Congratulations to the Deloitte Fast 50 winners for 2011. We are proud to have worked on this programme with Deloitte for the past three years. It is great to see so many companies continue to make a strong showing but also very encouraging to see so many companies thriving in what are difficult times for any business.
We ran a quick analysis – we commented earlier this year that there seemed to be a very small number of the total number of companies with venture capital backing? Has this trend continued? Is the Fast 50 just for small businesses where it is ‘easy’ to show high growth?
The answer in both cases is a resounding, ‘NO!’
Venture Capital and Private Equity Backing
- Of the 50 companies in the UK Deloitte Fast 50, 23 have venture capital or private equity backing this year. This is 46%, a huge rise over the 16% (8 companies from last year).
Size of company by Revenue
- The average revenue of the winning companies in their fifth year is a staggering £21,375,000 per annum.
These are decent sized companies by any measure – particularly as they are growing at such impressive rates.
The combined revenue growth over five years of the winning companies is 1,592% with the total revenue of the companies in the top 50 being £1,076,000,000. That is over £1 billion of revenue created by companies that had a combined revenue of less than £70,000,000 five years ago. We think that is awesome.
Employees & R&D
Those companies have also been employing people. The average number of employees across the Deloitte Fast 50 winners is 97. Most interestingly, the average number of employees in R&D activity in those companies is 29 – almost a third of the employees in these companies work in research and product development.
First conclusions.
If you want to know what makes companies grow, don’t sit about and listen to experts pontificate.
Have a look at some of these companies and what they have done right. These are companies that aren’t sitting about, they are focused on growing to meet the needs of their customers. These 50 companies employ almost 5,000 people. What can you learn from them? Congratulations one and all.
Here is the full list. Congratulations to everyone that made it.
Deloitte Fast 50 Winners 2011
- Fixnetix – Computers/Peripherals – 24557% – Private equity
- LeadPoint UK – Internet – 21801% – Private equity
- GPEG International Ltd – Semiconductor, Components and Electronics – 17716% – Bank
- PKR – Internet – 9314% – Private equity
- RatedPeople.com – Internet – 8144% – Private equity
- Nujira – Greentech – 4487% – Venture capital
- Mimecast – Software – 3102% – Venture capital
- notonthehighstreet.com – Internet – 2720% – Private equity
- Voice 2 Voice Ltd – Telecommunications/Networking – 2610% – Owner funded
- Quickstart Global – Software – 2481% – Owner funded
- Adconion Media Group – Internet – 2443% – Venture capital
- Monitise plc – Software – 2408% – AIM Listed
- Forward Internet – Internet – 2388% – Owner funded
- Grove Group – Internet – 1817% – Owner funded
- eZze-Talk Ltd – Telecommunications/Networking – 1547% – Bank
- Kelway (UK) Ltd – Computers/Peripherals – 1447% – Private equity
- Global Personals Ltd – Software – 1371% – Owner funded
- Block Solutions Ltd – Telecommunications/Networking – 1332% – Owner funded
- Cupid plc – Media/Entertainment – 1317% – AIM Listed
- Creativity Software – Telecommunications/Networking – 1311% – Private equity
- Media Ingenuity Ltd – Internet – 1232% – Private Equity
- Mercato Solutions – Software – 1219% – Bank
- Koozai Ltd – Internet – 1173% – Owner funded
- Essence – Internet – 1139% – Owner funded
- Skrill – Internet – 1113% – Private equity
- Learning Pool – Software – 1100% – Owner funded
- Skyscanner Ltd – Internet – 1030% – Private Equity
- Contigo Ltd – Software – 1019% – Owner funded
- Innovise plc – Software – 1019% – AIM Listed
- Sciemus – Semiconductor, Components and Electronics – 970% – Private equity
- Bglobal plc – Greentech – 932% – AIM Listed
- Frog – Software – 909% – Owner funded
- Isomob – Media/Entertainment – 873% – Owner funded
- Ixaris Systems – Internet – 859% – Private equity
- DEM Solutions – Software – 852% – Private equity
- Comtact Ltd – Telecommunications/Networking – 829% – Owner funded
- CV-Library – Internet – 822% – Owner Funded
- NanoSight Ltd – Biotech/Pharmaceutical/Medical Equipment – 809% – Private equity
- BlueGnome Ltd – Biotech/Pharmaceutical/Medical Equipment – 808% – Angel Funded
- TranslateMedia Ltd – Media/Entertainment – 785% – Owner funded
- Beaming Ltd – Telecommunications/Networking – 782% – Owner funded
- Academia Ltd – Software – 750% – Owner funded
- Breathing Buildings Ltd – Greentech – 749% – Venture capital
- Exco InTouch – Biotech/Pharmaceutical/Medical Equipment – 730% – owner funded
- Content and Code – Software – 720% – Owner funded
- Geo Networks Ltd – Telecommunications/Networking – 709% – Private equity
- Wireless Logic – Telecommunications/Networking – 698% – Owner funded
- Reactec Ltd – Semiconductor, Components and Electronics – 697% – Private equity
- Reevoo – Internet – 683% – Venture capital
- The Foundry – Software – 675% – Venture capital
You can see more about the Deloitte Fast 50 here.
The BLN MiM Forum on March 22nd brings mobile buyers together with companies and investors who are delivering mobile today.
The BLN MiM Forum shows how YOU can make it in mobile today. It’s where corporates with budgets meet businesses that can solve their problems and active investors get stuck in too.
This is not about future-gazing, sales pitches or corporate nonsense. We share actionable ideas for your business today. We want you to leave with at least one idea you will implement in your company within a month.
BLN MiM2012 is different from a lot of mobile events you might have been to. We are not selling speaking slots to sponsors so you end up hearing from people with genuinely valuable, interesting content that will help you define your mobile strategy. Our supporters understand that the best way to grow their businesses is to help grow the industry. We think this approach is unusual, if not unique, in the mobile industry.