Thwarted in his attempt to buy a bar of gold for less than $500,000, computer programmer Paul Tustain was inspired to set up in 2005, which allows private investors to buy a share in a standard 400oz gold bar. The London company says it has 33,000 customers trading gold and silver online and the high price of gold until mid-2011 helped sales increase 83% to £558.6m.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityGold dealer
LocationWest London
Sales £m558.6
Operating profit £m6.3
Main shareholdersPaul Tustain (45%), business angels (23%), corporate investors (22%), employees (10%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda