SIC Code: 73890900 FINANCIAL SERVICES
Country of Origin: United Kingdom |
Target Areas: Worldwide
The company was established 6 years ago by a very well experienced management team. Since that time they have invested in developing a unique product that is now being taken up by some major players. This software as service product reduces risk and thus enables clients to reduce claims and increases profitability. The business model is based on regular monthly fees rather than one off sales and is infinitely scalable so leading to an ever-growing legacy income whilst also continuing to grow the book.
Potential clients include many household names worldwide and at present there is virtually no competitor. The management believe that now is the time to roll out the product as rapidly as possible and are seeking a strategic investor to work alongside the founders to drive the business forward. All trials and pilot schemes to date have gone well. Investment will be used within the company to continue to develop the product and markets and to hire a number of key staff to ensure that growth is both rapid and well controlled.
Distribution: The business is UK based but the market is worldwide. The investor can be either financial or strategic and located anywhere but a strategic partner that already has a presence in the US would maximize the leverage opportunities to both parties.
Revenue : EUR 1,885,000
Whilst the company has as yet to make a profit, a combination of the strength of the management team, the uniqueness of the product, and the infinite scalability of the company, together with the ongoing discussions with future clients give the management confidence that the forecasts showing an exponential increase in profitability are indeed very conservative.
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