Onyx Group

This company has six recovery centres in Britain that it keeps available for businesses that may need to relocate after a disaster such as flooding or computer failure. It also owns five data centres, two of which it bought this year. Headed by chief executive Neil Stephenson, the company is backed by North Star Equity Investments, which led a £2m funding round in 2008. Onyx’s sales grew 38% a year from £5.7m in 2007 to £14.9m in 2010, partly as a result of two acquisitions that were made in 2009.

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Company details
Year2011
Rank96
CompanyOnyx Group
ActivityIT services provider
LocationStockton-on-Tees
Average 3 year sales growth37.69%
Latest sales £000s14,852
Staff114
Founded1996
Websitewww.onyx.net

If applicable:

* supplied by company † annualised figure