The Sunday Times 100 Tech ranks Britain’s fastest-growing private technology companies
Engineers with broadband operator Netomnia(Image: Netomnia)
A Gloucestershire company has been named among the fastest-growing tech companies in the UK by the Sunday Times. Fibre broadband provider Netomnia ranked third on the annual 100 Tech list for hardware businesses in 2026.
The Tewkesbury-based business makes wholesale connectivity available to internet service providers and has ambitious plans to reach five million premises by 2027. Chief executive Jeremy Chelot, 42, started the business with chief financial officer Will Wadsworth, 36, in 2019.
Netomnia, which also provides broadband services via its YouFibre brand, merged with Brsk in 2024 to become one of the largest alternative network providers.
Over the last three years, the company has grown a huge 352.78 per cent, generating £38.7m in sales last year alone.
The Sunday Times 100 Tech ranks Britain’s fastest-growing private technology companies, shining a spotlight on the entrepreneurs and teams driving their success. It is a sister league table to The Sunday Times 100, a ranking of Britain’s fastest-growing private companies.
To qualify, companies must be independent, privately owned, and headquartered in the UK. The list is split into two categories: software and hardware and other technology, including life sciences.
Abound, a lending fintech company founded in 2020 by Michelle He and Gerald Chappell, topped the software list. The business uses AI to help borrowers bypass traditional lending through its technology-driven loans platform.
The company now employs 120 people and has a small office based in Bermondsey, London. Over the past three years, it has grown by 490 per cent a year and last year it reported £66.8m in sales.
Fuse Energy ranked number one in the hardware category with a rate of annual sales growth that places it second fastest-growing overall.
The renewable energy company was founded by two former Revolut executives, Alan Chang and Charles Orr, who have led the business from start-up to unicorn status in just three years. They have seen an impressive 484 per cent annual growth in the last three years, with £129.7m sales in the last year.
Out of the 100 companies featured in the rankings more than a half (57) are based in London.
Three other West Country companies made the 100 Tech list: Envelop Risk, a cyber reinsurance firm in Bristol (sales of £34.6m); Bournemouth advertising technology company Content Ignite (£8.7m); and Bournemouth business finance software company iplicit (£6.3m).
Jon Yeomans, business editor of The Sunday Times, said: “Despite a challenging economic backdrop, Britain’s tech sector continues to produce businesses of extraordinary ambition and momentum.
“This year’s Sunday Times 100 Tech highlights founders who are scaling at remarkable speed, creating thousands of jobs and exporting British innovation to the world. From fintech and AI to energy and life sciences, these companies show that the UK remains one of the most dynamic technology ecosystems globally.”
The Sunday Times research found that collectively the 100 companies on the list generated sales of £3.7bn, up by £3bn in the last three years. More than two thirds (70) of the companies trade internationally.
Nearly a fifth (16) of the businesses were founded or are led by women and nearly three fifths (58) were founded in the last decade.
