Tech Track 100

Companies such as MTV and Welcome Finance use this firm’s online platform to manage employee benefits. Software developed by Thomsons Online Benefits gives employers and staff access to reward statements, pension modelling and benefit administration. The company also offers advice on how to create staff benefit packages. Pi Capital backed a management buyout in 2004, paying a reported £5m for 54% of the business, which is headed by co-founders Michael Whitfield and Chris Bruce. Two new product launches have helped sales at the London firm rise 79% a year from £1.8m in 2004 to £5.9m in 2006.

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Company details
CompanyThomsons Online Benefits
ActivityEmployee benefits software developer
LocationCentral London
Average 3 year sales growth79.40%
Latest sales £000s*5,852

If applicable:

* supplied by company † annualised figure