The Sunday Times Hiscox Tech Track 100 league table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over their latest three years. It is compiled by Fast Track and published in The Sunday Times each September, with an awards dinner in November, and alumni dinners during the year.
The closing date for nominations for the 2020 league table is 3 July 2020, with publication on 6 September 2020.
Tech Track 100 entry criteria
The closing date for nominations for the 2020 league table is 3 July 2020, with publication on 6 September 2020.
Tech companies
- Independent tech* company
- UK registered, unquoted, and not subsidiaries
- Sales of at least £250,000 in the base year (2016 or 2017)
- Sales of at least £5m in the latest year (2019 or 2020)
- Year-on-year sales growth in the latest year from 2018 to 2019, or 2019 to 2020, plus forecast (or actual) sales growth
- Trading weeks in the base and latest years have to exceed 25
- Excluded companies include payday lenders, computer resellers and companies that are equal joint ventures, or majority-owned by quoted or other companies. IT consultancies and IT services companies are required to generate a significant proportion of their sales from proprietary technologies.
- We reserve the right to change the qualification criteria set out above and to make exceptions. This is not a competition; the compiler’s decision is final and no correspondence will be entered into
- Companies that do not meet the criteria can still be considered for the Ones to Watch programme. This is a selection of companies that have either achieved, or predict, good sales growth
* The definition of a technology company is based on the London Stock Exchange’s techMARK definition, i.e. “a company that shows a commitment to innovation, research and product development, and operates in sectors including software, internet, telecoms and biotech.”
Thanks to @UBS for supporting #ProfitTrack100 for 18 years, celebrating the UK’s private companies with the fastest-growing profits
Many thanks to @SantanderUK for supporting #ProfitTrack100 for a second year, recognising the private companies with the fastest-growing profits
Our thanks to @BDOaccountant for supporting #ProfitTrack100 for 7 years, recognising the UK’s private companies with the fastest-growing profits
Past @BDOaccountant #ProfitTrack100 companies include @krispykremeUK, @moneycouk and @wagamama_uk. Help us find 2020’s profit stars:
UK tech start-ups raised a record £10.1bn from investors in 2019, growing faster than the US & China. #TechTrack100 star @Checkout raised $230m in May, while @monzo @babylonhealth & @CMRSurgical raised substantial sums & are now unicorns valued at $1bn+
From services and construction, to retail and wholesale, we’re hunting for 2020’s @BDOaccountant #ProfitTrack100 companies
.@TheTimes’ Tempus column says “@Ocado will deliver for investors”, in an insightful piece highlighting the success of @OcadoSolutions – its AI-driven logistics business, which is partnering with major supermarkets worldwide #TechTrack100 #TopTrack250
https://t.co/YzpBekqemG
2019’s @BDOaccountant #ProfitTrack100 league table companies achieved profit growth of 78% a year over their last three years of accounts, to a total of £840m in 2017/18. We’re seeking 2020’s stars:
.@BrewDog opens alcohol-free bar in London offering 15 taps of non-alcoholic craft beer on draught @VirginAtlantic #FastTrack100 @BrewDogJames @MartinDickie https://t.co/VS9T9JkOjA
“We are striving to be the Nike or Adidas of the reusable world” James Butterfield and Tim Bouscarle, founders of @ST_Business #FastTrack100 No. 1 company @Chillysbottles, on how they’re saving the planet one bottle at a time @VirginAtlantic #FastTrack100 https://t.co/vTegKF5EFk
Types of company
Sales
£5m - £50mProfits
(£5m) - £10mAverage 3 year sales growth
40% - 300% paStaff
10 - 1,000Fast Track were the first people to put us on the map Matt Moulding, founder & CEO, The Hut Group
We continue to hire for both our UK and international offices, and the recognition that comes from Tech Track 100 is helpful in recruiting the best talent out there Gareth Williams, co-founder & chairman, Skyscanner
A rite of passage for any successful entrepreneurial company George Karibian, co-founder, Paymentsense
Tech Track 100 has provided a fantastic endorsement and very effective exposure for us as we've grown Hugo Amos, co-founder & chief strategy officer, Black Swan Data
Tech Track 100 is the most effective form of free marketing and networking available today Colin Smithers, founder & CEO, Redtail Telematics
It gives us instant recognition with employees, suppliers, investors and customers Jason Curry, CFO, Captify
Being on the Tech Track 100 is a fabulous proof point for our business, especially on recruiting great talent Guy Farley, co-founder and CTO, Bought By Many
Alumni success stories
Featured in 2002 with sales of £23m and floated in 2015 valued at £2.7bn
Featured in 2006 with sales of £143m, floated in 2010 and is now worth £6bn
Featured in 2011 with sales of £18m, floated in 2014 and was bought by Silverlake in May for £2.2bn
Sponsors
