Colchester based online marketing agency, Coast Digital, has been ranked as one of the leading technology firms in the UK in both the Sunday Times Microsoft Tech Track 100 and New Media Age’s Top 100 Interactive Agencies 2008.

With sales growth of 150.05% Coast Digital were listed at number 11 in Britain, in the latest Sunday Times Microsoft Tech Track 100 annual league table, published on the 28th September. Now in its eighth year, the prestigious league table ranks Britain’s one hundred fastest-growing private technology companies by their sales growth over a three-year period.

Out of the 25 businesses from the Southeast region that won places in this year’s listing, Coast Digital was ranked third in the region. Each of the 25 companies has made a substantial contribution to the local economy and together employs 4,286 people and have racked up combined sales of £725m.

Coast Digital’s success has continued with its listing in New Media Age’s Top 100 Interactive Agencies for the third consecutive year, Coast Digital was ranked the second biggest digital agency in the East of Britain. This follows its overall ranking of 91st in the annual league of the UK’s top 100 digital marketing, design & build and technical agencies.

James Frost, Managing Director, Coast Digital said: “It’s a great privilege to be ranked in both the Sunday Times Microsoft Tech Track 100 and New Media Age’s Top 100 Interactive Agencies 2008. The fact that we are one of only a few regional agencies that have managed to scale our business successfully and compete with the London agencies is a great achievement. It’s remarkable that in just six years we have grown into a Top 100 Interactive Agency. It’s testament to all our staff who have worked tirelessly to get the company to where it is today. We have ambitious plans for the coming year as we seek to expand the agency and our existing client base.”

Based in Colchester, Coast Digital currently has 27 staff and work with clients including CAFOD, Wiltshire Farm Foods, Essex County Council and British Waterways.

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When using this information please credit:
The Sunday Times Microsoft Tech Track 100

Notes for editors:

About Coast Digital
Coast Digital is a full service digital agency that delivers marketing you can measure; offering a complete range of services from initial consultancy; design and build; to fully-managed online marketing campaigns.

Since its formation is 2002 by managing director James Frost, Coast Digital has demonstrated continuous growth and is now ranked in the UK Top 100 Interactive Agencies by New Media Age and was also listed The Sunday Times Tech Track 100 and the Deloitte Technology Fast 50 for 2007.

Coast Digital has developed a strong market position in retail; health and well-being; professional services including legal; creative and media; not-for-profit and charities. Coast Digital’s client profile generally consists of national challenger brands, working with business of all sizes, specialising in those operating a direct response model.

www.coastdigital.co.uk

For more information please contact Rachel James or Matthew Shaw on 0207 201 0600 alternatively feel free to e-mail rachel@limelightpr.co.uk, matthew@limelightpr.co.uk

About the league table:
Now in its eighth year, The Sunday Times Microsoft Tech Track 100 annual league table is compiled by Oxford-based research and networking events company Fast Track.
In addition to title sponsor Microsoft, the league table is co-sponsored by BDO Stoy Hayward and Barclays Commercial.

League table criteria
Sales growth is measured by compound annual growth rate (CAGR) over the latest three financial years between 2004 and 2007, or 2005 and 2008. A minimum of 25 weeks’ trading in the base and latest years was required. For financial years lasting less or more than 52 trading weeks, figures were annualised on a simple pro-rata basis.
Annualised sales had to exceed £250,000 in the base year (2004 or 2005) and £5m in the latest year (2007 or 2008). Companies had to also show an increase in sales in their latest year, plus forecast sales growth. They were not required to be in profit.
Companies had to be unquoted, independent and registered in Britain.
The research was carried out by Fast Track between May and August. All companies were interviewed by telephone and the majority (80) have also been visited by the Fast Track research team.

About Microsoft
Microsoft provides organisations with the technology they need to excel in their markets, based on Microsoft server, client and developer technologies as well as the comprehensive business applications offered by Microsoft Business Solutions.
www.microsoft.com/uk

About BDO Stoy Hayward
BDO Stoy Hayward, UK Member Firm of BDO International, is the world’s fifth largest accountancy network with more than 600 offices in 110 countries.
www.bdo.co.uk

About Barclays Commercial
Barclays Commercial Technology and Telecoms team have more that 40 sector-focused specialists located across the UK. They are working with more than 35% of all businesses operating in the sector and most of the UK listed T+T companies.
www.barclayscommercial.com

About Fast Track
Fast Track is an Oxford-based networking events and research company ranking Britain’s top-performing private companies, ranging from the fastest-growing to the biggest.
The company was founded and is run by Dr Hamish Stevenson, who has been an associate fellow at Oxford University for the past 12 years.
www.fasttrack.co.uk

For further information and photographs please contact:
Lindsay Uppadine, Fast Track, Tel: 01865 297 009
Email: lindsay.uppadine@fasttrack.co.uk

Published on: 12:00AM on 10th October 2008