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Birmingham Post
Birmingham Post
Technology
Tom Houghton

Greater Manchester Tech 50: Godel, K3 and CTS named in numbers 20 to 11 as countdown continues

Godel, K3 and Cloud Technology Solutions (CTS) are next to be named in our Greater Manchester Tech 50 list as the big countdown continues.

Today, EY, BusinessLive and the Manchester Evening News have released numbers 20 to 11 of our list - revealing the city region's biggest players in the tech field.

That's ahead of a special roundtable discussion on Friday - to be attended by a panel of top industry experts.

READ MORE: How we compiled our Greater Manchester Tech 50 list

Building up to the event, we are revealing the Greater Manchester Tech 50 list in five parts. It began on Monday, when Stockport-based wearable dust monitoring device maker Trolex and Bolton-based telecoms specialist Firstcom were named among numbers 50-41.

Then, on Tuesday, we saw a top games developer and prominent cloud firm included in numbers 40 to 31.

On Wednesday, MediaCityUK-based Dock10 - the filming location and post-production site for huge TV shows including Match of the Day - were named in our 30 to 21 list, alongside Covid testing and molecular diagnostics group Yourgene Health.

Sign up for our virtual event here - and subscribe to our emails here to get the rest of the Tech 50 sent straight to your inbox.

As part of the list, each day we will feature comment, analysis and advice from EY's team of experts. Today, it's from Victoria Price, EY UK Private Client Service Leader, and you can read it below.

Our Tech 50 list continues below - with numbers 20 to 11:

20. LADBible Group Ltd

The social media and entertainment publisher founded in 2012 and known for its viral videos is next in our list. Earlier this year, it was reported by Sky News that the publisher plans to float with a £400m valuation.

End date for latest accounts: December 31, 2019

Turnover for latest three years (most recent first): £29,023,000; £20,368,000; £15,333,000

19. Vodat Communications Group [VCG Technology Services Ltd]

A firm bringing together managed IT solutions and managed connectivity, Stockport-based VCG claims to partner with organisations to deliver growth, agility and "best in class" customer experience.

End date for latest accounts: March 31, 2021

Turnover for latest three years (most recent first): £31,150,655; £28,547,309; £24,053,155

18. FourNet Technologies Ltd

FourNet is a Stretford-based provider of cloud and contact centre solutions. Its technology is used by both public and private sector bodies - with Government bodies including 10 Downing Street, the Cabinet Office, Treasury and Food Standards Agency.

End date for latest accounts: June 30, 2020

Turnover for latest three years (most recent first): £31,984,480; £26,506,004; £24,274,930

17. Godel Technologies Ltd

Manchester-headquartered software development company Godel is next in our Tech 50 list. Operating out of Manchester and in various global locations, it reported a record 2019 as revenues soared by 64% - the fifth year in a row where growth exceeded 50%.

End date for latest accounts: December 31, 2019

Turnover for latest three years (most recent first): £35,594,324; £21,710,752; £13,853,124

16. Cloud Technology Solutions Ltd

Manchester-based Cloud Technology Solutions (CTS) claim to be Europe's largest dedicated Google Cloud managed service provider - and employs hundreds of people in the North West, London, Edinburgh and Utrecht. It has worked with organisations including Ladbrokes-Coral Group plc, HomeServe plc, Roadchef and Manchester City Council.

End date for latest accounts: March 31, 2020

Turnover for latest three years (most recent first): £36,674,000; £26,144,000; £18,439,516

15. Euro Options Ltd

Euro Options is a leading European distributor of IT hardware to the continent's top resellers. Based in Rochdale, the firm has a stock inventory of over £8m and has made £700m in sales over 20 years in business.

End date for latest accounts: September 30, 2020

Turnover for latest three years (most recent first): £39,270,320; £45,620,220; £42,274,424

14. K3 Business Technology Group Plc

Listed Salford-based software firm K3 is next in our big countdown, with its turnover dropping below the £50m mark in 2020 after having recorded consecutive years of near-£80m revenues. The firm, which provides business software, cloud solutions and managed services, appointed a new CEO earlier this year.

End date for latest accounts: November 30, 2020

Turnover for latest three years (most recent first): £48,819,000; £78,412,000; £83,335,000

13. CDL Group Holdings Ltd

CDL is a market leader in selling software solutions for high-volume retail insurance operations. Founded in 1977 and based in Stockport, it aims to create cutting-edge technology solutions for the biggest brands.

End date for latest accounts: September 30, 2020

Turnover for latest three years (most recent first): £52,719,656; £52,931,400; £55,777,896

12. M247 Ltd

M247 is a firm offering cloud and hosting network solutions for businesses, with coverage across the UK, Europe and the US. Based in Hulme, it claims to offer one of the most extensive internet exchange footprints in the world connected to key financial hubs from London to Tokyo.

End date for latest accounts: March 31, 2020

Turnover for latest three years (most recent first): £63,727,000; £60,017,000; £54,978,000

11. Domu Brands Ltd

A home, kitchen and garden retailer whose e-commerce sites include VonHaus.com and BTFY.com, Domu just misses out on our Tech 50 top 10. Based in Salford and a former MEN Business Awards winner, Domu earlier this year transitioned to employee ownership following a record financial performance.

End date for latest accounts: June 30, 2020

Turnover for latest three years (most recent first): £76,283,824; £75,981,064; £65,651,496

Following our latest Tech 50 release, Victoria Price, EY UK Private Client Service Leader and UK Partner Sponsor for EY Entrepreneur Of The Year, has discussed the EY Entrepreneur of the Year programme.

She said: "This year, the EY Entrepreneur Of The Year programme, has had more entrants than ever before.

"What’s particularly encouraging, is that entries from digital and tech businesses have risen, contributing fresh and innovative ideas whilst demonstrating relentless drive. The individuals behind all these ambitious businesses often have social purpose sitting at the heart of their goals, ensuring the right culture to drive purposeful growth, together with attracting and retaining the best talent.

"Talk to EY today about how you can enter the 2022 EY Entrepreneur Of The Year programme."

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