80 European Electronique

Key points

Revenue: £50.8m (+1%)

Net profit margin: 0.6% Staff: 132

This HPE Aruba and Fortinet partner complained of "declining budgets and less demand for complex technology solutions" in its schools stronghold in its year to 31 March 2019. Nevertheless, revenues rose by one per cent thanks to its headway in the higher education, local government, health and SMB sectors. Having grown security revenues by almost 50 per cent in fiscal 2019, the Oxfordshire-based firm now plans to build a SOC.