Profit Track 100

Seeing an opportunity for taxi firms outside London to improve efficiency through technology, chief executive Nathan Bowles, 43, Paul Ragan, 52, and the late Joel Hope-Bell set up this business in 2013. It is based in Newport, Wales, and says it serves 25 million passengers a year, with more than 4,650 driver partners in cities such as Bristol, Cardiff and Birmingham. Profits hit £4.9m in 2018 and the company has recently acquired a string of taxi firms, including Premier Cars in Leeds last month. It has also introduced measures in response to Covid-19, including a 20% discount for frontline NHS staff.

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Company details
ActivityTaxi hire provider
Annual profit growth68.81%
Latest profits £000s4,911
Latest sales £000s31,338

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda