2008 Profit Track 100

Rank: 49   Spreadex

Rewards new customers with a bottle of champagne

Most betting operators put a limit on the size of bets punters can make, but not Spreadex. The Hertfordshire firm says this policy makes it stand out from its competitors, helping to boost profits by 63% a year from 2.7m in 2004 to 11.6m in 2007. Managing director Jonathan Hufford founded Spreadex in 1999.

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Company facts

Spreadex
Spread betting operator
Company website

3-yr av profit growth
63.31% pa
2007 profit11.6m
2004 profit2.7m
2007 staff66
Founded1999
Location of HQSt Albans
If applicable:
* = annualised figures
= draft accounts