When a bank wants to send text messages to customers to alert them to any unusual activity in their accounts, it may contact Reach-Data first. The London company provides mobile messaging and wireless technology services by teaming up with British mobile-phone operators. It collects a fee for each message and has seen sales grow after a recent surge in demand for bulk messaging services. Reach-Data was founded in 2002 by chief executive Grant Romain. Its sales grew 89% a year from £1.5m in 2006 to £9.9m in 2009.

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
Year2010
Rank19
CompanyReach-Data
ActivitySMS services provider
LocationNorth London
Average 3 year sales growth89.14%
Latest sales £000s9,932
Staff6
Founded2002
Websitewww.reach-interactive.com

If applicable:

* supplied by company † annualised figure