Computer programmer Paul Tustain founded this London-based company after he was prevented from buying gold bars by the high minimum price tag of $500,000 (£315,000). The BullionVault solution to the problem is that it buys these bars – which remain safely locked up in vaults around the world – and then sells shares in them to retail customers for a commission. As the uncertainty surrounding the financial markets has pushed up gold prices, this model enables the average person to share in the “gold rush”. Sales, which include supply, commission and services to customers, grew 95% a year, from £41.3m in 2007 to £304.2m in 2010.

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Company details
Year2011
Rank29
CompanyBullionVault.com
ActivityGold dealer
LocationWest London
Annual sales rise over 3 years94.51%
Latest sales £000s304,248
Staff17
Founded2003
Websitewww.bullionvault.com

If applicable:

* supplied by company † annualised figure