Fast Track 100

Hampshire-based Vadition sources security, networking and data-storage technology from America’s Silicon Valley, which it sells to banks, television production companies and life-sciences groups via resellers. It has achieved higher margins by specialising in new technologies and by often securing sole distribution rights in Britain and continental Europe. During the recession, sales growth has been driven by products that monitor staff activity, productivity and their use of confidential information. Led by co-founders Ian Morris and Neil Ledger, turnover has risen by 196% a year, from an annualised £906,000 in 2007 to £23.4m in 2010.

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
ActivityHardware/software distributor
Annual sales rise over 3 years195.77%
Latest sales £000s23,446

If applicable:

* supplied by company † annualised figure