Tech Track 100

Chargemaster designs and supplies charging points for electric cars, with 14,000 public and 15,000 household points across Europe. Its customers include car dealerships, local councils and energy suppliers. Founded in 2008 by chief executive David Martell, 66, who founded fleet management software company Trafficmaster, Chargemaster raised its sales to £5.5m in 2013. With many car manufacturers launching battery-powered models, the Luton firm is using investment from Beringea, Helium Rising Stars and BMW to expand in Germany and the Benelux countries.

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Company details
ActivityElectric car charging equipment developer
Average 3 year sales growth83.87%
Latest sales £000s5,455

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* supplied by company † annualised figure