Revenue: £486.5m (-19%)
Staff: 1,155
To the great acclaim of Wall Street, this global reseller has spent the last two years sacrificing revenue at the altar of higher-margin services via a spate of targeted M&A moves (restyling itself as a ‘solutions integrator’ in the process).
It’s therefore no shock that its main UK subsidiary, Insight Direct, saw revenues slump by nearly a fifth to £486.5m in calendar 2023, even as gross margins widened from 15.4% to 17.6%. Post-year end, it swooped for 45-employee, UK-based consultancy New World Tech in July 2024.
Globally, NASDAQ-listed Insight has continued to post widening profits on a shrinking top line (with net earnings defying an 8% net sales slump by growing 12% to $213m in the first nine months of the year).
Oxygen ice-breaker
Located slap bang in Sheffield’s city centre, a new UK head office opened in April boasts “agile touchdown work areas”, wayfinding signage, and a wellness room.
