ASTRAC

Clive Titcomb set up Astrac in 1987 to provide support services for an IBM system that enables companies to trawl databases for information and therefore make better decisions. IBM discontinued the system in 1998, whereupon Titcomb bought the rights to develop it. The profitable Warwick company says 90% of its sales come from overseas. Such exports have helped increase sales by 98% a year from £1.5m in 1999 to £5.9m 2001.

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Company details
Year2002
Rank48
CompanyASTRAC
ActivityBusiness software developer
LocationWarwick
Average 3 year sales growth97.69%
Latest sales £000s5,856
Staff19
Founded1987
Websitewww.astrac.com

If applicable:

* supplied by company † annualised figure