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Deal Opportunities.co.uk

the UK marketplace for company sales

IT services, storage & networking solutions

Reference
S7267
Turnover
£0.5m to £1m
Sector(s)
Miscellaneous, Professional & financial, Technology
Region(s)
UK Wide, Outside UK
Added
16 October 2020

Business description

The company provides a comprehensive range of network attached storage solutions for an array of businesses, including cloud-based services, hyper-converged infrastructure solutions and virtualisation. 

Works with a strong network of industry partners to deliver high-quality services. 

The shareholders are offering the business for sale to facilitate growth under the impetus of new ownership.

Offers invited.

Highlights

  • Large international client base comprising sectors such as banking, education, construction and defence. 
  • 80% of clients provide repeat custom, demonstrating a wealth of reliable revenue streams. 
  • Proficient Sales Manager in place with extensive industry knowledge. 
  • Operates from leasehold premises, which could be expanded to enhance business capabilities. 
  • Growth is highly achievable through forming further industry connections and approaching prospective clients.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 954 127
2018 (Actual) 1,406 100
2019 (Actual) 701 -14
  • Turnover in excess of £701k.
  • Shareholder funds circa £44k in FY19.

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