The company is a software house that develops and implements automation solutions for a range of third-party applications, a large percentage of which are currently being driven using speech recognition within the NHS.
Priding itself on its innovative approach, the company utilises its proprietary scripting language to control third-party applications without an API, developing scripted integrations that intelligently interface with a range of software systems, primarily within NHS departments. As such, the company has developed long-standing relationships with a number of NHS Trusts across the UK.
The business is now being offered for sale to facilitate the Shareholders’ retirement plans.
Offers invited.
Key Highlights
- Has established a strong, repeat client base to which the company provides software licensing and annual maintenance services on a contractual basis.
- 48 active clients, with many relationships spanning more than 10 years.
- Shareholders are in the process of training existing employees to take over their responsibilities post-sale, providing a new owner with a turnkey acquisition.
- Operates from easily relocatable leasehold office premises.
- Software products could easily be applied to automate repetitive tasks in any market that would benefit from varying degrees of workflow automation.
- Penetration into the company’s current primary target sector is under 50%, providing ample scope to sell further systems into the NHS departments that do not use the product across the UK.
Financial Highlights
- Generated a turnover of £427k in YE25, with an adjusted EBITDA of £159k.
- Both turnover and adjusted EBITDA have experienced overall growth between YE22 and YE25, increasing by 54% and 137% respectively.
- 50% of revenue is derived from ongoing maintenance agreements.
