Britain's Top 100 Entrepreneurs 2014: No. 9 - Philip Doye, Kelway

The IT entrepreneur is worth £330m.

by Philip Beresford
Last Updated: 24 Oct 2014

Based in London's Docklands, Philip Doye's firm, Kelway, is a rapidly growing IT services provider with offices across the UK and in the United Arab Emirates. The firm sells computer software and hardware, data-centre services and technology training programmes. Backed by Core Venture Capital, which invested £5m in return for a 25% stake in 2006, Kelway is bagging big contracts such as a £150m deal with ATOS concluded in March. This should help Kelway to its aim of achieving sales of £1bn in three years. In 2013-14, Kelway made £13.5m profit on £527m sales. Doye - who began his career selling fax paper aged 21 - and his family have a 54% stake.

Age: 46
Activity: IT services
Wealth: £330m
Latest turnover: £527m
Five-year rise in turnover: 196%
No. of employees: 946
Five-year rise in employment: 166%
Score: 52

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Subscribe

Get your essential reading delivered. Subscribe to Management Today