77 Digital Space

Doug Woodburn
clock • 1 min read

Revenue: £55m (+25%)

Net profit: -13.9%     Staff: 363

SMB telco sales have plunged from 93 to seven per cent of this Nottinghamshire-based cloud provider's top line since Neil Muller joined as CEO in 2018, he told CRN as he talked through its decision to rebrand from Timico to Digital Space in June. The Horizon Capital-backed outfit's revenues now stand at around £63m (45 per cent of which stem from cloud/hosting 45 per cent from SD-WAN and 10 per cent from cybersecurity), Muller said, although a lack of fresh accounts means we have had to rank it by its £55m calendar 2019 revenues.

Covid impact

In its 2019 accounts, Digital Space said it had "re-budgeted" its 2020 due to Covid, but added that "current trading is slightly ahead" of its lowered targets.

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