11. boxxe

Revenue: £460m

York-based boxxe entered 2024 on the front foot, sealing its acquisition of Total Computers just over a year after CEO Phil Doye first invested in the business. The move marks a strategic shift from pure organic growth to targeted expansion—aimed squarely at increasing financial firepower and market access.

“The Total business has always had strong customer relationships, but their ability to scale was sometimes limited by perceived financial risk,” said Doye. “Being part of the boxxe group, that issue goes away. We transact some of the largest deals across the public sector, and our financial strength gives our customers the confidence to really commit to our relationship.”

For boxxe, it’s about synergy—not just size. The combined entity gains a broader customer base, a more diversified technology portfolio, and the capacity to compete for major contracts previously out of reach. And with demand for IT services holding strong despite economic uncertainty, the firm is doubling down on its positioning as a transformation partner that helps clients drive efficiencies, growth and resilience.

Internally, boxxe is acutely aware that talent is as critical as technology. With skill shortages in key areas like cyber and cloud, and inflation pushing wage expectations ever higher, the company has introduced a blend of short- and long-term incentives, flexible working arrangements, and a sustained focus on employee wellbeing to attract and retain top talent.

Its operational risk management has come to the fore during a challenging year. Boxxe continues to review its cost base to ensure it runs lean and efficiently—particularly as supply chain disruption, rising energy prices and geopolitical tensions remain on the radar.

On the tech front, cyber resilience remains front and centre. With ISO 27001 and Cyber Essentials Plus certifications, continuous employee training and a CISO-led security strategy, boxxe has built strong defences against a rising tide of cyber threats. Infrastructure upgrades and enhanced monitoring are helping the company adapt to an evolving hybrid work model—without compromising compliance or control.