Powwownow

This conference call service will connect up to 50 participants, at home and abroad, for no more than the usual call rate. All its revenue is generated from the rebate it receives from its telecoms partners for every call made to its 0844 number. The company, based in Richmond, Surrey, claims to be the first to employ this business model in Britain and, according to founding directors Paul Lees and Andrew Pearce, has grown through heavy brand building, spending more than £1m on advertising last year. Sales grew 42% annually from £2.2m in 2007 to £6.3m in 2010, when the company acquired Yuuguu, which enables its users to share what is on their computer screens.

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Company details
Year2011
Rank82
CompanyPowwownow
ActivityConferencing services provider
LocationRichmond
Average 3 year sales growth41.92%
Latest sales £000s6,328
Staff52
Founded2004
Websitewww.powwownow.co.uk

If applicable:

* supplied by company † annualised figure