Manufacturer of Sophisticated RFID Tags and Readers

Our clients are open to all types of structured deals, subject to terms.

Offers invited.

Key Highlights

– Is an exclusive UK distributor for a highly regarded brand that offers RFID equipment.

– Works with a range of prestigious clients across the UK, experiencing a high client retention rate.

– Circa 60% of prisons across the UK now utilise the company’s hands-free tagging system.

– Operates from leasehold premises.

– Is planning a large brand awareness campaign via sponsorship that is expected to considerably increase sales in 2024.

– Currently has a new RFID system in development that will provide a new and improved version of the technology to move the company forwards.

Financial Highlights

– Outturn of £850k for YE24 with an adjusted EBITDA of circa £190k.

– Has over £600k worth of potential orders in its current pipeline, whilst existing customers ordering replacement tags is expected to provide up to £700k in revenue in the coming year.