A Gloucestershire-based technology firm has been celebrated as one of the nation's most rapidly expanding private companies in a prestigious annual ranking.
West Country Firm Secures Top Hardware Spot
Netomnia, a wholesale fibre broadband provider headquartered in Tewkesbury, has achieved an impressive third place in the hardware category of The Sunday Times 100 Tech list for 2026. The company, founded in 2019 by chief executive Jeremy Chelot, 42, and chief financial officer Will Wadsworth, 36, has experienced staggering growth of 352.78 per cent over the last three years. Its sales reached £38.7 million in the last financial year alone.
The business supplies connectivity to internet service providers and also operates the consumer-facing YouFibre brand. Following a merger with Brsk in 2024, Netomnia has solidified its position as a major alternative network provider. It now holds an ambitious target to make its full-fibre network available to five million premises by 2027.
National Leaders in Tech Innovation
The Sunday Times 100 Tech league table highlights Britain's fastest-growing private technology companies, split into software and hardware sectors. To qualify, businesses must be independent, UK-headquartered, and privately owned.
Topping the software list was Abound, an AI-driven lending fintech founded in 2020 by Michelle He and Gerald Chappell. Based in Bermondsey, London, Abound reported annual growth of 490 per cent and sales of £66.8 million.
The overall fastest-growing company on the list was Fuse Energy, which ranked first in hardware. Founded by ex-Revolut executives Alan Chang and Charles Orr, the renewable energy firm achieved unicorn status in just three years, with annual growth hitting 484 per cent and sales of £129.7 million.
Regional Success and Sector Strength
The research revealed that more than half (57) of the ranked companies are based in London. However, the West Country was also well represented. Three other companies from the region made the cut:
- Envelop Risk, a cyber reinsurance firm in Bristol (£34.6m sales)
- Content Ignite, a Bournemouth-based advertising technology company (£8.7m sales)
- iplicit, a Bournemouth business finance software provider (£6.3m sales)
Collectively, the 100 firms generated £3.7 billion in sales, a £3 billion increase over three years. Notably, 70 of them trade internationally, and 16 were founded or are led by women.
Jon Yeomans, business editor of The Sunday Times, commented on the sector's resilience: "Despite a challenging economic backdrop, Britain’s tech sector continues to produce businesses of extraordinary ambition and momentum." He added that the list showcases founders scaling at remarkable speed, creating jobs, and exporting British innovation globally across fintech, AI, energy, and life sciences.
