Overview

Project Peridot creates digital health solutions and complementary consultancy services, which enables patients to manage their health and wellbeing via two primary products, which include a patient app and a patient management system.

Built by the company’s in-house team, the software is robust, safe and flexible to meet the ever-changing health, wellbeing and social care provider needs.

An array of consultancy services are also provided by the business to complement its IP.

Our clients are now offering a 50%+ share sale to secure additional investment and achieve rapid growth.

Offers invited.

Key Highlights

– Includes an array of modules, such as social prescribing services, lifestyle services, referral management, communication management, volunteering, reporting and holistic assessment.

– Predominantly works with NHS clients, local authorities and private care groups.

– Currently benefits from five primary active clients, all of whom provide reliable streams of ongoing revenue.

– Strong and efficient second-tier management team in place.
Operates from leasehold office premises, however, working remotely is the company’s current model of expansion.

– Modules can be adapted for other sectors not yet entered such as MSK services and wellbeing services provided by higher education academic institutions.

Financial Highlights

– Turnover in excess of £1m in YE23.

– Gross profit margin of 89%.

– 72% of income is derived from ongoing streams of reliable revenue.

– With several contracts currently in place, the company has a forward order book value of £3.1m, with some contracts ongoing until 2029.