First published 16 September 2013
Cleantech companies have featured prominently amongst this year’s Sunday Times Tech Track 100, which ranks the top 100 UK technology companies by sales growth. Although none made it to the top ten (which seems to be dominated by online finance and marketing solutions), some familiar names were to be found just outside – notably E-Leather at 12 (sales growth 180.8% to £7 million) and AlertMe at 13 (sales growth 169.5% to £13.6 million). Both companies have featured in the GP Bullhound Cleantech Connect Awards in recent years so it’s good to see them in a general award as well – and great to see that there are some cleantech companies growing faster than Wonga.com! E-Leather supplies low cost, light weight, eco friendly coverings for airline seats and other applications. AlertMe is a Smart Home company (see our interviews with their respective CEOs, Chris McBean of ELeather and Mary Turner of AlertMe).
Featuring just outside the top 20, ranking 21 (with 127.6% growth in sales to £9.3 million) was Bowman Power, which has developed a heat recovery system for diesel engines. Fuel cell company Intelligent Energy ranked 27 (with 112.9% growth in sales to £43.9 million).
Also in the top 50 were Evance Wind Turbines (sales growth of 73.8% to £8.6 million), a small wind turbine manufacturer which ranks 47 – and CamSemi, which makes power-saving chips – at 48 (sales growth 69.9% to £9.7 million).
Further down the list, other cleantech companies included Cygnet Group, at 82 (sales growth of 46.5% to £22.8 million), a manufacturer of machinery for lightweight carbon fibre manufacturing; and ECO Plastics, at 98 (sales growth 41.9% to £3.5%), which recycles PET bottles.
The full list is available online at the following link: Sunday Times Tech Track 100.