Neural Technologies has been named one of Britain’s fastest growing private companies by The Sunday Times PricewaterhouseCoopers Profit Track 100 report.
The risk management software solution provider was included in the prestigious league table which features Britain’s 100 private companies with the fastest-growing profits measured over the last three years of latest available audited accounts. It offers a picture of Britain’s top performing private businesses, which are thriving in spite of the economic downturn.
Neural Technologies was featured in the table due to sustained profit growth of 55% a year from 2005 to 2008. This prestigious recognition follows hot on the heels of the company receiving an Organisational Excellence Award and being named Large Technology Supplier of the Year by the British Computer Society (BCS) in December.
Said CEO, John Gavan, “Achieving a place in the Profit Track 100 not only recognises the sustained and dramatic growth that Neural Technologies has undergone over the last few years, but is also a testament to the commitment of everyone within the company who has worked tremendously hard to ensure that the company is one of the most active and financially secure software vendors in its respective market space”.
The table includes many well-known UK brands, such as visitor attraction operator Merlin Entertainments Group, sandwich shop operator Pret A Manger and clothing retailer White Stuff.
The full findings are available in an eight page special supplement – download the supplement here: http://www.fasttrack.co.uk/fasttrack2002/bin/2009-ProfitTrack100.pdf
About Profit Track 100
Now in its tenth year, the Profit Track 100 is produced by the Oxford research and networking events company Fast Track, with sponsorship from Price Waterhouse Coopers, Lloyds TSB Corporate Markets and UBS Wealth Management.
Companies are ranked according to the compound annual growth in their profits over three years. This is based on their latest available audited figures (either 2004 to 2007, or 2005 to 2008). Companies had to be registered in the UK, be independent, unquoted and ultimate holding companies.
For more information and national and local press releases please visit http://www.fasttrack.co.uk/.
About Neural Technologies
Neural Technologies (Nt) has established itself as a leading provider of risk management software solutions. Formed in 1990, the company has built upon a foundation in neural analysis and design to provide quality products that increase bottom-line returns for its customers.
Nt’s solutions empower organisations to minimise financial risk to their business, providing comprehensive risk management capability in the areas of fraud, bad debt, customer attrition, collections, revenue assurance and security.
Nt has twice been ranked in the Sunday Times Tech Track 100 league table of the UK’s top technology companies and was named Large Technology Supplier of the Year 2008 by the British Computer Society.
The company has a customer base of around 40 organisations worldwide, comprising AT&T, Sprint, Brasil Telecom, T-Mobile, MTN, Zain, Telkom SA, Orange, 02, VimpelCom, TDC, GE Money, DiGi Malaysia, Axtel and Digitel.
For more information, visit www.neuralt.com.