Telling the truth about SME life today

Hot 100 2013 57: Maple Syrup Media

Share on facebook
Share on twitter
Share on linkedin
Share on email

The basics

Company name: Maple Syrup Media
What they do: Cash back and voucher codes
Headquarters: London
The Boss: Paul and Jennifer Nikkel

The financials

Latest turnover (?,000): 43,472
Four-year compound sales growth (%): 34
Latest Ebitda (?,000): 2,150

The details

Better known under its Quidco brand, Maple Syrup Media is Britain’s number one cash back and voucher code business.

The company was co-founded by Paul and Jennifer Nikkel while studying at the University in 2005 as a way of saving students money as they shopped online. The company has grown quickly: from 700,000 members in 2009, to 1.6 million members in 2011 and more than 3 million today.

Using affiliate networks, Quidco can track transactions with retailers and return a fixed sum or percentage of the order value commission back to the Quidco member. More than 3,500 retailers are signed up to the site, and members receive an average of £262.36 cash back per year.

Turnover is £43.5m with an Ebitda of £2.2m.

Trending

Topic

Share on facebook
Share on twitter
Share on linkedin
Share on email

Related Stories

Trending

If you enjoyed this article,
why not join our newsletter?

We promise only quality content, tailored to suit what our readers like to see!