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Penetration Testing Firm With A Remote Team, Based In Plymouth
Plymouth, Devon, South WestIdentity protected
Available
About this business
A penetration testing firm that probes web applications, networks and cloud set-ups for weaknesses and writes clear reports with fixes. Eleven testers and support staff work remotely from around Plymouth, so the business has no premises. It was founded in 2018.
Revenue has increased annually, from £1.07m in 2021 to £1.3m, and adjusted EBITDA has nearly doubled, from £113k to £209k. Net profit is £177k. A buyer gets a skilled team whose margins are still improving, for an asking price of £1.7m.
Key investment highlights
- Adjusted EBITDA up 85% since 2021
- Web, network and cloud testing
- Remote team of 11
- Asking price of £1.7m
Reason for sale
The founder is joining a larger security firm in a technical role.
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 rose +3.0% in 2026.
- 2021: baseline
- 2022 (+3.6%)
- 2023 (+3.3%)
- 2024 (+6.6%)
- 2025 (+3.7%)
- 2026 (+3.0%)
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 10.6% in 2021 to 16.1% 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.