
The basics
Company name: Maple Syrup MediaWhat they do: Cash back and voucher codes
Headquarters: London
The Boss: Paul and Jennifer Nikkel
The financials
Latest turnover (?,000): 43,472Four-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.- Read the full Hot 100 2013 list
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