Founded in 2000 by Aidan Paul and Alan Twite with £6.5m of personal funds and individual investment, this Hertfordshire company designs, builds and manages optical networks for voice and data transfer between clients in the financial-services industry. Signing a £70m four-year contract with Lloyds TSB to provide an outsourced core network and launching a 40GB bandwidth service have helped sales to grow 94% a year from £2.4m in 2004 to £17.3m in 2007. Vtesse Networks is now looking to break into the British residential wholesale market.

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Company details
Year2008
Rank25
CompanyVtesse Networks
ActivityNetwork services provider
LocationHertford
Average 3 year sales growth94.25%
Latest sales £000s17,329
Staff37
Founded2000
Websitewww.vtesse.com

If applicable:

* supplied by company † annualised figure