Millennium Business Systems was established in 1986 and over the last 28 years we have grown to become one of the UK’s leading IT and AV Resellers. We are specialists in the supply and installation of IT and AV Solutions and Services which we provide to Businesses, the Public Sector and Education organisations within the UK. We are in partnership with the big, reputable vendors and pride ourselves on being able to deliver professional and affordable IT solutions that exceed our customer’s expectations. Not only do we provide high quality hardware at very competitive prices, but we provide Premium Support and Services to go with that giving you peace of mind that you will be taken care of. Not only do we provide high quality hardware at very competitive prices, we also provide Premium Support and Services, giving you the/that peace of mind that you will be taken care of once an installation is complete.
Type
Private
HQ
Wokingham, GB
Founded
1986
Size (employees)
14 (est)
Millennium Business Systems was founded in 1986 and is headquartered in Wokingham, GB
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Millennium Business Systems Office Locations

Millennium Business Systems has an office in Wokingham
Wokingham, GB (HQ)
Overland House 3 Ashville Way
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Millennium Business Systems Financials and Metrics

Summary Metrics

Founding Date

1986
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Millennium Business Systems Financials

Millennium Business Systems's revenue was reported to be £8.03 m in FY, 2016 which is a 31.5% increase from the previous period.
GBP

Revenue (FY, 2016)

8 m

Revenue growth (FY, 2015 - FY, 2016), %

31.5%

Gross profit (FY, 2016)

1.6 m

Gross profit margin (FY, 2016), %

19.4%

Net income (FY, 2016)

42.3 k

EBITDA (FY, 2016)

122.8 k

EBIT (FY, 2016)

86.4 k

Cash (31-Dec-2016)

959
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.1 m3.3 m4.9 m5.6 m4.1 m4.2 m4.2 m6.4 m6.1 m8 m

Revenue growth, %

52%(5%)32%

Cost of goods sold

1.4 m2.5 m3.8 m4.4 m3 m3.1 m3.1 m5.1 m4.9 m6.5 m

Gross profit

625.6 k790.8 k1.1 m1.2 m1.1 m1.1 m1.1 m1.3 m1.2 m1.6 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

696 30.4 k1.3 k8.9 k444 36.1 k621 405 739 959

Accounts Receivable

284.8 k657.9 k702.6 k630.4 k462.1 k492.7 k468.8 k1.1 m780.2 k1.2 m

Inventories

177.8 k267 k467.7 k463.7 k453.3 k415.3 k577.1 k691.2 k734.6 k796.2 k

Current Assets

526.4 k982.4 k1.2 m1.1 m950.7 k990.1 k1.1 m1.9 m1.6 m2.1 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

62.4 k76.5 k7 k17.7 k18.7 k29.7 k20.6 k32 k43.6 k42.3 k

Dividends Paid

75.8 k16.7 k
GBPY, 2016

Revenue/Employee

382.4 k

Debt/Equity

0.1 x

Financial Leverage

5.3 x
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