Omitec Group

Modern cars can contain 50 computing devices and 100 different motors. Finding the cause of faults would give mechanics a headache were it not for the likes of Omitec. Founded in 1971, the company designs automotive testers that plug into a car and check all its systems. Omitec is also developing telematics, a way of relaying information about a car’s performance to a remote computer. It already supplies similar technology to Formula One teams. John Watkins and Edward Lane led a management buyout of Omitec from Solvera in July 1998. Sales grew 112% a year from £4.2m in 2000 to £18.9m in 2002.

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Company details
Year2003
Rank29
CompanyOmitec Group
ActivityElectronic equipment maker
LocationWiltshire
Average 3 year sales growth112.33%
Latest sales £000s18,938
Staff180
Founded1971
Websitewww.omitec.com

If applicable:

* supplied by company † annualised figure