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Deal Opportunities.co.uk

the UK marketplace for company sales

IT managed services

Reference
S12128
Turnover
£1m to £2m
Sector(s)
Business services, Technology
Region(s)
UK Wide
Added
29 November 2024

Business description

The business specialises in providing in providing a range of client-focused, proactive IT services, including backup and disaster recovery, cloud services, hosted VoIP, cybersecurity solutions, and website hosting.

Operating on a B2B basis across the UK, the company provides its services to organisations covering a diverse range of sectors, including property management, professional services, and marketing.
The business is ideally placed to facilitate further expansion due to its strong industry reputation and plethora of contracted agreements with multiple notable organisations.
The company is now being offered for sale to facilitate growth under the impetus of new ownership and expertise.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.

Highlights

  • 70% of overall turnover generated from contracted agreements. 
  • Operates from leasehold premises. 
  • Benefits from over 300 active clients, 90% of which provide repeat business.
  • ISO 9001 and 27001 accredited.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 845 229
2021 (Actual) 836 272
2022 (Actual) 1,280 282
2023 (Actual) 1,802 382
2024 (Actual) 1,623 375
  • YE25 4-month management figures show a turnover of £691k. 
  • YE24 turnover of £1.6m, with an adjusted EBITDA of circa £376,000. 
  • YE23 turnover of £1.8m, with an adjusted EBITDA of £383,000. 
  • Increase in turnover of 113% between YE20 and YE23. 
  • Increase in adjusted EBITDA of 66% between YE20 and YE23. 
  • Shareholder funds of circa £383,000 in YE23.

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