Tech Track 100

Do you want to get in touch with long-lost classmates, workmates or neighbours? It’s a safe bet you will have heard of Friends Reunited, the internet site that allows users to do just that. Registration and browsing are free, but contact details are not displayed and subscribers pay £7.50 a year to use the site as a go-between. The company was founded in 2000 and recently launched genealogy and dating services, which work on a similar pay-per-contact principle. The basic idea came from co-founder Stephen Pankhurst’s pregnant wife, who was bored and wanted to make contact with old friends. Sales have grown 79% a year from £2.4m in 2001 to £7.6m in 2003 with good underlying profits of £4.2m.

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Company details
CompanyFriends Reunited
ActivityContact website operator
Average 3 year sales growth78.74%
Latest sales £000s7,604

If applicable:

* supplied by company † annualised figure