60. NG Bailey IT Services

Key points

Revenue: £60.7m (-20%)

Net profit: -0.7%

Staff: 415

Part of facilities management firm NG Bailey, this networking specialist posted a 20 per cent drop in revenues and a small net loss in its year to 2 March 2018 as it complained of turbulent conditions within the structured cabling market. During the year, the Cisco partner racked up a whopping £1.7m in exceptional costs related to its restructuring efforts, and in addition took a £200,000 bath relating to the liquidation of Carillion.