LONDON, 5 December 2010 - World-leading gold trading and ownership service BullionVault today makes The Sunday Times/Virgin "Fast Track 100" league table of high-growth, privately-owned UK businesses for the first time.
Previous league-table entrants include sports-betting platform Betfair, telecoms retailer Carphone Warehouse, British inventor James Dyson's Dyson brand, and bureau de change Travelex.
Now BullionVault, the West-London based gold trading and ownership exchange founded in 2003, makes the closely-followed and much-respected list, growing faster over the last 3 years - with a larger turnover, too - than many other fast-growing 2010 names including clothes-retailer All Saints, furnishing and clothes designer Cath Kidston, and financial data provider MarkIt.
"Wanting to invest in gold in 1999," says the 2010 Fast Track 100 - published today in The Sunday Times, the UK's best-selling Sunday broadsheet - "computer programmer Paul Tustain discovered how hard it was for small investors to get good rates. These were reserved for big players that traded gold bars with a minimum $500,000 price tag.
"Using his programming skills, [Paul] set up a trading website allowing retail customers to acquire shared ownership of these bars, stored in accredited vaults."
Now, and "thanks to the booming gold market" as The Sunday Times says, sales have grown 106% per year, putting BullionVault seventh in the Fast Track 100's London regional league, and 21st out of this year's top 100 firms nationally.
You can read more at Fast Track 100.
