25 Phoenix Software
Revenue: £152.4m (+17%)
Net profit margin: 2.7% Staff: 182
This York-based public sector licensing specialist said it made investments in specialist staff to bolster its ability to deliver and win cloud-based opportunities in its year to 28 February 2019. Revenues hit £152.4m, compared with £160m for the previous 15-month period - an 11 per cent jump on a pro-rated basis. Phoenix sold up to rival Bytes Technology Group last year, but will continue to operate separately according to group CEO Neil Murphy.