18 NTT Ltd

Revenue: £216.3m (-4%)

Net profit: -0.3% Staff: 493

When Japanese telco NTT merged a raft of subsidiary companies (including NTT Communications and Dimension Data) to form an $11bn-revenue global ICT juggernaut in 2019, it named the new entity NTT Ltd and picked London for its headquarters. A lack of consolidated UK accounts means we have had to zone in on the former Dimension Data UK business in this profile. It saw revenues fall four per cent to £216.3m in its year to 31 March 2020. Globally, Cisco Gold partner NTT Ltd employs 40,000 staff in 57 countries.

Covid impact

The pandemic presents both "risks and opportunities" for the business, its UK accounts said, adding that the sales performance in its fiscal 2021 "remains consistent with prior years".