Tech Track 100

The online employee benefits management system developed by this London company enables employers such as Avon Cosmetics, Betfair and Cisco to record sick days and administer perks for staff. In the past 12 months the company has rebranded itself, moved to bigger headquarters, and spent almost £2m on upgrading its technology. It was founded in 2000 by Michael Whitfield and Chris Bruce, and in December 2004 Pi Capital bought a 48% stake for a reported £5m. Sales have grown 48% a year from £3.8m in 2005 to £12.2m in 2008.

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Company details
CompanyThomsons Online Benefits
ActivityEmployee benefits software developer
LocationCentral London
Average 3 year sales growth47.63%
Latest sales £000s*12,205

If applicable:

* supplied by company † annualised figure