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.

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Company details
ActivityCommunications technology
LocationNorth London
Annual profit growth89.86%
Latest profits £000s24,601
Latest sales £000s140,281

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda