Technology | South | £586k Turnover The opportunity has arisen to acquire a successful and established 'Receivables Management Software House' based in the south of England. Established 10 years ago, the company has an exceptional client base consisting of household names and multi-national companies. The company's turnover is linked to a strong contract base, with rental, service and maintenance agreements in place with terms of between 1 and 3 years. Although predominantly operating on a national basis in some larger accounts the services are offered on a pan-European basis.
The software offering is modular and integrates with a variety of leading accounting software vendors (SAP, JDE etc) offerings, as well as being highly configurable allowing for a variety of different client requirements to be met. The company is also known for the high levels of customer service and adopts a client led development approach whilst ensuring that the product is a package rather than a 'bespoke' solution.
We believe that the company would compliment a software house already active in the Accounts Management arena as well as appealing to other firms which specialise in CRM, complaints/dispute management or service the receivables management market and are seeking to gain an established foothold in this market place.
Turnover for 2009, £586k, gross profit, £566k and net profit £126k.
turner parkinson LLP is a Manchester based commercial law firm, specialising in SMEs and owner managed businesses with a turnover between £0.5m - £20m.