Sector |
Turnover |
Location |
|---|---|---|
| IT | £800,000 | UK |
Business Opportunity:
An opportunity exists to purchase the business and assets of a UK based provider of website design and development, web hosting and web optimisation business operating two separate entities covering the north and south regions of England.
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:
- Established business
- Operates across the UK
- Established client base
- Ongoing development and hosting projects
- Goodwill and intellectual property
Financial Information:
Company 1:
|
Year Ending 31/10/2023 (£) |
Year Ending 31/10/2022 (£) |
Year Ending 31/10/2021 (£) |
|
| Turnover |
247,934 |
309,774 |
257,484 |
| Gross Profit |
158,071 |
233,642 |
162,113 |
| Net Profit / (Loss) |
42,689 |
17,411 |
74,957 |
Company 2:
|
Year Ending 31/1/2023 (£) |
Year Ending 31/1/2022 (£) |
Year Ending 31/1/2021 (£) |
|
| Turnover |
551,007 |
399,288 |
345,230 |
| Gross Profit |
300,109 |
224,835 |
106,930 |
| Net Profit / (Loss) |
70,702 |
25,076 |
27,913 |
Assets Available for Sale:
- Limited Chattel Assets
- Work in Progress / Contracts
- Pipeline
- Goodwill & Intellectual Property
Location:
United Kingdom.
Deadline for Offers:
Indicative offers no later than Monday 6th May 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.
Disclaimer: The purpose of this document is to assist the recipient in deciding whether to investigate the possibility of acquiring the business / business assets. It is not intended to form the basis of the acquisition decision. The recipient must make their own investigations and should obtain independent professional advice. The information in this document has not been verified by Middleton Barton Asset Valuations Limited, who do not give, nor have any authority to give any representation or warranty (express or implied) as to its accuracy or completeness. In the event the sale is via an insolvency process, the Joint Administrative Receiver / Administrators act as agents for the Company without personal liability. If you no longer wish to receive information from Middleton Barton Asset Valuation Limited.