Cybit

This Cambridgeshire company designs GPS tracking software and provides consultancy services for businesses that want to improve their efficiency. Cybit’s systems can track the vehicles in a company’s fleet and give reports on their progress. Its main clients include Kwik Fit, Carlsberg, Fujitsu and Volvo Construction Equipment. Cybit has grown internationally and has customers in more than 20 countries. In January, the company was delisted from the London Stock Exchange with an undisclosed amount of backing from the American private equity house Francisco Partners, which hired chief executive officer Bill Henry from Tom Tom, the satnav maker. Sales grew 36% a year from £10.2m in 2006 to £25.5m in 2009.

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Company details
Year2010
Rank94
CompanyCybit
ActivityTelematics software developer
LocationCambridgeshire
Average 3 year sales growth35.73%
Latest sales £000s25,482
Staff136
Founded2001
Websitewww.cybitholdings.com

If applicable:

* supplied by company † annualised figure