September 14 ,2016 | by Erin O’Neill

UK’s fastest-growing tech businesses revealed

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The UK’s fastest-growing technology businesses have been revealed in the Sunday Times’ Tech Track 100 index.

Cloud services provider UKCloud was named the fastest-growing tech business, with their annual sales increasing by 262.66 per cent over the past three years.

Top businesses

UKCloud was followed by IT services provider Roc Technologies, whose sales have grown by 221.18 per cent over the same period.

Meanwhile, London-based online crafts business LoveCrafts came in third place, with a revenue growth of 214.97 per cent, whilst biotechnology company Immunocore scored fourth place, with a sales rise of 206.64 per cent.

Sales

The majority of businesses featured in the index are based in London, with 20 from the South East and eight from the North West.

All companies have had sales in the region of £10 million, with a growth of 88 per cent on average over the past three years.

Erin O’Neill

Erin O’Neill is an LSBF News Writer who reports on small business, careers, technology and education news.

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