85 Solid Solutions

Doug Woodburn
clock • 1 min read

Revenue: £50.2m (-7%)

Net profit: 16.4%     Staff: 214

This Leamington Spa-based CAD reseller saw its growth - and M&A drive - grind to a halt in calendar 2020 as it pooled efforts behind navigating its way through the pandemic. Revenues slid seven per cent, although net profits widened from £7.4m to £8.2m. Backed by LDC, Solid Solutions claims to account for 80 per cent of Solidworks' UK&I CAD software sales, with 16,000 customers on its books. This June it re-joined the M&A trail, gobbling up Northamptonshire-based Design Rule.

Covid impact

Solid Solutions admitted it leant on the government's furlough scheme last year as certain aspects of its business - including training and consultancy - were hampered by a lack of opportunity to meet physically with customers.  

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