IU141 -Software & Solutions Developer of CCTV Management & Controls Systems
Advert ref: #3829
Category: Tech and Media
Location: England -> Yorkshire & Humberside -> West Yorkshire -> Leeds
Category: Tech and Media
Location: England -> Yorkshire & Humberside -> West Yorkshire -> Leeds
Business for sale
Asking Price:
£400,000
Turnover:
£305,000
Annual profit:
£84,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This is a good opportunity to aquire a well established and successful privately owned company specialising in software development and associated technology integration. The company is focussed on the UK public space CCTV market.Although mature, the UK market is growing fast, being driven by far reaching technological changes - in particular the move away from anaologue equipment to I.P. based technologies.
The company has a strong commercial proposition and encourages clients to extend the useful life of exisiting analogue equipment by integrating with new technologies using its application integration platform. This software has a number of unique features – and allows clients to be completely “hardware agnostic” – as opposed to locking the client into an end to end proprietory technology solution.
Despite being a small player in their chosen market, awareness of the company brand and products within this market is high. The company has around 100 blue chip clients – mainly local authorities – and most subscribe to an annually renewable support contract with the company. The company writes the software solutions, integrtaes the hardware chosen by the client, installs the solution, provides on going training and technical support to the client.
Employee details
Fulltime staff:
4
Parttime staff:
0
