Financials
Softcat is one of the fastest growing IT providers in the UK. We have consistently bucked recent economic trends, seeing our revenues increase by 50% in the last year alone. For the year ended July 2011 we exceeded the £200m revenue milestone for the first time posting total revenue for the year of £219m. We are still optimistic about the coming year, believing we will continue to see strong growth despite the challenging market conditions.
The company will remain prudent with its cost base, and has unlocked substantial efficiency savings across all aspects of the operation enabling us to further increase profitability and build up significant cash reserves. Softcat is a debt free company. We also have a strong balance sheet, achieving a 3A1 credit rating with D&B.
This strong financial position impacts positively on our customers by enabling us to repeatedly invest in developing the business, whilst solid credit ratings ensure continuity of supply for our customers, essential in underpinning long-term partnerships.
We are a private limited company. Peter Kelly, the company's founder and Chairman, is the majority shareholder and over 150 employees of Softcat are shareholders or option holders of the company. We intend to remain private and build on our independence.
Softcat was number 55 in The Sunday Times Profit Track 100 in 2010.
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View Softcat’s audited accounts (PDF).
View Softcat’s Standard Terms of Business (PDF).
View Softcat's 3A1 credit rating with D&B (PDF).