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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Acquisitive IT group used by Boohoo and King's College London cuts losses

Boohoo

An acquisitive IT and communications company, which works with the likes of Boohoo, Mills & Reeve and King's College London, cut its losses during its latest financial year which its CEO hailed as "another period of significant progress".

Warrington-headquartered CloudCoCo has posted pre-tax losses of £2m for the 12 months to September 30, 2021, down from £2.9m in the prior year.

The company's revenue also increased from £7.9m to £8.1m over the same period.

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