Business

Contracts in Britain lift turnover

TURNOVER at Belfast IT firm Novosco grew by 50 per cent last year to £23 million as it increased business in Britain.

The company, which also has offices in Birmingham and Dublin, provides IT infrastructure and now does around a quarter of its business in Britain. It is working on infrastructure for a new £237m building at Alder hey hospital in Liverpool, due to be complete in next year. Meanwhile, it has won a contract to build the IT infrastructure for Bradford College's new £50m headquarters building. Novosco managing director Patrick McAliskey said: "Northern Ireland remains our key market, but the significant opportunities for us to grow are in GB, as well as the republic of Ireland." "We opened a new office in Birmingham in 2012 and this has been a real springboard for increasing our business in England. "As we win more work there, it brings significant benefits to our Belfast headquarters and to our company as a whole."

Novosco grew its turnover from £15m in 2012 to more than £23m in 2013 and now employs almost 90 people.

Already this year, the company has added further significant contracts in Britain, including a multi-year deal with a large housing association in the north of England.

Novosco, which marks 20 years in business this year, was the highest placed Northern Ireland firm in the latest Sunday Times Best small Companies to Work For listing (March 2013), and appeared in the Deloitte Fast 50 2013 for the 14th year in a row - one of only two companies to be in the listing every year since it started in the year 2000. It provides cloud computing and IT infrastructure services, including disaster recovery, managed services and connectivity services, to a wide range of organisations in the public and private sectors.