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Cloud accounting pioneer listed on the prestigious 2013 run-down of the UK’s fastest-growing technology companies

FreeAgent, the UK’s market-leader in online accounting, is celebrating after being named among 2013’s fastest growing technology firms.

The company - which provides an award-winning online accounting system for small businesses and freelancers - featured in 8th place on this year’s prestigious Deloitte Fast 50 list in recognition of its impressive growth over the past five years.

FreeAgent reported a 2128% rise in turnover in the period 2007-2012 to earn its place on the Fast 50 - the annual list that Deloitte publishes of the 50 fastest growing technology companies across the whole of the UK. During the same period, FreeAgent has also grown from a fledgling three-man operation into a thriving business with more than 34,000 customers worldwide and which employs more than 50 people in its Edinburgh HQ and remotely throughout the rest of the country.

Ed Molyneux, CEO and co-founder of FreeAgent, said: “The past few years have been an incredible journey for FreeAgent. When we first started out in 2007, there was just me and my two co-founders involved with running the business. We were former freelancers armed with a vision of providing an intuitive accounting system that would help put sole traders and small business owners back in control of their finances.

“Since then, we’ve been able to build our business successfully to the point where we now have people in more than 80 countries worldwide using FreeAgent. We’re also steadily growing an outstanding team in Edinburgh who have all been instrumental in enabling us to cement our position as the UK’s market-leading online accounting system.

“Being recognised in the Deloitte Fast 50 list is not only a real testament to the hard work of our team, but also reflects the growing number of passionate and loyal customers who are using FreeAgent. We’re thrilled to be named among the 50 fastest-growing technology companies in the UK and we hope to continue our success in the coming years by providing an even better service for all of our users.”

The Fast 50 listing is the latest in a run of accolades that FreeAgent has received in 2013. In recent weeks, the company won the Small Business Accounts and the Expense Management awards at the 2013 AccountingWEB Software Satisfaction Awards - while earlier this year it was also crowned Scottish Digital Technology Company of the Year 2013 at the ScotlandIS Digital Technology Awards.

ENDS


About FreeAgent:

FreeAgent provides the UK’s market-leading online accounting system designed to meet the needs of small businesses and freelancers. More than 34,000 customers worldwide currently use the award-winning system to manage their business accounts, track time, log their expenses, create and send invoices and forecast their tax bills - all done simply without confusing accounting jargon.

Find out more at: www.freeagent.com

For more information, contact:
Michele Bayliss
PR Consultant
Tel: 0777 937 2106
E: michele@michelebaylisspr.fsnet.co.uk

or

Adrian Mather, PR & Social Media Manager
adrian@freeagent.com or call +44 (0)131 543 3163

This press release was distributed by ResponseSource Press Release Wire on behalf of Michele Bayliss PR in the following categories: Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.