Tech Track 100

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.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyVtesse Networks
ActivityNetwork services provider
Average 3 year sales growth94.25%
Latest sales £000s17,329

If applicable:

* supplied by company † annualised figure