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
Year2018
Rank25
CompanyVeezu
ActivityTaxi hire provider
LocationNewport
Annual sales rise over 3 years95.62%
Latest sales £000s25,929
Staff304
Founded2013
Websitewww.veezu.co.uk

If applicable:

* supplied by company † annualised figure