Micro Nav Limited’s Success Recognised by The Sunday Times
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Posted: 20 September 2010 | CANSO | No comments yet
Micro Nav Limited has been placed in 55th place on the 2010 Sunday Times Microsoft Tech Track 100 league table, as announced in the Sunday Times on 19 September…
Micro Nav Limited has been placed in 55th place on the 2010 Sunday Times Microsoft Tech Track 100 league table, as announced in the Sunday Times on 19 September.
The Sunday Times Microsoft Tech Track 100 league table ranks Britain’s 100 fastest-growing private tech companies, based on sales growth over the last 3 years. The full list was published in the Sunday Times supplement at the weekend.
Micro Nav Limited have recorded outstanding growth over the past 3 years with sales growing more than 50% year on year from £1.7m in 2006 to £5.8m in 2009. 95% of the turnover in 2009 was generated by export sales including projects in Kuwait, the UAE, Malaysia, Poland, Turkey, Hungary, Ireland, Switzerland and Sweden.
Micro Nav Limited designs and supplies Air Traffic Control (ATC) and airport simulation systems used by civil and military authorities in the UK and overseas, and is one of the largest independent specialist ATC simulation companies in the world. Chief Executive Mike Male and Head of Systems Fred Johnson founded the business in 1988.
Martin Wise, Sales and Marketing Director, said “We are very proud to have won a place on this prestigious company league table. It has even greater significance as this success was achieved during a time of economic downturn, which not least affected the aerospace industry.
He added “The company’s expanded range of products including Radar, Tower, Airside Driver and Aircraft Marshalling simulators has enabled us to gain many new overseas customers over the past three years and we continue to forecast profitable growth in the future. This success follows our company’s earlier award this year of the Queen’s Award for Enterprise in the category for International Trade.”