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Credit Referencing Software Firm With A Bristol Freehold
Bristol, Bristol, South WestIdentity protected
Available
About this business
This Bristol firm builds and supports software that small lenders, landlords and hire businesses use to check applicants' credit and keep audit records of each decision. It has traded since 2002 and owns its small city-centre office, though the work could be done from elsewhere. Seven people run development and support. Turnover has hardly moved from £1.1m, yet adjusted EBITDA has grown each year to £204k as costs have been held flat. A buyer gets a profitable niche product, a freehold and an asking price of £1.1m, equal to a year's turnover.
Key investment highlights
- Freehold city-centre office included
- Adjusted EBITDA up from £147k to £204k
- Trading since 2002
- Seven staff in development and support
Reason for sale
The founder is retiring after a long career and has no family member wanting to take over.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+0.2%)
- 2023 (+0.2%)
- 2024 (+0.9%)
- 2025 (-1.8%)
- 2026 (+1.2%)
- Peak 2024 to latest 2026: -0.6%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 13.4% in 2021 to 18.5% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.