Tech Track 100

This London company provides IT services such as technical support, internet telephony and website hosting. In the last year it has won contracts with Bibendum Wine and the Association of British Insurers. It has also moved to new offices in Soho. Founded in 1998 by joint chief executive Gavin Russell, the company acquired PC Division in 2002 and Peter Sweetbaum joined as fellow chief executive. With clients in Singapore and the Middle East, sales have grown 39% a year from £2.5m in 2005 to £6.8m in 2008.

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Company details
CompanyWavex Technology
ActivityIT managed services provider
LocationCentral London
Average 3 year sales growth38.56%
Latest sales £000s6,779

If applicable:

* supplied by company † annualised figure