Softcat shoots past the £300m revenue mark
Marlow, UK, 31 July 2012 – Softcat’s turnover has reached £300m, just as its financial year draws to a close. Its impressive rate of growth shows no sign of abating: it was just one year ago that the IT provider burst through the £200m revenue barrier with a full-year turnover figure of £219m.
The company has been recruiting heavily to ensure it can keep ahead of customer demand. Its headcount has doubled to almost 450 staff in the last two years and is expected to reach 500 within the next few months. It is currently planning its move to a new head office in Marlow, Buckinghamshire, to help support its expansion.
Softcat, which has been profitable since inception, attributes its growth and increasing market share to its ability to attract and retain talented, hard-working employees. In October 2010 it chose to open an office in London, reasoning that the capital would be one of the best places to recruit, given that so many bright graduates choose to live there. Softcat also has a substantial office in Manchester with over 100 employees, which is the primary location for its rapidly growing public sector team.
“In the next financial year we will continue to focus our energy on our employees and customers,” said Martin Hellawell, Softcat’s managing director. “It is the hard work of the Softcat team and positive attitude towards our customers that will drive us towards our next big revenue milestone, and the one after that.”
He added: “As well as celebrating yet another successful year, at the end of this month we will say farewell to our chairman Peter Kelly, who is retiring. We will miss his energetic personality and stay true to the vision on which our company was founded.”
Softcat appeared on both the UK’s and Europe’s Best Workplaces lists, compiled by Great Place to Work, this year. It aims to recruit over 200 new employees in the next 12 months, and invites talented individuals interested in applying for sales, account management and support positions to visit its website and call 01628 403 408 for more information.
For more information please contact:
Robert Hayward
Resonates SLM Ltd
Tel: +44 (0) 1635 898 362
softcat@resonates.com
www.resonates.com
About Softcat
Softcat (www.softcat.com) is a leading provider of software licensing, hardware, security and related IT services. Softcat, founded in 1993 by chairman and majority shareholder Peter Kelly, remains privately owned and currently employs more than 400 people. It achieved a turnover in excess of £200 million in its last financial year and has been profitable since inception, resulting in a strong balance sheet and very firm financial foundations.
The company sells and supports products and solutions from all the world's leading IT companies. On all its portfolio products and solutions it offers a full range of services, including advice and guidance, technical design, product sourcing, implementation, support and project management. It enjoys a trading relationship with over 2,000 longstanding customers, predominantly from the UK corporate sector but also including large enterprises, small businesses and public sector organisations.
As an organisation Softcat cares passionately about two things – outstanding employee satisfaction and world-class customer service. It believes the former drives the latter.
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