Millennium Business Systems

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.
Company Growth (employees)
Type
Private
HQ
Wokingham, GB
Founded
1986
Size (employees)
36 (est)-2%
Millennium Business Systems was founded in 1986 and is headquartered in Wokingham, GB

Millennium Business Systems Office Locations

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

Millennium Business Systems Data and Metrics

Summary Metrics

Founding Date

1986

Millennium Business Systems Financial Metrics

Millennium Business Systems's revenue was reported to be £8 m in FY, 2016 which is a 32% increase from the previous period.
GBP

Revenue (FY, 2016)

8 m

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

32%

Gross profit (FY, 2016)

1.6 m

Gross profit margin (FY, 2016), %

19%

Net income (FY, 2016)

42.3 k

Cash (31-Dec-2016)

959
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.2 m6.4 m6.1 m8 m

Revenue growth, %

52%(5%)32%

Cost of goods sold

3.1 m5.1 m4.9 m6.5 m

Gross profit

1.1 m1.3 m1.2 m1.6 m

Gross profit Margin, %

26%21%20%19%

Operating expense total

1.1 m1.3 m1.1 m1.5 m

Pre tax profit

40 k54 k49.6 k

Net Income

32 k43.6 k42.3 k
GBPFY, 2014FY, 2015FY, 2016

Cash

405739959

Accounts Receivable

1.1 m780.2 k1.2 m

Current Assets

1.9 m1.6 m2.1 m

PP&E

241 k240.2 k305.2 k

Total Assets

2.1 m1.8 m2.4 m

Accounts Payable

745.3 k691.4 k867.3 k

Current Liabilities

1.7 m1.4 m1.9 m

Total Liabilities

1.8 m1.4 m1.9 m

Retained Earnings

32 k43.6 k42.3 k

Total Equity

360.3 k404 k446.2 k

Financial Leverage

5.9 x4.5 x5.3 x
GBPFY, 2014FY, 2015FY, 2016

Income Taxes Paid

(8 k)(10.3 k)(7.4 k)
GBPY, 2016

Revenue/Employee

382.4 k

Financial Leverage

5.3 x

Traffic Overview of Millennium Business Systems

Millennium Business Systems Online and Social Media Presence

Millennium Business Systems Company Life and Culture

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