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News - Jasper Hart
June 4, 2019
The Scottish dealer is aiming to break the £20m revenue barrier this year
Commsworld has opened its first office in London as the firm expects to break £20m in revenue this financial year.
With the new space the Scottish dealer how has five bases. Four across Edinburgh, Glasgow and Aberdeen. The search is now on for a new account manager for the London office.
The dealer reported over £15m in revenue for the end of December 2017, up from £13m. Profit for the financial year was £581,000 up from £552,000, according to Companies House. It has been in business for over 20 years.
Commsworld chief executive officer Ricky Nicol said: “Having a base in London is fantastic for us and a major step forward in our bid to cement ourselves as a truly UK-wide organisation.
“It’s an incredibly exciting time for our business and this move represents the next step on our journey.”
He added: “We’ve invested millions to ensure our network is market-leading and continually growing and being able to sell and share this from a new base in London is very powerful.
“The move is timed perfectly as this year Commsworld will light up over 2,000,000 metres of fibre in a figure of eight around the UK, making it the largest privately owned Optical Core Network in the UK.”
