Sweet taste of success for Grimsby software specialists
Andy Bell, left, and Jason Belcher, directors of Vanilla Solutions.
By Grimsby Telegraph | Posted: 23 May 2018
ONE of the UK’s leading enterprise software specialists increased turnover by almost 50 per cent, leading to record results for 2017.
Grimsby-headquartered Vanilla Solutions, which specialises in IFS Applications consultancy and related technology platforms, reported a rise to £3.5 million from 2016’s £2.4 million. Key growth drivers were expansion in the construction, engineering and offshore markets.
The company saw UK sales increase by 66 per cent in the period and was pleased to report a 23 per cent uplift in sales in mainland Europe. Gross profit remained at the same level as 2016, and profit before tax was 34 per cent.
Jason Belcher, who along with fellow director Andy Bell founded the firm in 2009, uniting their IT experience, said: “Vanilla Solutions has delivered outstanding financial results for the last seven years and continues to grow rapidly by providing our clients with knowledge, clarity and certainty to deliver their operational goals.
“We are delighted to report exceptionally strong growth figures in the UK and pleased that our business in Europe is now also accelerating. Our order book for 2018 is already starting out on the same trajectory and we are forecasting a modest growth as we consolidate our position with our chosen partners and within our key markets.”
2017 witnessed a number of key contract wins. Skanska, one of the world’s leading project development and construction groups, appointed Vanilla as systems integrator, for the roll-out of IFS Applications across the highways business throughout the UK.
EPS Water, an innovative provider of products and services to the utilities and clean technology sectors, selected Vanilla’s Novacura Flow to improve processes and leverage mobile working.
Finally, ALE Heavylift, one of the largest heavy transportation and lifting contractors in the world, selected market-leading data analytics tool Qlik Sense to provide management information to all branch, regional and group teams across the globe.
Employee numbers rose by 30 per cent during the period due to the recruitment of key management and professional posts, with nearly 30 full time staff. Further opportunities are anticipated this year to support continued growth across Grimsby, and a second office in Newcastle.
Jason added: “Recruitment was an important aspect of our business strategy in the last 12 months. We have continued to invest in high-tech talent, only recruiting people who are highly experienced and can deliver our trademark standards of performance, delivery and service.”
Vanilla is one of the leading providers of IFS Applications-related services in Europe and provides consultancy, support and products to the wider ERP market.