Eureka Solutions ramps up turnover and headcount following revamp of cloud software business
Eureka Solutions, the East Kilbride-based tech firm, has notched up a 15 per cent increase in turnover and expanded its team following a restructuring of its cloud software business.
The company said it had won significant new business in the sport, gaming, clothing and online retail sectors as it revealed that turnover reached £5.25 million in its latest financial year.
Headcount at Eureka Solutions increased from 62 to 72 across the financial year to the end of May. With further growth expected, the firm said it would be stepping up its graduate recruitment programme.
The new divisional structure also gives staff clearer progression paths, bosses noted.
Chief executive David Lindores said: “These are great numbers and reflect a real buzz around our company at the moment. Investment in our people is really paying off.
"We started out the financial year by undertaking a restructure of the company into sepa
rate divisions. The clarity and focus that has given to our teams has been brilliant.
"There’s no doubt that our business has also benefitted from the changes in working practices which came about as a result of the pandemic. Those continue to give us a favourable tailwind.
“However, the main reason we are seeing this growth is down to our employees. They are delivering excellence across sales, client relationships and technical solutions. That is what is bringing in more business.”
Under the new divisional structure, Lindores has oversight of the arm which delivers the business software package Oracle Netsuite. Eureka Solutions lays claim to “one of the largest and most technically proficient” Netsuite teams in the UK.
Among clients to have used the firm to deploy the software are the virtual reality games designer ndreams, St Andrews Links Trust, which has just delivered golf’s 150th Open tournament, and fastgrowing sportswear brand The Gym King.
Meanwhile Gillian Livingstone, Eureka’s chief operating officer, oversees the longest-established area of operations, delivering services related to the accountancy software Sage.