Tech Track 100

This Surrey company connects schools and offices to the internet, particularly in rural areas, through lines that it leases from the government’s telephone exchanges. It works only with the public sector and has helped to link up 800 doctors’ surgeries in Wales. Originally based in Denmark, the company expanded its model to Britain, where it was bought out by directors Richard Bennett and Victor Baldorino in July 2009. The deal had the backing of LMS Capital, which provided £6.2m in return for a 46% stake. Sales at Updata Infrastructure grew 63% a year, from £4.6m in 2007 to £19.7m in 2010.

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Company details
CompanyUpdata Infrastructure
ActivityNetwork services provider
Average 3 year sales growth62.69%
Latest sales £000s19,702

If applicable:

* supplied by company † annualised figure