It is hard to travel without spotting one of Travelex’s 950 foreign-exchange outlets at airports, ports or rail stations around the globe. It claims to be the world’s leading foreign-exchange and international payments specialist, with more than 30m customers and handling international payments for more than 35,000 firms each year. The group is reported to be looking to sell its business-payments arm for a potential £600m. Founder and executive chairman Lloyd Dorfman sold a 57% stake to Apax in 2005 in a £1.1 billion deal and sales reached £696m in 2010.

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Company details
Year2011
Rank74
CompanyTravelex
ActivityForeign exchange operator
LocationCentral London
Sales £m696
Profit £m100
Year endDec 10
Principal shareholdersApax (58%), Lloyd Dorfman (29%), Standard Chartered Bank (7%), management (6%)
Staff7,098
Founded1976
Websitewww.travelex.com

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* Supplied by company † Annualised figure