The basicsCompany name: Appsense Holdings
What they do: Virtualisation software
The Boss: Charles Sharland
The financialsLatest turnover (£,000): 39,754
Four-year compound sales growth (%): 34
Latest Ebitda (£,000): 3,935
The detailsWarrington-based Appsense is a virtualisation software company: it enables you to access your computer desktop from another computer or mobile. The 500-man company has seen turnover grow from £16.4m to £39.8m in four years with a pre-tax profit of £3.9m. “In the last couple of years, we’ve massively taken advantage of the new world – the world beyond Microsoft,” says chairman Charles Sharland. “Before, it was all about Microsoft laptops. Now it’s smartphones and tablets across multiple operating systems.” Appsense’s virtualisation software works on all computer platforms plus mobile platforms including Android and iOS – “we work on pretty much every device,” says Sharland. Though a British business, the company’s management team is based in the US, where the company makes 50 per cent of its sales. “Our growth will come from expanded geographical coverage but, more importantly, in the expansion of our customer basis as the market progresses to cover a multitude of devices,” he adds. With a client book that includes Motorola, Credit Suisse and Deutsche Bank among others, Appsense is doing things right. In fact, the company has even appeared on Goldman Sachs’ radar, with the investment firm even taking a minority stake in Appsense.
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