There has been a positive ‘glut’ of comms companies being mentioned in dispatches this week as a result of the Sunday Times publishing their top 100 to watch.
Azzurri Communications has been celebrating after being placed in The Sunday Times Microsoft Tech Track 100 announced yesterday for the 2nd year running. It was also ranked 7th in the list of Tech Track 100 firms with the largest sales, recording £61.1m in 2004.
The 2005 league table ranked companies based on sales growth between financial year-end 2002 and 2004. All entrants were required to be non-subsidiary, independent technology companies, registered in the UK and unquoted. Sales in 2002 had to exceed £100,000 and at least £3m in 2004, up from the minimum sales criterion of £1m in last year’s league table.
Commenting on the company’s placement in the league table, chief executive officer at Azzurri, Martin St. Quinton said: “Appearing in this year’s Sunday Times Microsoft Tech Track 100 is a great testament to all the hard work put in by the whole Azzurri team. Being named as one of the firms with the largest sales in 2004 is an outstanding achievement and something that we aim to build on year on year.”
Azzurri, a leading communications and telecommunications company, was founded by St. Quinton in 2000, with support from 3i and the Bank of Scotland. The company has grown rapidly through the acquisition of thirteen regional telecoms and IT companies. Today Azzurri is one of the leading resellers of voice and data solutions in the UK, employing over 600 people across the country and with annual turnover standing at £90m.