Fast Track 100

Freelancers and short-term contract staff can get this Warrington company to deal with their invoices and tax. Parasol takes on the timesheet, invoicing and national insurance paperwork of freelancers in the IT, engineering and telecoms sectors. It has also won recruitment consultancy clients such as Hays, for which it manages the payrolls of contract staff. In 2006 Inflexion backed a £24m management buyout led by founder Rob Crossland. The firm’s sales have grown 56% a year from an annualised £65.1m in 2004 to £249m in 2007.

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Company details
ActivityProfessional services group
Annual sales rise over 3 years56.36%
Latest sales £000s248,968

If applicable:

* supplied by company † annualised figure