Hot 100 2012: Number 37 is Ekwienox, a provider of IT services to financial institutions.
Company name: Ekwienox
What they do: IT services to financial institutions
The boss: Arthur Hughes
Latest turnover (£,000): 728,104
Four-year compound sales growth (%): 43
Latest Ebitda (£,000): 2,246
Ekwienox is a strategic holding company which is home to businesses with four main competences: broking, asset management, structured finance and the provision of specialised IT services to financial institutions in the City of London.
The company has tentacles across Eastern and Western Europe and is growing based on business from both emerging and established markets throughout the continent, according to the management team.
Ekwienox registered sales of a massive £728m in its last reporting period, significantly up on the £247.4m won by the business four years before. Compound sales growth over the Hot 100’s time horizon is 43 per cent, while profits increased more modestly from £2m to £2.2m.
The Hot 100 2012 is brought to you by Investec, Jordans, Cass Business School and Your Business Your Future.