When you phone a company and hear a recorded message asking you to choose from a menu of options, the switching software that directs your call may have been developed by Buzz Networks. Founded by two former mobile-phone salesmen, Steve Smith and Jeremy Stokes, the company has seen its sales rise 108% a year, from £471,000 in 1998 to £2m in 2000. In September, Buzz was incorporated into Flexia, which is majority-owned by Stokes.

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Company details
Year2001
Rank31
CompanyBuzz Networks
ActivityTelecommunication systems provider
LocationCentral London
Average 3 year sales growth107.89%
Latest sales £000s2,037
Staff14
Founded1998
Websitewww.buzznetworks.co.uk

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* supplied by company † annualised figure