Profit Track 100

Formerly Excel IT Services, this London firm more than quadrupled its workforce in 2018 through the acquisitions of part of RedstoneConnect for £21.6m and Irish firm Kedington for an undisclosed sum. It provides IT infrastructure and support for data centres and offices, as well as smart building technology such as software to monitor the use of desks and rooms. Profits grew to £6.5m in 2019 under chief executive Barry Horgan, 48. With more companies now embracing working from home, it has been advising customers about the use of its secure remote-working services.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2020
Rank19
CompanyExcelRedstone
ActivityIT infrastructure provider
LocationCentral London
Annual profit growth75.70%
Latest profits £000s6,492
Latest sales £000s100,649
Staff661
Founded1993
Websitewww.excelredstone.com

If applicable:

* supplied by company † annualised figure