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Developer Of Cutting-edge Hidden-human Presence Detection Systems For Sale

UK
Asking Price:
Undisclosed
Turnover:
£200K - £500K
Net Profit:
Undisclosed

The company’s proprietary system stands out in the market for its high rate of accuracy in detecting hidden human presence in vehicles, achieved through 40+ years of research in sound and vibration science.

The business’s innovative system ensures seamless functionality in the presence of significant environmental disturbances commonly found at border checkpoints.

The business has developed its system over the years and integrated many new functionalities, such as automatic number plate recognition capabilities, wireless sensor technology and secure remote communications software.

The company currently offers its services to 16 active clients and benefits from high retention rates, with 60% of clients providing reliable, repeat business on an ongoing basis.

The company’s innovative systems ensures seamless functionality due to its many state-of-the art features, such as being fully wireless and boasting the capability to operate at full capacity for 24 hours without a main power source.

Work pipeline in place, holding a value of circa £1.2m.

Operates from leasehold premises on a flexible contract, which could be terminated at any point.

Has a worldwide outreach, working with clients across a variety of countries, including, the United Arab Emirates, France, Poland, Turkey, Tunisia, and Austria.

The company has invested significant capital in product development during YE22/23. The business is now befitting from this and is expected to have a strong YE24.

This is reflected in the company’s turnover, which forecast to increase substantially in YE24.

Our clients are offering the business for sale to facilitate further growth under the impetus of new ownership.

Offers invited.

Property Information

Property:

Leasehold