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GRC International Group Plc


Description of business:
GRC International Group plc is the holding company for a group of companies providing a range of products and services to address the IT governance, risk management and compliance requirements of organisations, enabling them to meet the commercial requirement and regulatory standards that are now in force, or are coming into force, in these areas. For example, the European GDPR applies from 25 May 2018 and its scope could include all organisations anywhere in the world providing services into the EU. The Group operates a one-stop shop that helps customers source, deploy and/or integrate an appropriate mix of solutions that focus on cyber security and cyber resilience, data protection, the PCI DSS, penetration testing, compliance with management systems standards such as ISO 27001 and ISO 22301, and achievement of Cyber Essentials certification. The Group began trading as an online publisher of books and documentation toolkits for IT governance and information security in 2005. Since then it has expanded into providing training courses, consultancy services, online e-learning, software, security testing and certification services. In the year ended 31 March 2017, 19 per cent. of the Group's revenues were from outside the UK. The Group intends to expand sales outside the UK and already has a subsidiary in Ireland (through which it now channels all its non-UK business in the rest of the EU) and has recently incorporated a subsidiary in the US and entered into an office lease in New York. The Group is seeking admission to AIM in order to raise new equity to accelerate its organic growth and allow it to fund potential acquisitions. The Directors also believe that Admission will help to raise the Group's profile with potential customers and help with the recruitment and retention of staff.

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GRC International Group Plc

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