Profit Track 100

This company’s technology helps automotive firms, such as Honda, Nissan and BMW, to test and develop cars. Its flagship VBOX product measures speed, position, distance and acceleration and can be used to assess braking distance and driver assistance systems such as adaptive cruise control. It also manufactures a VBOX motorsport range and a VBOX Indoor Positioning System to track objects inside buildings or underground. Its LabSat product is a GPS simulator that records and replays satellite signals to test products such as fitness wristbands and car navigation systems. The Buckingham business sells to 100 countries and generated 88% of its £14.5m sales overseas last year, when profits hit £2.5m. Profits are forecast to rebound to £4.5m in 2021. Founder and managing director Julian Thomas, 52, and chief executive Graham Mackie, 58, plan to open a Californian office this year to target the film industry.

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
Year2021
CompanyRacelogic
ActivityAutomotive technology manufacturer
LocationBuckingham
Profits £000*2,500
Sales £000*14,500
Staff102
Founded1992
Websitewww.racelogic.co.uk

If applicable:

# ebitda * supplied by company † annualised figure