Hot 100 2012 – 66: The Benefit Express

The basics

Company name: The Benefit Express (trading as Thomsons Online Benefits)
What they do: Provider of employee benefits packages
Headquarters: London
The boss: Michael Whitfield

The financials

Latest turnover (£,000): 20,848
Four-year compound sales growth (%): 34
Latest Ebitda (£,000): 1,984

The details

“We make custom benefits packages easy to create and administer and give employees a say in the benefits they receive. They can trade benefits they don’t value, for those they do,” explains Thomsons Online Benefits chief executive Michael Whitfield. 

The company’s 34 per cent compound growth over the last four years is reflected in its move to 20,000 square feet of prime office space in the Victoria area of London, and a growing headcount of 300 people in multiple locations around the world. Says Whitfield: “We’ve come a long way: we founded the business above a burger bar in 2000.”

The Hot 100 2012 is brought to you by Investec, Jordans, Cass Business School and Your Business Your Future.

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