UPDATA

David Linton, an Australian, financed his engineering degree at King’s College, London through private share dealing. After graduating, he launched UPDATA Software in 1991 to sell the type of information that had made his amateur trading successful. He developed a user-friendly software package that tracks share prices and gives historical data on companies listed on the stock market. For an annual fee of £1,000, Updata offers the information to small traders.

Its sales have increased 105% a year, from £382,000 in 1998 to £1.6m in 2000.

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
Year2001
Rank33
CompanyUPDATA
ActivityShare trading software developer
LocationCentral London
Average 3 year sales growth104.99%
Latest sales £000s1,604
Staff20
Founded1991
Websitewww.updata.co.uk

If applicable:

* supplied by company † annualised figure