Tech Track 100

Founded and owned by Adrian Stafford-Jones, Albany develops software for e-transactions including payments, document distribution and account verification. Boasting 12,000 business customers, the Hampshire company claims to have 35% of the British software market for electronic funds transfer. In 2004 it also launched software for large and medium-sized businesses, including the BBC and Virgin Mobile. Industry changes requiring businesses to update their electronic payment systems helped to boost sales 59% a year from £3m in 2003 to £7.6m in 2005.

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Company details
CompanyAlbany Software
ActivityE-transactions software developer
Average 3 year sales growth59.20%
Latest sales £000s7,593

If applicable:

* supplied by company † annualised figure