Business Offered For Sale: Reseller of Computer Hardware to UK and International Corporate Customers (“the Company”)

Sector
Turnover
Location
Computer Hardware £5,996,276 UK and Overseas

Business Offered For Sale: Reseller of Computer Hardware to UK and International Corporate Customers (“the Company”)

 

Business Opportunity:

An opportunity exists to purchase the business and assets of a UK and international reseller of computer hardware to UK and international medium to large corporate customers .

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.

 

Business Overview:

  • UK parent company with international subsidiaries in Europe and Worldwide
  • Resell laptops from major OEMs such as HP, Dell, Apple, and supporting peripherals and software
  • Customers are medium to large corporate clients both in the UK and overseas including amongst others, one of the world’s largest and fastest growing Fintech’s.
  • Established business with excellent reputation
  • Excellent customer relationships

 

Financial Information:

  Full Year Accounts to 31/12/23 (Draft)

(£)

 Full Year Accounts to 31/12/22

(£)
Turnover 5,996,276 4,983,218
Gross Profit 979,847 615,449
Net Profit/(Loss) 10,778 (334,324)

Including global subsidiaries full year 31/12/23 Turnover was £10m + generating Gross Profit in excess of £1.5m

 

Assets Available for Sale:

  • Established business
  • Outstanding customer relationships with leading medium and large corporate clients
  • Significant international sales reach and multijurisdictional customer relationships. Largest client under contract for another year with early renewal discussions due to commence soon
  • Owned IT equipment
  • Dedicated international workforce
  • Goodwill

 

Location:

UK and Overseas

 

Deadline for Offers:

Indicative offers no later than 12 noon on 11th April 2024 all offers to be supported by proof of funds.

 

Further Information:

For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 359 4633.