Advertising tech company Captify takes No.1 spot in ranking of UK’s top 100 new businesses

Startups.co.uk unveils 5th definitive list of 100 fast-growing, high-potential new businesses, with average turnover nudging £1m just three years since launch

22 May 2014 - London

Advertising technology company Captify has taken top spot in Startups.co.uk’s definitive ranking of the UK’s top 100 fast-growth, high-potential start-ups.

The company, which specialises in retargeting ads based on users’ web activity, jumped five places after stunning the judges by almost doubling its seven-figure turnover between 2012 and 2013, with a run-rate that will put those figures in the shade.

Strikingly, a third of the businesses have female founders on board, with average turnover for the list close to £1m. Reflecting the desire to start young, the average age of the entrepreneurs behind the businesses is 34, with the oldest founder a sprightly 66.

Launched in 2008, the Startups 100 was the first index of its kind – a celebration of the best in new British businesses.

Startups.co.uk’s editorial director, Ian Wallis said: “Diverse and utterly brilliant in so many ways, it’s staggering to think the average turnover for the 100 companies in this list is close to £1m – and very reassuring to know that many are already turning a good profit.”

Now in its fifth year, the 2014 Startups 100 ranking identifies privately owned UK companies that launched on or after 1 January 2011.

Entrants are judged by Startups’ experienced business team against a host of criteria, but primarily for innovation, impressive financials, economic impact, and growth potential.

Against stiff competition, this year’s winners – revealed on the site for the first time today – will join an illustrious Startups 100 alumni, including Notonthehighstreet.com, Huddle, Naked Wines, and Hailo (brief details below).

2014’s brightest start-ups

With 176 entrepreneurs in this year’s list, ranging from 21 to 66-year-old’s, the list shows that fast-growth companies are emerging all over the UK, with 36 started outside London.

The list also reflects the diversity and growing popularity of new businesses offering data-based services, alternative finance solutions, gourmet food and drink, and personalised fashion, with retail standing out as the most popular sector.

There are 62 new entries onto the list this year, with two – Currency Cloud and SportPursuit – leaping straight into the top 10. Three companies – event planning app YPlan, internet of things solution provider EVRYTHNG, and ‘online department store’ Nuji – jumped more than 30 places.

Ian Wallis added: “Game-changing tech start-ups are all the rage, but don’t be fooled into thinking the best new businesses launching in the UK are not steeped in tradition. So many of the exciting businesses in this list have used technology as an enabler to provide a unique twist on products and services that have existed for decades.”

The full list can be viewed here and found in the separate doc, titled ‘Startups 100 list.’

2014 Startups 100 list in numbers

Total number of founders: 176 (2013: 186)

Single founders: 41

Partnerships: 48

Three or more founders: 11

Geographical spread: 36 companies founded outside of London (2013: 37), 4 based in Scotland, 4 in Wales, with other hotspots in South West (7), South East (5) and North West (4).

Average number of employees: 13 (2013: 11)

Average age of entrepreneur: 34 (2013: 36)

Youngest entrepreneur: 21 – Oliver Murphy, Reviveaphone (2013: 22)

Oldest: 66 – Martin Freeman, PropertECO (2013: 68)

Gender: 33 businesses were started by female founders or co-founders, with 67 having male-only founders and co-founders (2013: 30 with female founders or co-founders, 70 male-only)

Average turnover for 2013 (for those that disclosed): £973,543 (2013: £731,778)

Businesses with turnover of £2m or above: 13

Average age of the business: 2.38 years (17 in their first year; 38 in their second year; 35 in third year; 10 in fourth year)

Most popular start-up sectors: Retail (12); Food (11); Data (8); Drinks (7); Fashion (7); Advertising (7); Finance (7).

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Notes to editors

 

Startups 100 alumni (selected):

Notonthehighstreet.com – The unique gift company raised £10m valuing the company at £100m in 2012 (2008 list)

Huddle – One of the most successful tech companies to come out of the UK in recent years, the project management and online collaboration business is considering an IPO after bringing total funds raised to over $40m (2008 and 2010 list)

Naked Wines – Customer-funded winemaker Naked Wines has raised a total of £25m to accelerate growth and generated revenues of more than £60m last year (2010 list)

Hailo – The taxi-app with $100m annualised revenues and $80m in funding from the likes of Sir Richard Branson is now available in 13 cities worldwide and has recruited 50,000 drivers (2012 list)

Entry criteria

All businesses must:

  • Have launched on or after 1 January 2011
  • Be UK-based and privately owned
  • Be innovative, exciting or able to demonstrate considerable success or potential for fast-growth

For more information on Startups 100 and to view this year’s list and the alumni, visit:

http://startups.co.uk/startups-100/

Alternatively, for more information and images please contact:

Ella Gascoigne

+44 (0)7896 595 527

ella@startuppr.co.uk