Tech Track 100

After founding several restaurants, Edwina and Derek Lilley came up with the idea for a software package that could manage all restaurant back-of-house processes, from invoicing to staff rotas. In 1999 Fourth Hospitality was launched to provide web-based management software, which, it claims, can boost profits by up to 7%. Sales have risen 102% a year from £821,000 in 2005 to £6.7m in 2008.

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
CompanyFourth Hospitality
ActivityHospitality software developer
LocationCentral London
Average 3 year sales growth101.65%
Latest sales £000s6,733

If applicable:

* supplied by company † annualised figure