Fast Track 100

Wanting to invest in gold in 1999, computer programmer Paul Tustain discovered how hard it was for small investors to get good rates. These were reserved for big players that traded gold bars with a minimum $500,000 price tag. Using his programming skills, he set up a trading website allowing retail customers to acquire shared ownership of these bars, stored in accredited vaults. Thanks to the booming gold market and the support of the World Gold Council (an association of the world’s leading gold-mining companies), sales grew 106% a year, from £31.8m in 2006 to £277.1m in 2009. Turnover represents amounts receivable for sale of gold and services to customers.

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Company details
Year2010
Rank21
CompanyBullionVault.com
ActivityGold dealer
LocationWest London
Annual sales rise over 3 years105.87%
Latest sales £000s277,068
Staff13
Founded2003
Websitewww.bullionvault.com

If applicable:

* supplied by company † annualised figure