Fast Track 100

The former chief executive of, Michael Murphy, recently led a management buy-in of Quidco, a cashback and voucher-code website. The business works by directing its members to retail websites, which pay the company a commission on everything subsequently bought there. Quidco then redirects this money back to the purchasing members, saving them a percentage of their transaction. The company claims there are now 1m members signed up who save on average £250 per year. Initially aimed at the student market, the money-saving climate of the recession has widened its appeal. Sales, which represent the total value of facilitated transactions, grew by 63% a year, from £7.5m in 2007 to £32.1m in 2010.

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
ActivityCash-back website operator
LocationCentral London
Annual sales rise over 3 years62.60%
Latest sales £000s*32,078

If applicable:

* supplied by company † annualised figure