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Namesco

names.co.uk
Private
Industry Internet
Founded (1996)
Headquarters Worcester, UK
Key people

Chirag Patel, Director
Sarah Bratchell, Director
Claudio Corbetta, Director
Stephen Ewart, Director

Federico Bronzi, Director
Lorenzo Lepri, Director
Products Internet Services
Number of employees
120 (July 2014)
Website http://www.names.co.uk

Chirag Patel, Director
Sarah Bratchell, Director
Claudio Corbetta, Director
Stephen Ewart, Director

Namesco Ltd (names.co.uk) provides professional online services for individuals and businesses including domain name registration, web hosting, website building tools, email services, ecommerce solutions and a range of managed and unmanaged servers.

Namesco was founded by Richard and Rachel Suthering as a small Internet startup named "Names.co Internet Services Limited" originally based in North East England. In 1997 another Internet startup was founded by Kevin Savage, Jason Smith and John Sewell named Phase8.com "Webcall.com Limited" based in Worcester.

Following the dot com boom, Names.co Internet Services Limited became a Public Limited Company and floated on the London Unlisted Securities Market with a new name of Namesco Internet Plc in 2000. The following year, they acquired Phase8.com "Webcall.com Limited" for the sum of £2,450,000.

Despite acquiring smaller web hosting companies and resellers along the way, including SmartChoiceNet, the "publicly quoted" Namesco struggled to be viable citing the increasingly competitive nature of the domain name and web hosting business, and the additional costs of maintaining listed status as the reasons for a lack of profitability.

In 2002, it was rumoured that Ian Gowrie-Smith, Australian chairman of drug company SkyePharma was planning a reverse takeover of Namesco with the assistance of its chief executive and finance director, David Lees.

Trading of Namesco shares on AIM were suspended on 19 December 2003 prior to the announcement of Gowrie-Smith’s action. A Vietnamese gold mining company, Larchland, was injected into the company in a £19.6million reverse takeover deal that saw the business renamed as Triple Junction PLC. Namesco was hived down into a subsidiary and sold to Womerah Limited.

As a privately owned company, Namesco then had the capital to make new acquisitions as part of their growth strategy. In July 2004, they acquired NamesWeb; a small domain and web hosting business, and on 17 September 2004 they doubled the size of their internet business by acquiring a competitor, the local and profitable Malvern based Simply.com Limited for GBP£2.15M. Simply.com Limited at the time managed 91,000 domain names and 32,000 active customers.

In March 2005, the assets of domain and hosting business Net2 Ltd were acquired followed by the acquisition of broadband business NDO Ltd in July. As NDO also sold domain names, web hosting and dialup internet access, this acquisition allowed Namesco to offer its customers ADSL services.


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