Menu

Deal Opportunities.co.uk

the UK marketplace for company sales

Multidisciplinary IT service provider

Reference
S7288
Turnover
£2m to £5m
Sector(s)
Miscellaneous, Service industries, Technology
Region(s)
North East England
Added
22 October 2020

Business description

The company specialises in providing a fully comprehensive service, including: fully managed technical support, installation services, IT security, hardware supply, hosted telephony, cloud solutions, design and planning. It is able to work with clients from the design stages through to support offering.

The company operates in the North East and serves commercial and corporate clients across a diverse range of sectors, including manufacturing, legal and energy. It can accommodate for any size of business in need of IT services.

Our clients are offering the company for sale to facilitate growth under the impetus of new ownership. They would be willing to remain for a handover period, subject to negotiation.

Offers invited.

Highlights

  • Established in 2006, the company has quickly grown to generating turnover of over £2m. 
  • Serves 409 active clients. 
  • Highly experienced team of 29 employees in place. 
  • Partner of several schemes, including Acronis, Altaro Silver, MSP, Cyber Essentials Certification, Sophos Certified MSP, HP and VMWare. 
  • Operates from 6,100 sq ft freehold premises, which our clients are flexible as to their inclusion. 
  • Opportunity for growth through increasing current marketing activities, with plans in place to improve current service offering.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 1,379 337
2018 (Actual) 2,013 479
2019 (Actual) 2,356 415
2020 (Actual) 2,667 413
2021 (Forecast) 3,144 730
  • FY20 turnover of £2.6m with an adjusted EBITDA of £413k.
  • FY21 annualised turnover of £3.1m. 
  • Gross profit increasing annually, from £1.16m for FY18 to £1.25m for FY19.
  • Shareholder funds increasing annually.

Contacting the person who posted this opportunity

All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.

All the information available to us for this opportunity is shown above. We do not have any additional information.

Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.

You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.

Register Log in now Get their contact details without logging in

Log in

Forgot your password? | Don't have an account? Register here

Please submit your contact details

Once submitted, an automated email will be sent to you giving you the full contact details of the person responsible for this opportunity. This is entirely free of charge.

Your contact details:

Businesses for sale