Fast Track 100

Inventor Nick Grey, 49, left the vacuum cleaner maker Vax in 2001 to design his own cordless floor sweeper. Taking on established brands such as Dyson and Hoover, his company aims to develop cleaners that are not just cordless but also lightweight and easy to use, such as its AirRam vacuum. The Worcester firm, which also makes cordless garden tools and electric bicycles, has sold more than 22m products in 19 countries, helping sales grow to £91.2m in 2016. Gtech works closely with the University of Worcester and provides its 175 employees with funding for training.

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
ActivityAppliance manufacturer
Annual sales rise over 3 years60.76%
Latest sales £000s91,236

If applicable:

* supplied by company † annualised figure