Founded in 1999 in the back of a bike shop in Portsmouth, Wiggle originally sold only cycling gear online, but has since expanded its range to include running, swimming and triathlon equipment, shipped to 88 countries. In December 2011, Isis Equity Partners, which invested £12m in the company in 2006, sold its stake to Bridgepoint in a deal that valued Wiggle at £180m. Led by chief executive Humphrey Cobbold and with former Asda chief executive Andy Bond as chairman, profits grew 46% a year, from £3.5m in 2008 to £10.9m in 2011.

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
Year2012
Rank89
CompanyWiggle
ActivityOnline sports goods retailer
LocationPortsmouth
Annual profit growth45.82%
Latest profits £000s10,912
Latest sales £000s86,787
Staff131
Founded1999
Websitewww.wiggle.co.uk

If applicable:

* supplied by company † annualised figure