89. Commercial Ltd.

Revenue: £51.1m (-26%)

Staff: N/A

Cheltenham-based Commercial Ltd saw revenues slump 26 per cent in its most recent set of accounts.

It did deliver a profit increase to £1.5m, however, and branded its performance 'satisfactory'.

Unsurprisingly, the IT outfit cited economic challenges and strong competition from other providers of IT services as key factors affecting performance during 2022/2023.