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Fastest Growing Firms Include Four From Scotland

Four Scotland-based firms are included in a list of the 50 fastest growing technology businesses in the UK.

Rankings are based on percentage revenue growth over the last four years.

The Original Fit Factory, a Glasgow software firm focused on wellness and fitness, is ranked the fastest-growing technology company in Scotland this year by being placed fifth in the Deloitte Fast 50 with a turnover of 14,854% over the period.

Utopi, an ESG technology platform, saw growth of 1,400% and is 20th while Amiqus Resolution, an online compliance platform provider based in Edinburgh, is 34th with an 862% rise in income.

Aberdeen-based oil and gas technology firm Deep Casing Tools is listed 36th with an 850% rise in turnover.

Scottish online advertising company Good Loop is placed 3rd in the ranking for this year’s Women in Leadership category, while Edinburgh-based Roslin Technologies received a Rising Star award.  

The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £808mn in total annual revenues in the year 2022/23 and employed almost 15,000 people.

The Deloitte UK Technology Fast 50 recorded an average four-year growth rate of 5,473%.

Source: Daily Business Group

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