Profit Track 100

This Cheltenham company makes computer-aided design and manufacturing software and has more than 20,000 customers, including Audi and BMW. It was listed on AIM but in 2010 the American private equity firm Battery Ventures paid £7.2m to take the business private and appointed Richard Smith, 49, as chief executive. About 80% of sales are now overseas, with profits at £8.2m in 2012.

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Company details
Year2014
Rank24
CompanyVero Software
ActivityManufacturing software designer
LocationCheltenham
Annual profit growth74.86%
Latest profits £000s8,212
Latest sales £000s43,470
Staff384
Founded1988
Websitewww.verosoftware.com

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda