99. Version 1

clock

Key points

Revenue: £42.4m (+27%)

Net profit margin: 5.7%  Staff: 277

Having only entered the UK in 2013, this acquisitive, Dublin-based Oracle, Microsoft and AWS partner now employs over 500 UK staff in London, Edinburgh, Redditch, Belfast, Kent and Cheshire. UK accounts for the year to 31 December 2018 show net profit rising from £1.5m to £2.4m on revenues that swelled by over a quarter to £42.4m. In March, Version 1 doubled its offshore delivery capability by acquiring the business assets of Bangalore-based consultancy TE4B.

You may also like
Alex Louth unveils new role three months after Logicalis departure

Reseller

The anticipation over where Alex Louth is heading next can now simmer down

clock 13 June 2024 • 1 min read
Partners react to AWS' €7.8bn investment into European sovereign cloud

Vendor

The hyperscaler’s pledge reflects its commitment to meeting Europe’s digital sovereignty needs

clock 21 May 2024 • 4 min read
Version 1 boosts public sector offering with Farsight Consulting acquisition

Reseller

The Irish IT firm has bought UK-based Farsight Consulting, adding €20m revenue and 133 staff

clock 18 April 2024 • 3 min read

Key points

Revenue: £42.4m (+27%)

Net profit margin: 5.7%  Staff: 277

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Reseller

Women and Diversity in Channel Awards 2024 Shortlist: OUT NOW!

Women and Diversity in Channel Awards 2024 Shortlist: OUT NOW!

Congratulations to all the finalists!

CRN
clock 18 July 2024 • 7 min read
SCC welcomes back industry veteran Andy Wright as commercial director

SCC welcomes back industry veteran Andy Wright as commercial director

Solutions provider has also promoted Amy Simpson to revenue operations director

Andrea Gaini
clock 17 July 2024 • 2 min read
UK SMEs increase MSP usage amid economic pressures and AI adoption challenges: research

UK SMEs increase MSP usage amid economic pressures and AI adoption challenges: research

SMEs are increasingly investing in AI initiatives ( up 81 per cent) and relying on MSPs (up 51 per cent), according to new research

Andrea Gaini
clock 16 July 2024 • 2 min read

Highlights

Staff & Salaries 2022

Staff & Salaries 2022

A snapshot of pay and headcount trends in the UK channel

Doug Woodburn
clock 09 March 2022 • 1 min read
Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Stephen Fenby talks to CRN after Midwich’s 2021 results in which profitability exceeded pre-pandemic levels

Josh Budd
clock 08 March 2022 • 3 min read
4 more vendors suspend sales in Russia following Ukraine invasion

4 more vendors suspend sales in Russia following Ukraine invasion

IBM and Microsoft are among a number of vendors which have also announced that they will halt sales in Russia following the invasion of Ukraine.

clock 08 March 2022 • 3 min read