Clive Titcomb, a former IBM salesman, set up ASTRAC in 1987 to provide support services for an IBM system that enables companies to trawl databases for information. The software was discontinued by IBM in 1998, whereupon Titcomb bought the rights to continue developing it. Sales increased 54% a year, from £1.5m in 1998 to £3.5m in 2000.

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Company details
Year2001
Rank84
CompanyASTRAC
ActivityBusiness software developer
LocationWarwick
Average 3 year sales growth54.44%
Latest sales £000s†3,549
Staff15
Founded1987
Websitewww.astrac.com

If applicable:

* supplied by company † annualised figure