Four companies in Yorkshire and the North East placed in fastest-growing tech firm league table

The four companies headquartered in Yorkshire and the northeast of England have made a strong contribution to the local economy over the last three years, despite the tough economic conditions.

Together they employ 838 people and have achieved combined sales of £164m.

The top company in the region is Leeds-based The Test People, which assesses software to make websites faster and more secure for customers that include William Hill and Hitachi Capital.

Under founders Gav Winter and Andy Slight it has grown sales by 76 per cent a year, from £1.1m in 2010 to £5.8m in 2013.

Co-founder and managing director Gav Winter said:

“We are delighted to be in the Sunday Times Hiscox Tech Track 100. Given we were only founded six years ago, its testament to the hard work of the people in and around our organisation, they all deserve this.

We currently employ over 100 staff based in Leeds, London and Gibraltar and we plan to expand in the UK and in overseas locations, and financial centres such as New York in particular.

“We have recently established our own Testing Academy to support our recruitment plans and the first 12 analysts will graduate shortly.”

There are two other new entrants: Newcastle-based subsea engineering specialist SMD; and Stockton-on-Tees firm Visualsoft, which develops and hosts ecommerce websites.

The Yorkshire and northeast England firms appear on the table alongside companies from around the UK, including online money lender Wonga, property websites operator Zoopla and content recognition services provider Shazam.

The Tech Track 100 league table and awards programme is sponsored by Hiscox and Barclays, and compiled by Fast Track, the Oxford-based research and networking events company.

Steve Langan, managing director of Hiscox UK and Ireland, the title sponsor of the league table, said:

“The passion, determination and resilience that this year’s Tech Track 100 businesses have demonstrated is no mean feat given the economic context and continued challenging trading conditions.

“We are pleased to be able to celebrate some of the brave and the bold tech companies that exist up and down the country, and hope that their success now inspires others too.”

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