Overview
Description
The company develops bespoke CMS-driven websites and apps, specialising in the creation of e-commerce solutions that integrate with back-office systems. Its services include the creation of digital platforms / engines, smart card portals and websites, as well as ongoing hosting and support.
The company has catered primarily to the transport sector in recent years, with its knowledge of ticketing, and expertise in integrating and aggregating third-party data for passenger travel, enabling it to derive a high volume of repeat business from a blue-chip client base.
The Shareholders are offering the company for sale due to the retirement plans of the Managing Director. Offers invited.
Key Highlights
– All clients provide regular, repeat business, with circa 30% of the company’s revenue derived from annual hosting and support contracts.
– Extensive library of in-house resources, software modules and code.
– Experienced second-tier management team in place.
– Knowledgable workforce experienced in agile deployment.
– Operates from leasehold premises.
– Considerable scope for growth within current sector, which could be achieved through recruitment or increased marketing activity.
Financial Highlights
– YE23 turnover of £1m, with an adjusted EBITDA of £270k.
– Pipeline of future work valued at £1m
– Annual support contracts valued at £346k
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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