Entries open for the 2018 Deloitte UK Technology Fast 50 awards


12-06-2018

Entries are now open for the 21st annual Deloitte UK Technology Fast 50 awards. The awards rank and recognise the 50 fastest growing technology companies in the UK, based on the last four years of revenue growth. Supporting Deloitte’s initiative for the UK’s fastest growing companies are the award sponsors DLA Piper, Oracle NetSuite and Silicon Valley Bank.

  • Awards recognise and rank the 50 fastest growing technology companies in the UK
  • Last year’s winner Deliveroo achieved a record average four-year revenue growth rate of 107,117%
  • The average four year growth rate recorded for the Deloitte UK Technology Fast 50 companies was 3,756% in the year 2016/17
  • Last year’s Fast 50 companies generated combined revenues of almost £1bn 2016/2017 and employed more than 9,000 people.

Since 1998, the Deloitte UK Technology Fast 50 awards have been showcasing an increasingly diverse and compelling range of UK-based technology companies, celebrating the fast growth and innovation of the start-up sector. Last year’s Fast 50 winners generated cumulative revenues of £960m in 2016/17, and employed more than 9,000 people in the UK, including 1,800 in research and development alone.

Julian Rae, Deloitte Cambridge Technology partner and local lead for the Fast 50 programme  (pictured)  commented; “Without question, the UK technology start-up scene is in rude health. This year’s awards will seek to capture the landscape during what is such an exciting and dynamic period for the UK technology sector.

“These awards have celebrated one thousand aspirational and influential new companies in the past two decades and a good proportion of these have started in Cambridge. This year we look forward once again to showcasing the breadth of innovative and talented companies who will participate in the 2018 awards, and wish them all good luck in the competition.”

Delivering results – Deliveroo (2017 overall Fast 50 winner)

With a record-breaking four-year revenue growth rate of 107,117%, last year’s winning entrant was online food courier service Deliveroo. In the twenty-year history of the Fast 50, no other company has ever grown at a faster rate.

Dan Warne, Deliveroo General Manager UK and Ireland, commented: “We were delighted to win last year’s Fast 50 award which recognised the hard work and dedication of the people who have made Deliveroo a British tech success. These awards act as an important vote of confidence for the UK’s technology start-ups in what is a highly competitive market.

“Since achieving this accolade, we’ve continued to grow and expand across the globe, powered by our cutting-edge technology and a desire to bring amazing meals direct to peoples’ doors.”

For full details and the entry form please visit: www.fast50.co.uk.

 

About the Deloitte UK Technology Fast 50

The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Since 1997, the awards have ranked the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. The UK Technology Fast 50 is part of an international programme run by Deloitte and qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.

For more information visit www.fast50.co.uk

 

Last year’s  winners of the Deloitte UK Technology Fast 50

Ranking

Company

Growth

Region

Sector

1

Deliveroo

107,117%

London

Internet

2

Bloom & Wild

13,818%

London

Internet

3

MoveGB

6,053%

South West

Internet

4

Smarkets

5,390%

London

Fintech

5

Stratajet

3,634%

London

Internet

6

Paddle

3,239%

London

Software

7

Receipt Bank

2,947%

London

Fintech

8

GoCardless Ltd

2,097%

London

Fintech

9

Coull

1,915%

South West

Media & Entertainment

10

Brainlabs

1,913%

London

Media & Entertainment

11

Outplay Entertainment

1,904%

Scotland

Media & Entertainment

12

LoopMe

1,825%

London

Software

13

VIRTUS Data Centres

1,729%

London

Software

14

Optal

1,714%

London

Fintech

15

Kantox

1,688%

London

Fintech

16

mobstuff

1,635%

London

Media & Entertainment

17

Duco

1,590%

London

Fintech

18

In Touch Networks

1,572%

North West

Internet

19

WDX

1,563%

London

Fintech

20

Volta Data Centres

1,562%

London

Software

21

PM Connect Ltd

1,319%

Midlands

Media & Entertainment

22

CyanConnode

1,221%

Cambridgeshire and East

Telecommunications

23

Ieso Digital Health

1,175%

Cambridgeshire and East

Healthcare & Life Sciences

24

Yieldify

1,144%

London

Media & Entertainment

25

BigChange

1,095%

North East

Software

26

Poq

1,015%

London

Software

27

Exsel Group

959%

Scotland

Software

28

Realeyes

932%

London

Software

29

Funding Circle

853%

London

Fintech

30

Reddico

851%

South East

Internet

31

Fonix

785%

London

Fintech

32

StarLeaf

782%

London

Software

33

Kymab Ltd

763%

Cambridgeshire and East

Healthcare & Life Sciences

34

Victor

716%

London

Internet

35

Blis Media

702%

London

Media & Entertainment

36

Featurespace

677%

Cambridgeshire and East

Software

37

Mighty Social

651%

London

Media & Entertainment

38

Farfetch

649%

London

Internet

39

WorldRemit

642%

London

Fintech

40

Nervecentre Software

636%

South East

Software

41

Black Swan Data

597%

London

Software

42

BlueGlass

561%

London

Media & Entertainment

43

BookingBug

554%

London

Software

44

Peppermint Technology

552%

Midlands

Software

45

Ebury Partners Ltd

548%

London

Fintech

46

SIPHON

539%

South West

Telecommunications

47

Cloud Technology Solutions

510%

North West

Software

48

AccessPay

497%

North West

Fintech

49

Arcus Global

491%

Cambridgeshire and East

Software

50

Seedrs Ltd

481%

London

Fintech

Deloitte UK Technology Fast 50 eligibility criteria

  • The parent company must be UK-owned and have its headquarters in the UK
  • NB: Companies headquartered in Northern Ireland can take part in the UK OR Irish programme, but need to choose one or the other and cannot enter both.
  • Operating revenues must be at least £44,000 (€50,000) for the first financial year of the four year period and £880,000 (€1,000,000) for the most recent financial year
  • NB: The accounts for the most recent financial year must have an accounting period ending between 1 June 2017 and 31 May 2018.
  • All submissions must be accompanied by signed accounts for the first and last financial year being measured in the competition. Unless a statutory exemption is being taken, these accounts must be unabbreviated and audited.


For more information and to find out whether your company qualifies, please visit: http://www.deloitte.co.uk/fast50/about/do-you-qualify/

If you have any further questions regarding whether your company qualifies, please contact fast50@deloitte.co.uk

 

The Deloitte Cambridge office comprises 7 Partners and over 250 staff who deliver a full range of professional services to the East Anglian region. As well as focussing on the life sciences and technology sectors for which the region has become so renowned, the office has long standing specialisms in other sectors including the professions, consumer business and agriculture.

Deloitte LLP