88. Nine Telecom

Key points

Revenue: £43.7m (-6%)

Net profit: -1.9%

Staff: 107

This Gloucestershire-based telecoms provider sells direct to customers and through resellers. With its 2017 results overdue, we've annualised old accounts covering an extended 18-month period to 30 June 2016, which showed revenues of £65.6m, compared with £46.7m for the previous 12 months. It also slipped to a £1.3m net loss. But Nine said it "maintained strong sales" during the period as it pointed to its write-off of a bad debt as one reason for its profit woes.