In the early 1990s, university drop-out Peter Kelly founded a software company in his shed. That company, which Kelly started with £35,000, is now worth £3.9 billion. Kelly, 63, owns about a third of its shares — so is a billionaire.
Software Catalogue, as it was called back then, is now Softcat, a FTSE 250 provider of IT infrastructure and software that listed on the London Stock Exchange in 2015. Its business model goes like this: when companies need to upgrade computers and software, Softcat provides the goods. It is a big reseller for Apple and Microsoft, and adds on additional products such as cloud services and cybersecurity — which have become an increasing focus as employees have been forced to work remotely. It has