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PRIVACY
Enterprise

Rich List 2015: No.39 - Richard and Brenda Smith

Company that supplies retail software to some of the world's biggest names has remained strong for decades

Richard Smith of PCMS

IT
2015: No.39 £95m
2014: No.33 £95m

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 , in 1982 – supplies its retail software to Unipart, Arcadia, John Lewis, Ann Summers, Bass Pro-Shops, LensCrafters, Waterstones, Marks and Spencer and Smythson of Bond Street among others.

The company also helped drive the º£½ÇÊÓÆµ expansion of North American gourmet doughnut chain Krispy Kreme. PCMS provided the company’s technological infrastructure.

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, Italy, Australia, South Africa and around the Pacific Rim.

The company is estimated to be worth at least £70 million. In 2013 it posted profits of £6.8 million.

The US operation returns around 30 per cent of the company’s total turnover.

Richard and Brenda Smith began PCMS in 1982. It 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.