There are currently no Tweets to show.
News & blog
TURNOVER NEARS £250M AT IT FIRM
A Warrington-headquartered IT group has returned to a pre-tax profit and edged turnover towards the £250m mark, with the company already “well ahead” of last year.
VIP (Group) Ltd comprises five subsidiaries – CMS Computers, Ergo Computing UK, VIP Computer Centre UK, VIP Computers BV and VIP Computers LLC. The first three are based in England, with the latter two operating out of The Netherlands and the US respectively.
It employs a workforce of about 230.
For the year to 30 June 2017, VIP (Group) reported turnover of £246m compared to £225m the previous 12 months.
It also made a pre-tax profit of £346,000 having made a loss of £281,000 in 2016.
Individually, the companies within the group generally performed well.
VIP Computer Centre’s turnover was up from £89.7m to £94.8m, while VIP Computers BV was boosted by a sales rise from £106.5m to £127m. VIP Computers LLC posted a healthy increase in sales from £7m to £9m, while Ergo Computing UK’s performance “improved significantly”, although it still reported a loss. However, the group noted that its movement “continues in the right direction”.
Revenue at CMS Computers contracted further from £23.1m to £19.6m, with this being attributed to lower sales volumes and worsening margin as excess stock was liquidated.
Read more here :
21st March 2018NW FIRMS RISK LEAVING £7.2BN OF UNTAPPED GROWTH BEHIND GRANT THORNTON
26th March 2018Redrow plots North West expansion with £360m boost for region’s housing stock