87% Micro
11% Small
1% Large
1% Mid
0% Mega
INSIGHTS - APRIL 2024
UK Computer Programming Industry
UK Computer Programming Industry Information
The IT industry includes the writing, modifying, testing and supporting of software, designing systems, integrating hardware, software and communications, operation of data processing facilities and other professional and technical activities.
Active Businesses
207,355
Annual Sales
£221bn +
Employees
1,029,721
Economic Contribution
£97bn
Tags
Location of Computer Programming Companies
Computer Programming Companies by Size
Largest Computer Programming Companies
Turnover
Cisco International Limited
£11.2bn
Cognizant Worldwide Limited
£11.1bn
Microsoft Limited
£8.4bn
Dell Corporation Limited
£3.5bn
Computer Programming Companies by Age
33% Young
30% Established
24% Startup
13% Mature
0% New
Fastest Growing Computer Programming Companies
39% Declining
18% Healthy
18% Rapid
14% High
11% Low
Fastest Growing Computer Programming Companies
3yr CAGR
Computer Programming Industry Competitive Environment - New Entrants vs Leavers
Computer Programming Industry Valuation
EBITDA Multiple
Computer Programming Industry Valuation
Turnover Multiple
Computer Programming Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Computer programming, consultancy and related activities Industry Insights
There are 207,355 active Businesses in the UK with combined annual sales of £221 billion .
The Industry employs around 1,029,721 people and contributes £97 billion to the economy.
The most popular location for Computer Programming companies is London with 70,811 and the fewest are located in Northern Ireland with 1,938.
The largest Computer Programming company is Cisco International Limited with a turnover of £11.2bn. 87% of the industry is comprised of Micro companies with only 1% Large companies.
13% of the Computer Programming Industry is made up of 13% Mature but the majority are Young businesses (33%) the oldest company is Ncr Limited founded in 1895.
Computer Programming industry has a number of high growth companies (14%), the fastest growing company is Tiktok Information Technologies Uk Limited with a 3 year growth rate of 375%. Other fast growing companies include Ciklum Operations Uk Limited (348%), Uber Eats Uk Limited (273%) and Electrosonic Group Limited (215%).
The UK Computer Programming Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 12.83x, Turnover multiple of 1.71x and a Net Asset multiple of 2.33x.
