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Southampton based software developer iMeta Technologies ranks 91 in the Sunday Times Microsoft Tech Track 100 league table
Now in its 7th year of business, iMeta has grown steadily and was recognised as one of the fastest growing private technology companies in the UK by its sales growth over a two year period. Led by directors Adrian Roe, Ben Marsh, Nick Canfor and Steve Strong, the company has grown its sales 56% a year from £1.5m in 2004 to £3.5m in 2006 and has a staff of 68.
"Tech Track 100 is a prestigious and is a very public recognition of our success and a substantial achievement for which we should be proud. I would like to take this opportunity to thank all of our staff for the continued hard work, dedication and can do attitude that has made this possible" says Ben Marsh, Managing Director, iMeta Technologies Ltd.
Some 23 business in the south east have won places on this year's listing. Each of these companies has made a substantial contribution to the local economy.
Now in its seventh year the Sunday Times Microsoft Tech Track 100 annual league is compiled by Oxford-based research and events company Fast Track.
League table criteria:
Sales growth is measured by compound annual growth rate (CAGR) over two financial years to the latest available audited accounts or independently verified financial statements; either 2004 to 2006, or 2005 to 2007. A minimum of 25 weeks' trading in the base and latest years was required. For financial years lasting less or more than 52 trading weeks, figures were annualised on a simple pro-rata basis.
Annualised sales had to exceed £100,000 in the base year (2004 or 2005) and £3m in the latest year (2006 or 2007). Companies had to show an increase in sales in their latest year, plus forecast sales growth. They were not required to be in profit.
Companies had to be unquoted, independent and registered in Britain.
The research was carried out by Fast Track between 1st May and 3rd August. All companies were interviewed by telephone and the majority (83)have also been visited by the Fast Track research team.
About Microsoft
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential. www.microsoft.com
About PricewaterhouseCoopers LLP
The member firms of the PricewaterhouseCoopers network provide industry-focused assurance, tax and advisory services to build public trust and enhance value for clients and their stakeholders. More than 140,000 people in 149 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice. Unless otherwise indicated, 'PricewaterhouseCoopers' refers to PricewaterhouseCoopers LLP, a limited liability partnership incorporated in England. PricewaterhouseCoopers LLP is a member firm of PricewaterhouseCoopers International Limited. www.pwc.co.uk
About Fast Track
Fast Track is an Oxford-based research and events company with 11 years' experience publishing league tables ranking the UK's top-performing private companies, and bringing together their owners to network and meet our sponsors. The company was founded and is run by Dr Hamish Stevenson, who is also an associate fellow of Templeton College, Oxford University. www.fasttrack.co.uk
About iMeta Technologies
iMeta are experts in designing, developing and delivering software solutions that provide real business benefit for customer www.imeta.co.uk
For further information please contact Florence Thomas, fthomas@imeta.co.uk
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