Home London News These are London's 20 fastest-growing tech companies

These are London's 20 fastest-growing tech companies

by LLB Reporter
15th Nov 13 11:29 am

There’s good reason that politicians, economists and entrepreneurs alike all seem to be so enormously excited about the potential of technology to drive growth.

The UK’s 50 fastest-growing tech companies boast an average five-year growth rate of a staggering 1,382%, according to Deloitte’s Technology Fast 50 index.

Together, those businesses generated £672m in total revenues in the year 2012/13 and provided more than 5,000 people with jobs.

London is at the heart of all that growth and innovation. Some 40% of the top 50 companies are based here.

And the London companies that made the cut are punching above their weight in terms of economic contribution too, accounting for 47% of the combined revenues.

So which are the fastest-growing tech companies in London?

We’ve listed all 20 that made it into the Technology Fast 50 below – and you can click the links below to read our interviews with company founders.

Fast 50 rank London company Average revenue growth Industry
1 Infectious Media 9774% Media & entertainment
5 Lovestruck.com 2658% Internet
6 Monitise Plc 2319% Software
9 Equal Experts UK Ltd 2035% Software
10 Backbone Connect 1810% Telecommunications
12 notonthehighstreet.com 1536% Internet
13 Simplify Digital Ltd 1443% Software
17 Virtual1 Ltd 1250% Telecommunications
19 Silixa Ltd 1118% Electronics
20 The Magnetise Group 1102% Internet
26 JUST EAT 976% Internet
27 Maxymiser 937% Software
31 Ayima Search Marketing 781% Internet
34 Academia Ltd 711% Software
38 BCS Global Networks 595% Telecommunications
41 Forbidden Technologies Plc 570.56% Software
42 HighQ 570% Software
45 Mimecast 526% Internet
48 Miroma International  496% Media & entertainment
49 Orca Digital 494% Telecommunications


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