Tech Track 100

The devices created by this Swansea manufacturer use high intensity pulses of light to target unwanted hair and stop growth at the root. The products scan the user’s skin tone before automatically setting the energy level required. The company began by making hair removal devices for professional salons, but now sells its SmoothSkin products direct to UK consumers from high-street shops, including branches of Boots and Argos, as well as in 11 other countries. Backed by BGF chairman Sir Nigel Rudd and early Betfair investor Richard Koch, the company increased its sales to £17.5m in 2016 under chief executive Giles Davies, 49.

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Company details
ActivityHair removal technology
Average 3 year sales growth72.47%
Latest sales £000s*17,492

If applicable:

* supplied by company † annualised figure