Godel clocks up another record year as turnover increases 57% to £21.7 million in FY2018
Godel, the nearshore software development company, has reported a record financial year as annual turnover has reached £21.7 million for the year to December 2018. This is a 57% increase in turnover on FY2017 when revenues reached over £13.8 million. This is the fourth year in a row where growth has been over 50%.
The company was once again ranked as one of the 2018 Hiscox Sunday Times Tech Track companies, a Deloitte Fast 500 company, the best performing company at the Megabuyte Emerging Stars Awards and was ranked 29th of 100 companies at the Northern Tech Awards. Neil McMurdo was recently appointed as the company’s managing director to continue its path of growth, whilst Neil Turvin took up the role of executive chairman.
“The company goes from strength to strength and has won some extremely high-profile clients in 2018 including Voiteq, AccessPay, SecretSales, MVF, Utilitywise and comparison site, Comparethemarket.com – whilst our existing clients have also been scaling their requirements with us,” explains Neil McMurdo, MD, Godel.
“Godel works in partnership with these brands to share knowledge, experience and software engineering skills from its nearshored development centres of excellence in Belarus.
“There remains a shortage of experienced, senior software developers in the UK – those that do exist are fought over and can often name their price in the job market, pricing them out of the labour market for many fast-growing companies. Godel helps them deliver the engineering skills required to scale rapidly in line with customer requirements and maintain their growth.”
In 2018 Godel also opened another centre of excellence in Gomel, Belarus bringing the company’s employee total to around 800 people across six offices in a total of five locations.
Off the back of its success, Godel has once again donated to the Chernobyl Children Charity and recently announced that it has become a founder patron of the East Manchester Youth Zone supporting Manchester’s young people to lead healthier, happier, more aspirational lives.