Fast Track 100

Spotting an opportunity for taxi firms outside London to operate more efficiently through better use of technology, Paul Ragan, 50, Nathan Bowles, 41, and chief executive Joel Hope-Bell, 44, set up this business in 2013. The Newport-based group says it serves 25m passengers a year and has 3,500 drivers in places such as Birmingham and Leeds. Sales, which are made up of fees charged to drivers, reached £20.3m in 2016. It expanded into southwest England in September when it bought V Cars, its seventh acquisition.

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Company details
ActivityTaxi hire provider
Annual sales rise over 3 years157.03%
Latest sales £000s20,295

If applicable:

* supplied by company † annualised figure