By using ImpulsePay you can buy things online on your mobile phone with just a few clicks — for example, wi-fi access on Virgin Trains. According to the tech firm, this method of payment is more than seven times quicker than using a credit card. Founder and chief executive Chris Newell, 36, started ImpulsePay in 2009 and saw sales, which include the value of purchases made, reach an annualised £12.5m in 2015.

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Company details
Year2016
Rank12
CompanyImpulsePay
ActivityMobile payment technology
LocationNewcastle
Average 3 year sales growth148.09%
Latest sales £000s*12,465
Staff8
Founded2009
Websitewww.impulsepay.com

If applicable:

* supplied by company † annualised figure