Top Track 250

Sales £142.5m U 9% Profit £23.6m U 18% The Ritz hotel and Barratt Developments are just two names on the 3,000-strong client list of this London-based network and communications business. Set up in 2002 by chief executive Lee Wade, 62, it offers cloud, IT, security and data-centre services from its offices in London, Manchester, and Chippenham, Wiltshire. At the start of the pandemic it helped connect 5,000 NHS staff to the Health and Social Care Network in just 48 hours, enabling them to carry on working remotely. In 2020, sales rose to £142.5m.

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Company details
Year2020
Rank172
CompanyExponential-e
ActivityManaged services provider
LocationCentral London
Sales £m142.5
Operating profit £m23.6
Main shareholdersLee Wade (51%), Nick Wade (23%), Mukesh Bavisi (9%), other private investors (17%)
Staff539
Founded2002
Websitewww.exponential-e.com

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda