Tewkesbury-based Satamatics designs and operates satellite tracking devices used in the transport and security industries. The data transmitted can, for example, locate shoals of fish, the position of ships, or monitor corrosion in oil and gas pipelines. The company was founded by chairman Roy Cole and chief executive Peter Chisholm, and its growth has been helped by a greater demand for security and by new laws. Sales have grown 124% a year from £1.3m in 2003 to £6.7m in 2005.

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
Year2006
Rank19
CompanySatamatics
ActivitySatellite services provider
LocationTewkesbury
Average 3 year sales growth123.61%
Latest sales £000s6,663
Staff31
Founded2001
Websitewww.satamatics.com

If applicable:

* supplied by company † annualised figure