Grand prix racing engineers are among the 3,000 workers at McLaren’s technology hub in Woking that depend on IT Lab for 24-hour support, after a deal struck in February. The company also sells cloud-based software and provides consultancy services, from its offices in London, Manchester, Woking and Cape Town in South Africa. Chief executive Peter Sweetbaum, 48, saw sales increase to £31.1m in the year to March, and in June he led a management buyout from tech conglomerate The Big Ideas Group, backed by ECI Partners.

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Company details
Year2016
Rank80
CompanyIT Lab
ActivityIT services provider
LocationCentral London
Average 3 year sales growth49.49%
Latest sales £000s31,118
Staff331
Founded2000
Websitewww.itlab.com

If applicable:

* supplied by company † annualised figure