company, advertising software developer
12
55%-70%
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Ve Interactive, saw sales growth of 306% a year, from 100
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51-100
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30-50