2016: No.41 - £95m
2015: No.39 - £90m
Contracts with retailers all over the world continue to make a success of Coventry-based IT consultancy PCMS, which is one of the world’s leading independent suppliers of IT services and software.
PCMS – founded by computer programmer Richard Smith, 66, and his wife Brenda, 67, in 1982 – supplies its retail software to Arcadia, John Lewis, Waitrose, Ann Summers, Camping World, SSP, Waterstones, Marks and Spencer and Poundworld among others. The company also helped drive the UK expansion of North American gourmet doughnut chain Krispy Kreme.
PCMS has its headquarters on the Westwood Business park in Coventry, as well as offices in Huntingdon. Its international reach includes a North American subsidiary in Cincinnati, as well as operations or distributors in Argentina, Mexico, Peru, Italy, Australia, South Africa and around the Pacific Rim. The company is estimated to be worth at least £75 million. The US operation returns around 30 per cent of the company’s total turnover.
The company has racked up awards and in 2014 was highly commended in the Family Business Awards for service excellence and as an employer, and was also ranked as the top software supplier to major retailers.
Richard and Brenda Smith began PCMS in 1982. The company started life supplying business applications, before concentrating on a number of industry sectors including automotive and aftermarket, construction and distribution. In 1993 PCMS was contracted to supply back-office computer systems to the Co-op Group and that proved a turning point for the company. Richard Smith decided to concentrate on retail and it is now, through its specialist retail systems, that it has achieved significant success, with a strong balance sheet and low borrowings.
The company invests in training young people for a career in IT and business and runs flourishing apprentice and graduate trainee schemes.
In June PCMS held a stem cell recruitment day on behalf of Delete Blood Cancer UK.