Tech Track 100

Andrew Polson, 45, set up this Aberdeen-based company in 2015, when he saw the need for the oil and gas industry to cut costs as global oil prices fell. EnerQuip has built software that controls machinery through a touchscreen, for example monitoring the force put through pipes as they are raised with jacks, which requires precision to prevent damaging them. The software means two operators can undertake processes that would usually require a dozen workers. Sales reached £11m last year and — with the oil price falling this year — the company says it has a healthy order book due to the savings it offers, as well as the fact that its software helps maintains social distancing.

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Company details
ActivityOil field equipment manufacturer
Average 3 year sales growth72.96%
Latest sales £000s*11,044

If applicable:

* supplied by company † annualised figure