Asking price: Undisclosed

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Key Points:
PC manufacture, supply and service
Sold free of liabilities
Development of ecommerce applications
Extensive customer databases
Managing Director retainable
Relocation expected although leasehold available
£1,200,000 transferrable tax losses

Business Activities:
This business was formed some 20 years ago and was a leading manufacturer and supplier of quality PC systems to both commercial and domestic customer bases. In its peak, this business had a turnover of in excess of £8M and a production facility employing 50 assembly line workers.

The business gained an enviable reputation in the supply, delivery and installation of IT systems to the public sector including; universities, the MOD, central government bodies and H.M Customs & Excise. Other major clients include large national blue-chip companies such as BP, BA, Fuji and many more.

With the restructuring of PC manufacturing in the UK, the business changed its focus to the development and licensing of ecommerce applications and has a number of in-house designed applications with attractive registered domain names. These applications have a range of uses although are based upon the delivery of products or services through the use of combinatorial statistics.

More recently the business has experienced a significant down-turn in its activities and has such accumulated significant tax losses. These transferrable losses will be of benefit to any profitable purchasing party. This opportunity is expected to generate strong interest from competitive businesses operating in the parameters of UK SIC Codes of 3002 or 7221.

The managing director is available post-completion to assist with a smooth handover and can be retained on an ongoing basis if required. The business operates from centrally located leasehold premises although it is expected that the lease will not be required by any purchasing party.

This business continues to trade and the sale is instructed on a share transfer basis to include a Net Asset Value of approximately £10,000.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Relocatable: This business can be relocated.

Property: Leasehold