100 Grey Matter

Key points

Revenue: £41.6m (+9%)

Net profit: 1.8% Staff: 107

Devon now has two representatives in Top VARs after a nine per cent annual revenue bulge at this software licensing specialist thrust it into the top 100. Based in picturesque Ashburton, Grey Matter saw net profits dip from £905,000 to £749,000 in its year to 30 June 2018 as it bedded down a new back-office system. A Microsoft Direct and Indirect Cloud Solution Provider, Grey Matter claims to work with over 300 software publishers.