Overview
The company provides flexible translation solutions for a wide range of common and rare language pairs across the globe, catering for over 500 languages.
The business offers full-cycle project management services of translation projects, from technical consultancy to recruitment, project processing, delivery, and invoicing.
The company benefits from a variety of choices in terms of suppliers and rates, allowing it to offer the most competitive prices whilst still enjoying high profit margins.
Our client is offering the business for sale to focus on other commitments.
Offers in region of £750,000 invited; asking price subject to negotiation.
Key Highlights
- Service offering includes human translation, editing and proofreading, machine translation, quality assurance, transcription, subtitling and interpreting.
- Currently works with 21 active clients, and serves many of the leading LSPs, worldwide.
- Operates in a wide range of sectors, such as linguistics, IT, retail, marketing and legal.
- Strong and proficient team in place.
- Operates from leasehold virtual offices.
- Scope for the company to encourage business growth via the introduction of additional services, such as language consulting, language training and multilingual SEO.
Financial Highlights
- Turnover in excess of £441k in YE22, with an adjusted EBITDA of £88k.
- Gross profit margin averaging 46%.
- Recently gained five new projects, with an expected total value of circa £460k.
- Recently completed a project worth £40k, and has numerous ad-hoc tasks in place with a value of circa £20k.
- Benefits from numerous permanent contracts with a group of LSPs wich attributes to 90% of the company’s overall turnover.
