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Deal Opportunities.co.uk

the UK marketplace for company sales

IT services

Reference
S9104
Turnover
£2m to £5m
Sector(s)
Service industries, Technology
Region(s)
UK Wide, Outside UK
Added
02 August 2022

Business description

Offering exceptional service and response times, the company focuses on the instant deployment of virtualisation solutions, as well as providing a range of complementary services, including hosting, colocation, fully managed services and remote working solutions, for clients throughout the UK and internationally.

The company’s responsive operations and experienced technical support teams are available 24/7 to provide continued support to clients.

As an innovative and disruptive business, the company is ideally positioned to capitalise on new developments within the sector, which would enable it to work closely with clients and assist with their continued expansion.

Our clients are offering the company for sale as they wish to pursue alternative, unrelated ventures.

Offers invited.

Highlights

  • Utilises tier 3 and above data centres to guarantee its hardware, infrastructure and network uptime. 
  • 95% of clients provide reliable, repeat business on an ongoing basis. 
  • Maintains strong, long-standing client relationships, several of which now span over 10 years. 
  • Historically, the company has worked with clients in over 70 different countries. 
  • Operates from leasehold premises. 
  • Potential to establish a dedicated marketing department and recruit highly experienced marketing executives to accelerate further expansion.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 4,228 986
2020 (Actual) 3,759 447
2021 (Actual) 4,222 649
2022 (Forecast) 4,518 777
  • Turnover of £4.2m in YE21 with an adjusted EBITDA of c£650k.
  • YE22 forecast turnover of £4.5m and an adjusted EBITDA of £777k. 
  • Cash generative business with shareholder funds in excess of £1.8m.

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