51. Technoworld

Doug Woodburn
clock • 1 min read

Revenue: £84.4m (+65%)

Net profit: 8.7%     Staff: 24

A 65 per cent revenue uplift in its year to 30 September 2020 makes this e-tailer one of the fastest-growing companies in this report, while its net profits more than trebled to £7.3m. The Lenovo Platinum and HP Amplify Power partner - which specialises in cheap laptops, desktops and Chromebooks - rolled out a "vastly improved" website in early 2020 and stressed that it had sufficient stock levels on hand throughout the pandemic. Technoworld claims to have shipped 10 million products since it was founded in 1995.

Covid impact

Technoworld didn't say much about Covid in its business review, but will have benefitted like all e-tailers from last year's boom in demand for remote working kit.

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