Tech Track 100

People who find it difficult to obtain an overdraft from their banks might turn to Account Technologies, which develops software to analyse individuals’ bank transactions, and identifies and manages risks before approving loans. It tracks customers’ daily balances and deposits money when the balance drops below a pre-agreed level to avoid customers falling into unauthorised overdrafts and incurring charges. The company launched its first product, SafetyNet Credit, in 2012, and appointed Rob Ashton, 35, chief executive in 2013. Turnover — which comes from the interest charged on loans it approves— hit £68.2m last year, with operating profits of £19.3m, one of the highest in the league table.

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Company details
CompanyAccount Technologies
ActivityConsumer finance provider
Average 3 year sales growth87.39%
Latest sales £000s68,212

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* supplied by company † annualised figure