Overview
Description
Achieved turnover of circa £700k in YE23. The business has £3m of secured work in the pipeline. £13 million of investment in the technology portfolio through acquisition and organic growth. The company has organically designed and developed an innovative range of hardware and software modules/solutions suited for use in a wide range of industries, and building up an extensive intellectual property (IP) and intellectual capital (IC) portfolio that will accelerate its continued expansion. Widely regarded as a pioneer in its core technology and operational industries, the company has invested in the development of a comprehensive range of specialist capability, including semiconductor radiation detectors supported by modular electronics and software solutions, and continually enhances its offering to meet its clients’ evolving requirements. Having established the viability of its technology portfolio, international marketing skills and its sales connections globally, and secured a strong pipeline for the coming years, the shareholders are now offering the company for sale to accelerate its expansion and support its growth into new markets. Operates on an international basis, with a particularly prevalent presence in Asia, North America, and maintains strong, direct relationships with clients, several of which have remained in place for over ten years. Operates from leasehold premises with state-of-the-art laboratory facilities and ample scope for further expansion.
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