Apical develops microchip technology used in more than one billion mobile devices. Clients include Chinese telecoms giant Huawei and South Korea’s Samsung, and booming sales of smartphones helped lift latest profits to £8.7m, on margins of 52%, among the highest on the league table. Last year, it launched a new microchip technology which uses sensors to learn an individual’s behaviour and has potential applications ranging from smart home security to elderly care. The London-based business is run by founder and chief executive Michael Tusch, 46.

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Company details
Year2016
Rank59
CompanyApical
ActivityImaging technology developer
LocationCentral London
Annual profit growth69.68%
Latest profits £000s8,656
Latest sales £000s16,615
Staff64
Founded1999
Websitewww.apical.co.uk

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* supplied by company † annualised figure