Profit Track 100

Founded in 1993 by Nigel Kneafsey, 44, this London company provides cloud computing services to financial sector clients in more than 20 countries. By the end of March it says it had more than 95% of clients successfully operating their business continuity plans, minimising disruption caused by the lockdown. Profits grew to £4.9m in 2018 and, in January, it secured an undisclosed investment from American private equity firm Abry Partners in exchange for a minority stake.

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
ActivityFinancial technology provider
LocationCentral London
Annual profit growth50.11%
Latest profits £000s4,925
Latest sales £000s70,850

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda