2011 International Track 100
Rank: 2 Forward Internet Group
Neil Hutchinson’s business began life in 2004 as an online marketing agency for companies wishing to improve their rankings in search-engine results. It has since developed “Invisible Hand” technology, which notifies internet users of cheaper prices on alternative websites and generates commissions for subsequent sales. The London company also runs a collection of e-commerce and price-comparison sites, and it acquired uSwitch in 2009. International sales at the business, which counts Hilton, North Face and eBay among its clients, increased by 287% a year, from £3m in 2007 to an annualised £45.4m in 2009.
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Forward Internet Group
Media developer and investor
|2-yr av int'l sales growth||286.69% pa|
|2009 intl sales||*£45.4m|
|2007 intl sales||£3.0m|
|Location of HQ||Central London|
* = annualised figures
‡ = draft accounts