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Entries now open for the 2018 Deloitte UK Technology Fast 50 Awards

12 June 2018

Entries now open for the 2018 Deloitte UK Technology Fast 50 awards
  • 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.

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.

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 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.

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

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