A DEVELOPER AND HOST OF ELECTRONIC DOCUMENT MANAGEMENT SOFTWARE AND SAAS

The company’s Microsoft-based software has exceptional user interface and functionality qualities that have been continually developed throughout its time in operation, in accordance with changing client requirements.

Ideal for a buyer looking for an opportunity to enter the Document Management Market with a strong product and outstanding customer references.

The company is now being offered for sale to facilitate retirement plans.

Offers invited.

Key Highlights

– Serves a wide-ranging and diverse client base of circa 230 active clients, all of whom provide repeat business through hosting or maintenance contracts and agreements.

– Highly experienced team in place that can carry out many daily operations with minimal oversight.
Shareholders have offered to provide a negotiable handover period.

– Operates from freehold premises that are included in the sale.
Ideal bolt-on opportunity.

– Continuing to migrate existing clients to the latest software upgrade and cloud platform could considerably increase recurring revenue.

– With additional resources and sales staff, the company could reach a larger audience and expand its client base significantly.

Financial Highlights

– Turnover of £646k in YE24 with an adjusted EBITDA of £122k.

– Forecast turnover of £700k in YE25 with an adjusted EBITDA of circa £104k.

– Strong pipeline of work in place that will generate ongoing annual revenue.

– Premises hold a value of £250k.