The company offers the design, development, licensing, hosting, support, and maintenance of innovative vehicle delivery and storage software and driver applications for the automotive logistics industry internationally.
The Directors are now seeking a partial sale and investment, to accelerate HNF’s continued growth and to enable the further development of new and existing software products.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
- Award-winning company with 131 repeat clients in place.
- Has completed over 50 different vehicle manufacturer links to its software.
- Extensive marketing plan in place to increase storage and transportation software users over the next two years, taking revenue to £750k per annum, with potential for newly launched software product to net £1.5m in the same time frame.
- Operates in the UK, Europe, and the USA with vast international opportunities identified within growing markets in North America, Europe, and the Asia Pacific regions.
- Strong, knowledgeable software development team in place, with the company experiencing a high staff retention rate.
- Owns all of the IP of the in-house developed software.
- Operates from leasehold premises that could easily be relocated.
Financial Highlights
- Turnover of £590k in YE22.
- Major contracts in place valued in excess of £480k
