5. CDW
Revenue: £1.13bn
CDW UK, a subsidiary of the global IT solutions provider CDW, ranks fifth in the CRN 2024 Top VARs list, with a reported revenue of £1.13 billion, reflecting a 13 per cent drop from the previous year. This reduction was primarily driven by what the reseller dubbed a “challenging trading environment”, alongside the increased impact of recognizing revenue on costs.
Operating profit also dipped 6.4 per cent or £4.7m. The company aims to maintain its competitive edge by enhancing its managed services offerings, improving product supply response times, and leveraging existing customer relationships .
Established in the UK through the 2014 acquisition of Kelway, CDW UK has grown significantly, with over 1,600 staff across locations in London, Peterborough, Manchester, and Nottingham . The company offers a broad range of IT solutions, including hardware, software, and managed services, catering to both public and private sector clients . In the second quarter of 2024, CDW UK reported a 24 per cent increase in net sales, amounting to $742m, with balanced growth across public and commercial sectors.
Despite a slight dip in its ranking, CDW UK continues to be a significant player in the UK IT solutions market. The company's strategic focus on expanding managed services and enhancing customer service positions it well to navigate the competitive landscape and sustain its growth trajectory.