62 Commercial

Doug Woodburn
clock • 1 min read

Revenue: £66.6m (+2%)

Net profit: 0.6%     Staff: 343

This Cheltenham-based managed print, IT managed services and stationary supplier has pivoted during the pandemic, adding PPE to its portfolio and launching two new divisions focused on Workwear and Smart Technologies. Old accounts covering its year to 31 January 2020 show a top line of £66.6m (with managed print and IT infrastructure managed services contributing a respective £5.6m and £10.7m). Revenues in the first 11 months of its fiscal 2021 were 9.2 per cent ahead, it claimed, however.

Covid impact

Despite selling on-premises equipment, Commercial claimed in its accounts that 2020 was shaping up to be its "strongest year to date", adding that it had just snared £13.5m of funding. It harbours a long-term £100m revenue target.

You may also like

Reseller

clock 06 December 2021 • 2 min read

Reseller

clock 06 December 2021 • 2 min read

Reseller

clock 06 December 2021 • 1 min read

Sign up to our newsletter

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

More on Reseller

Version 1 boosts public sector offering with Farsight Consulting acquisition

Version 1 boosts public sector offering with Farsight Consulting acquisition

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

Andrea Gaini
clock 18 April 2024 • 3 min read
Sales and Marketing Awards 2024 Shortlist - OUT TODAY!

Sales and Marketing Awards 2024 Shortlist - OUT TODAY!

Find out who has made the shortlist for the 2024 SMAs

Sara Yirrell
clock 17 April 2024 • 2 min read
Tech veterans acquire Saepio and take helm as co-CEOs to spearhead growth

Tech veterans acquire Saepio and take helm as co-CEOs to spearhead growth

The IT security services provider tells CRN the move aims to turbocharge growth as it announces launch of new managed service

Kelsey Rees
clock 16 April 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