Tech Track 100

Online grocery retailer Ocado serves 825,000 customers and has just expanded its delivery area to cover Leeds. Recent innovations at this Hatfield firm include an automatic reminder if an item a customer normally purchases is missing. The company has switched to biodegradable plastic bags as part of its focus on the environment. Sales rose 59% a year from £84.7m in 2004 to an annualised £213.6m in 2006, when the company made a significant loss. It is run by founders Jonathan Faiman, Jason Gissing and Tim Steiner.

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Company details
ActivityOnline grocery retailer
Average 3 year sales growth58.80%
Latest sales £000s†213,623

If applicable:

* supplied by company † annualised figure