[London, March 19, 2026] — Codethink were awarded 'Best-Performing Company' in Mid-market IT-Consulting at the 2026 Megabuyte100 awards. We were also unveiled as the 4th best performing mid-market company in the UK tech sector in the Megabuyte50 rankings. This follows our nomination in 2025 for the same award, showcasing our consistency in market performance.
From our Finance and Operations Director Bruce Underhill.
"Codethink are incredibly proud to be recognised for our strong market performance in the Megabuyte50 2026 cohort alongside such a strong group of UK technology companies. Congratulations to all other winners and nominees.
We would like to thank our talented and dedicated team who make the continuing success of the company possible allowing us to deliver meaningful results for our clients. We are sincerely grateful to our clients for their ongoing trust and partnership.”
The Megabuyte View
Codethink is quite a unique company under Megabuyte’s IT Consulting coverage. Leveraging open source tools and platforms, the company’s 100+ software engineers design, build, and test system-level infrastructure for some of the world’s largest brands globally including Tesla, Arm, Morgan Stanley and Jaguar Land Rover. It’s narrow but clear focus and positioning around mission-critical systems has fostered several years of 30%+ organic revenue growth alongside industry-leading gross and EBITDA margins. A focus for the company going forward includes productising some of its open-source safety and security expertise, as well as contributing to the mission of furthering the use of open source tools through evidence-based approaches for evaluating risk. (from The Megabuyte50 Winning Companies Report, IS Research Ltd, 2026)
Read the report in full here:
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About Megabuyte
At Megabuyte, we support UK scale-up and mid-market software & ICT Services companies to develop robust growth strategies, understand their competitive landscape and customer sentiment, benchmark their financial performance and valuation, and identify and track M&A targets. We do this in three main ways – with proprietary insights and data contained in our subscription research service, through a series of packaged consulting services, and with access to our network of some 500 tech sector CEOs through events and our expert network.
www.megabuyte.com
About the Megabuyte50 awards
The Megabuyte50 awards are part of the Megabuyte100 award series which collectively celebrate the 100 best-performing technology companies in the UK.
The Megabuyte50 awards are an independent ranking of the UK’s
best-performing mid-market technology companies as defined by Megabuyte’s proprietary Megabuyte Scorecard benchmarking methodology.
The awards identify and rank the UK’s 50 best-performing mid-market tech companies and, within that universe, recognise individual excellence both within peer groups and overall. Companies are assessed against seven financial criteria including size, growth, margins and cash flow.
About Codethink
Codethink is a world-class provider of critical, high-performance software projects and solutions for international-scale companies in a range of industries including Automotive, Finance, Medical, and IoT. Headquartered in Manchester, UK, Codethink has pioneered software industry thinking around concepts of trustable software, working to improve the quality of software engineering.
Media Contact: press@codethink.co.uk
Other Content
- Codethink Opens Early Access to IEC 61508 Mapping for the Eclipse Trustable Software Framework
- Codethink Limited Announces the Trustable Software Framework Functional Safety Assessment
- Codethink Limited Announces World’s First Baseline Safety Assessment for a Linux-Based OS to SIL 3 / ASIL D
- Codethink Joins Eclipse Foundation/Eclipse SDV Working Group
- Full archive
