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We are delighted to outline this opportunity to acquire an established and highly profitable, UK based distributor of spare parts & components to the IT repair industry.
Project Component has an established market position as a specialised, value added distributor in the IT equipment repair, refurbishment and insurance market. The Company distributes a broad range of component parts and spares to insurance repair agents and retailers.
The Company has been consistently profitable, cash generative and has a strong balance sheet with no debt. Revenues and profit margins have been growing rapidly over recent years. There is significant potential for further growth. The Shareholders are seeking buyers for their 100% shareholding in the Company.
The Company is known for its extensive stock holding, technical knowledge, efficient logistics and service levels. As a preferred component supplier to leading IT retailers and insurance repair agents and an ‘open box’ reseller, the Company has a variety of revenue streams.
2018 - Turnover: £3.4m PBT: £410k
2019 - Turnover: £4.3m PBT: £856k (Projected)
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