Services supplier Commsworld shrugs off inflationary strain
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'That is because we continue to focus on Commsworld's strengths – delivering high-quality, flexible, robust and resilient services to our customers – while also achieving financial stability through our bigger, longer-term contracts with local authorities across the UK," he said.
'Future challenges include helping businesses and organisations through the Public Switched Telephone Network shutdown, ensuring the withdrawal is managed in the best possible way to guarantee a smooth transition and minimal disruption."
Revenue rose to £36.9m in 2024 from £36.5m the previous year, while pre-tax profits rose by £100,000 to £4.7m.
During the year Commsworld also completed construction of Northumberland County Council's core network build, replacing its WAN and laying 262km of new full-fibre infrastructure serving employees in 150 council sites. Another highlight was the upgrading of connectivity in 42 schools in and around Dundee as part of a £2.6m contract over 10 years with the local council.
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Founded in 1994, Edinburgh-based Commsworld employs 140 people serving customers from the public and private sector. Other councils on the company's client roll include [[Edinburgh]], North Lanarkshire, Renfrewshire and the Scottish Borders.
Mr Langmead said the results for 2024 were broadly in line with the board's expectations.
"Our primary aim as a company is to continue to grow and evolve, win more big contracts and set the standard through our optical core network so we can grow throughout the whole of the UK, especially in remote areas of the country desperately in need of better connectivity," he added.
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