Investment Opportunity in Exciting Software Development House - Leeds, West Yorkshire, United Kingdom

Business description: A fantastic opportunity has arisen to own a shareholding in one of the most cutting edge software development houses in the UK We have a small team but are developing some of the most advanced C# .NET framework applications on the market, using technologies that haven’t even been released by Microsoft yet. Our senior developer and Technical Director, Has just returned from TechEd 2008 as the only UK based MCT (Microsoft certified trainer) asked by Microsoft to represent them as C# expert with delegates attending the show, he is now one of the UK’s most respected C# .NET programmers. We are a Microsoft Gold Partner, and the group comprises of several subsidiary software companies producing a diverse range of software products into niche markets. We are only a few months away from launching our first desktop application; this will replace a product that we are currently licencing from overseas. We have installed over 400 sites in 2 years since we launched the product and currently convert around 25% of enquiries into sales. We also have approximately 30% of the customer database on support with us, producing a good ongoing revenue, with the balance of the 400 clients due to pay upgrade fees over the next 12 to 18 months The big difference will really be evident when we have our own product. We are currently only able to sell into the UK & Irish markets, but we receive 20-30 enquiries a month from overseas, which at the moment we cannot supply. The new product is a million miles away in terms of look and programming technology from the current version and we expect sales conversion rates to increase exponentially. We could continue to fund this via organic growth and are currently completely self funded, but feel with the right investment at this stage in our development, it would give us the ability to really push the new products into the market aggressively and to ramp up the development team to deliver our other new products to market quicker. At the core of all our applications we have a completely revolutionary product which will cut software development times down from years to months. We were going to ‘save this’ for our own developments but effectively this could be the most valuable product we own, and we would like to get the PR machine rolling on this product as soon as possible. We are offering this opportunity as we see instant benefits in getting an investment in to push the company forward quickly, so we need a quick decision with as little to-ing and fro-ing as possible, in 4-6 months we will not need the investment and the price would obviously increase when the product is launched. We will furnish the potential interested party with a full honest and open overview of our company and any information required will be made instantly available If you are interested in receiving an overview of what we’re all about, drop me a line giving me some background information and I will send you a prospectus out in the post first class. Alternatively send me an email with your telephone number and will give you a call back and we can discuss this exciting opportunity initially over the phone. We would ideally like this to go through within 4 weeks.

Years established: 4

Employees: 8

Property :