Fast Track 100

Spotting an opportunity for taxi firms outside London to operate more efficiently through better use of technology, Paul Ragan, 51, Nathan Bowles, 42, and the late Joel Hope-Bell set up this business in 2013. The Newport-based group says it serves 25m passengers a year and has 3,500 drivers in cities such as Birmingham and Leeds. Turnover — which represents fees charged to drivers and amounts invoiced to account customers — reached £25.9m in 2017. During this period it bought southwest-based V Cars, its seventh acquisition.

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Company details
ActivityTaxi hire provider
Annual sales rise over 3 years95.62%
Latest sales £000s25,929

If applicable:

* supplied by company † annualised figure