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FY20 turnover of £2.6m with an adjusted EBITDA of £413k. FY21 annualized turnover of £3.25m. Provides fully managed technical support, installation services, IT security, hardware supply, hosted telephony, cloud solutions, design and planning. Serves commercial and corporate clients across a diverse range of sectors, including manufacturing, legal and energy.409 active clients with a 97.3% retention rate through rolling 30-day contracts. Highly experienced team of 29 employees in place. Operates in the North East from freehold premises, which our clients are flexible as to their inclusion. Partner of several schemes, including: Acronis, Altaro Silver, MSP, Cyber Essentials Certification, Sophos Certified MSP, HP and VMWare. The shareholders are offering the business for sale to facilitate growth under the impetus of new ownership. Growth possible through increasing current marketing activities, with plans in place to improve current service offering. Offers invited.
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