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Liv-ex named one of the UK’s fastest growing companies

By December 7, 2009Liv-ex updates

2009 Fast Track 100 logoLiv-ex is delighted to announce that it has been named the UK’s 59th fastest-growing private company in the 2009 edition of the Sunday Times Fast Track 100

The survey, now in its 13th year, ranks non-listed UK companies by their compound annual sales growth over a three year period (in most cases up to Dec 2008). Liv-ex achieved its ranking by recording per annum growth of 76%.

This is the second time in three years that Liv-ex has appeared in the top 100, with this year’s position 40 places higher than in 2007. 

The full list of 100 companies was announced in a supplement published yesterday by the Sunday Times. Liv-ex’s entry is reproduced below. You can download a pdf version of the full supplement here.

"If you are lucky enough to own a wine cellar, you might want Liv-ex to value it. Founded in 1999 by former stockbrokers James Miles and Justin Gibbs, the London International Vintage Exchange operates a business-to-business electronic wine-trading platform. The company charges a commission on each transaction, and says most of its trades involve French wines such as Bordeaux and Champagne, with a value of more than £8,000 per transaction. With some 260 merchants in 22 countries and demand from China driving up prices, sales have grown 76% a year from £5m in 2005 to £27.1m in 2008."

Liv-ex would like to thanks all of its members for their continued support.