Yorkshire-based VAR Concorde IT Group has breached the £10m turnover barrier on the back of a surge in new business wins.
The NetApp, Cisco, VMware, Lenovo and Microsoft partner saw turnover for the 12 months ending 31 December 2015 rise 17 per cent to £10.15m.
Gross profit and net operating also powered up 33 per cent to £292,000 and 43 per cent to £235,000, respectively.
Group sales director Matthew Wood said the numbers were boosted by new business wins.
"This is only the start for us," he said. "We believe there is a great opportunity to at least double our business in the next three to five years."
Based in Ossett in West Yorkshire, Concorde splits its business into three areas: IT support and managed services; product supply; and solutions and consultancy.
Concorde made five acquisitions at the turn of the last decade but Wood said the emphasis now is on organic growth.
"In the short-term we are focused on organic growth but we wouldn't rule out acquisitions in the future," he said.
"Looking at the market, we believe there is a huge opportunity for our business to grow between £10m and £50m. There aren't that many resellers that can offer nationwide support to the breadth and depth we can."
Automation firms UiPath and Automation Anywhere close out their funding rounds with $265m and $300m respectively
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