Mid-sized companies such as Monitise and Skyscanner use this Reading firm’s cloud-based HR software to hire, manage and develop staff around the world. It captures key data on every employee, from salary to time management, cutting the need for multiple systems. Under founder and chief technology officer Colin Cooper, 56, and chief executive Adam Hale, 51, sales grew to £5.6m in 2015. In May the FTSE 100 software group Sage invested £10m for a 21% stake.

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Company details
Year2016
Rank21
CompanyFairsail
ActivityCloud-based HR systems
LocationReading
Average 3 year sales growth114.36%
Latest sales £000s5,567
Staff62
Founded2007
Websitewww.fairsail.com

If applicable:

* supplied by company † annualised figure