Profit Track 100

Established in 1981 by former IBM software engineers, London-based Metaswitch provides software for use with voice, video and messaging applications. A third of its staff work on research and development, creating software for more than 1,000 telecoms service providers, including AT&T, BT and TalkTalk. Under chief executive Martin Lund, 52, profits hit £24.6m in 2019. It plans to trial software to help businesses manage an anticipated long-term rise in remote working following the pandemic.

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
Year2020
Rank10
CompanyMetaswitch
ActivityCommunications technology
LocationNorth London
Annual profit growth89.86%
Latest profits £000s24,601
Latest sales £000s140,281
Staff839
Founded1981
Websitewww.metaswitch.com

If applicable:

* supplied by company † annualised figure