Internet services provider Gradwell has been named as one of the South West’s five fastest growing technology companies in Deloitte’s UK Technology Fast 50 Awards programme.
The company, founded by Managing Director Peter Gradwell in 1998, was also ranked as one of the UK’s top 50 fastest-growing companies, coming 44th in the national list and 4th in the South West rankings.
Gradwell provides full communications, including internet phone, fax, email, web and broadband, to SMEs throughout the UK and its 10,000 customers represent more than 26% of the telephony market for UK businesses with less than 10 employees. It has seen revenue increase by 726% during the past five years, having generated rapid year-on-year growth over ten years.
The Deloitte UK Technology Fast 50 Awards programme, now in its twelfth year, covers both public and private companies in all areas of technology, from Internet specialists, telecommunications and computers to life sciences and semiconductors. This is the second time that Gradwell has featured in the rankings having previously being included on the 2005 list.
Managing Director Peter Gradwell, who established the company while at university, said: “We’re absolutely delighted to have been ranked in the Deloitte UK Technology Fast 50 list – and to be named as one of the top five technology companies in the South West.
“Our success is a result of providing flexible and reliable solutions which meet the needs of small businesses, as well as a dedicated support service to help our customers thrive. We also equip companies for the new business environment, allowing people to establish virtual offices and work from anywhere, which is perfect for the increasing numbers of people who are setting up on their own.
“Receiving such an accolade is a great reward for the hard work which everyone has put into the business and represents a fantastic achievement for a company founded only 11 years ago. The ranking also demonstrates our sustained growth over recent years; not only has our revenue increased dramatically, but our team has expanded from three to more than 40 and our customer base continues to grow to over 10,000 UK small businesses.”
Gradwell and his team will collect their award on 24th November at a ceremony held at Chelsea Football Club in London.