ACQUISITION OPPORTUNITY – PROJECT CONNECT
Fourth generation professional auctioneers and valuers
We are inviting offers for the business and assets of an established UK based software product company, that is focused on producing innovative and transformational large-scale software solutions to manage complex Networks, IT infrastructure and Services for Telecoms Operators & CSP’s, Smart Energy IoT, Large Enterprise and Government Infrastructure project via its inhouse developed software. The Company has a team that specialises in Software Development, that incorporates its own automated testing framework. The Company also has ISO 9001 certification.
Overview
- Based in Whistable, Kent
- Has provided its services to large enterprises and Government infrastructure projects
- Established in 1995
- Currently employs 8 staff, and has 3 directors
- Operating from a leasehold premises
- The Company offers a bespoke digital integration platform on which it provides proven and comprehensive operational real-time analytics focused solutions to its clients
- ISO 9001 Certification
- ISO 27001 Recertification pending
Financial Information
| PERIOD ENDED | UNAUDITED ACCOUNTS 30/09/2023 | UNAUDITED ACCOUNTS 30/09/2022 | |
| Turnover | 1,966,786 | 1,862,482 | |
| Gross Profit | 874,808 | 770,792 | |
| Gross Profit % | 44.48% | 41.39% | |
| Statement of Financial Position | |||
| Fixed Assets | 4,048,659 | 4,043,228 | |
| Current Assets | 669,513 | 843,840 | |
| Net Assets | 2,135,869 | 2,401,858 | |
Expressions of Interest
Offers are to be submitted by 5pm on Friday 29th November 2024.
An early sale of the business and assets is being sought and prospective purchasers requiring further information are requested in the first instance to register their interest with JPS Chartered Surveyors as soon as possible, the contact details of whom are noted below:
Mark Isaacs
Worth House, Unit 32, Stanley Road, Whitefield, Manchester, M45 8QX
Tel: 0161 767 8001
Email: mark.i@JPSsurveyors.co.uk