This announcement contains inside information for the purposes
of Regulation 11 of the Market Abuse (Amendment) (EU Exit)
Regulations 2019/310. With the publication of this
announcement via a Regulatory Information Service, this inside
information is now considered to be in the public
domain.
7
August 2024
Sorted Group Holdings
Plc
("Sorted", the "Company" or the "Group")
Interim results for the six
months ended 30 June 2024
Sorted (AIM: SORT) announces its
unaudited interim results for the six months ended 30 June
2024.
CHAIRMAN'S REPORT FOR THE PERIOD ENDED 30 JUNE 2024
Dear Shareholders,
I am pleased to present the Chairman's
statement for Sorted's unaudited interim results for the six months
ended 30 June 2024 ("H1 FY24" or the "Period").
2023 marked a significant turning point for
Sorted. On 28 June 2023, we announced a secured convertible bridge
loan agreement (the "Convertible Loan Agreement") with Sorted
Holdings Limited ("SHL") to lend it up to £2.6 million (the "Loan")
for working capital purposes. The Convertible Loan Agreement had a
redemption premium of 50% and was secured by a first fixed and
floating charge over SHL's business and assets. At the Company's
option, the Loan could be converted into shares representing
approximately 100% of the fully diluted share capital of
SHL.
Additionally, we simultaneously announced the
entry into exclusive non-binding heads of terms for a potential
acquisition of the entire issued share capital of SHL by the
Company for a nominal consideration of £1.00 (the "Proposed
Acquisition"). The Proposed Acquisition constituted a reverse
takeover under the AIM Rules for Companies (the "AIM Rules").
Accordingly, in accordance with rule 14 of the AIM Rules, the
Company's ordinary shares were suspended from trading on AIM on 28
June 2023.
On 30 January 2024, we announced and published
an AIM admission document in connection with the Proposed
Acquisition. The AIM admission document detailed, among other
things, the proposed acquisition of SHL, a proposed subscription of
2,285,712 new ordinary shares of 62.5 pence each in the Company
("Ordinary Shares") at 87.50 pence per new Ordinary Share to raise
approximately £2.0 million, a proposed consolidation of every 625
existing ordinary shares of nominal value of 0.1 pence each into
one new Ordinary Share, a proposed change of name and AIM ticker
symbol to Sorted Group Holdings PLC and SORT respectively, director
appointments, a notice of general meeting, and the restoration of
trading of the Company's existing ordinary shares on AIM. Terms
were agreed for the acquisition of the entire issued and to be
issued share capital of SHL for an aggregate nominal consideration
of approximately £66.73 to be paid in cash at
completion.
The Proposed Acquisition was attractive for
several reasons. This included the Proposed Acquisition being a
significant opportunity to leverage SHL's technology and
substantial capital investment made in SHL to date (exceeding £70
million). In addition, SHL had an attractive software-as-a-service
("SaaS") business model in the ecommerce sector with scalable,
predictable revenue performance. SHL's diverse customer base of
household retail brands and strong industry partnerships with the
business being UK-based business with over 60 employees. Lastly,
the global ecommerce market in which SHL operates has been forecast
to grow significantly and is a highly fragmented market.
On 25 January 2024, we announced that the
Company had entered into an unsecured term loan facility agreement
with Bidco 3 Limited (the "Lender" or "Bidco 3") for a total
principal amount of up to £3.0 million (the "Facility"). Bidco 3 is
a special purpose holding company focused on making strategic
investments. The directors of the Company (the "Directors" or the
"Board") believe that the Group has adequate financial resources
and will not need to draw on this Facility to continue in
operational existence for the foreseeable future.
On 16 February 2024, all resolutions were duly
passed at a general meeting of the Company. The proposals set out
in the AIM admission document were completed on 19 February 2024
with the enlarged group successfully admitting to trading on AIM on
the same day ("Admission"). As part of this, Carmen Carey was
appointed as Chief Executive Officer, Mahmoud Warriah as Chief
Financial Officer, and Petar Cvetkovic as Non-Executive Director.
To reflect the Company's new name, the website changed to
www.sorted.com on Admission.
On 30 April 2024, the Company announced that it
had received approximately £2.0 million in research and development
("R&D") tax credits from His Majesty's Revenue & Customs
("HMRC") (together the "R&D Tax Credit"). The R&D Tax
Credit relates to SHL's claim made to HMRC in respect of the
financial year ended 30th September 2022. The R&D Tax Credit
has been directly applied towards reducing the Group's pay as you
earn ("PAYE") and value added tax ("VAT") liabilities for the
financial year ended 31st December 2023 and up to 29th February
2024.
Operational
and Financial Restructuring
On 28 May 2024, it was announced that Carmen
Carey had stepped down as Chief Executive Officer ("CEO") and
Executive Director of the Group with immediate effect, although she
will continue to support the Company during a three-month notice
period.
During this period, we undertook significant
restructuring efforts to align the business with its strategic
goals and to ensure long-term sustainability, which are outlined as
follows:
· Employee Headcount
Reduction: The headcount was reduced from 66 to
51, eliminating an expensive corporate layer that is no longer
required for the business. This enabled the Board to promote the
next level of high-end talent to form the new senior management
team.
· Cost Reduction: We
have reduced back-office costs related to legal, HR, and finance
functions, enabling management to reallocate resources towards
front-office functions, specifically software engineering and
sales. This is anticipated to lead to a total people cost reduction
of approximately £1.2 million on an annualised basis.
· Property Costs: We
have reorganised our offices, closing the London office and
resizing the Manchester office to be more fit for purpose. This is
expected to deliver an annualised six-figure saving.
· Operational Efficiencies:
We are introducing efficiencies to run the Sorted platform
more cost-effectively. Our second largest cost, outside of
personnel, is our IT infrastructure, which we will focus on
reducing in the second half of the financial year ending 31
December 2024 ("FY24").
H1 FY24 has been transformative for our Company
as we have embarked on a strategic initiative to foster a
"start-up" mentality within our organisation. The key objectives
have been to streamline our operations, reduce unnecessary
corporate and executive costs, and return to our nimble roots in
Manchester.
Outlook and
Future Strategy
Throughout this period of significant change,
our commitment to maintaining revenue levels and customer
satisfaction has remained steadfast. I am proud to report that,
despite comprehensive restructuring efforts, we have successfully
upheld our revenue streams, reflecting the strength and
adaptability of our team. Our customers have expressed their
continued trust in our services, as evidenced by the renewal of
their contracts with Sorted.
These changes have not only reduced costs but
also enhanced our ability to respond quickly to market needs and
opportunities. Specifically, we have reduced costs in back-office
functions such as HR, internal IT, Finance, and Legal, as well as
property and office expenses. These savings have been strategically
reinvested in front-office areas, particularly in expanding our
Sales team and enhancing our Software Development teams.
We have made significant investments in both
our core team and our service offerings during this period,
ensuring that we are well-positioned to capitalise on future growth
opportunities. Our efforts have been geared towards fostering a
culture of innovation and agility, essential for navigating the
competitive landscape that we operate in as well as increasing
long-term value for our shareholders.
As we look forward to the remainder of the
financial year, we are optimistic about the future. Our strategic
focus on agility, efficiency, and customer satisfaction will
continue to guide us. We are confident that the steps we have taken
will not only strengthen our market position but also lay a solid
foundation for sustained growth and success. The acquisition of SHL
and the consequential reverse takeover have provided us with a
valuable platform for potential growth opportunities. Armed with
this knowledge, we are actively exploring avenues for sustainable
expansion and enhancement of our offerings.
We entered FY24 with a solid financial
foundation. The successful fundraises that took place in 2024
provided us with ample resources and, together with the loan
facility agreement with Bidco 3 Limited for up to £3.0 million,
enabled us to pursue our strategic acquisition objective against
the backdrop of the complex business landscape.
Throughout the acquisition process, we have
remained committed to our key stakeholders, particularly our
shareholders. We recognise that change brings uncertainty, and we
have made every effort to navigate these challenges with
transparency and fairness. Our team has shown remarkable resilience
and adaptability during this period of transition, and we are
grateful for their dedication to our shared vision.
Finally, I would like to express my heartfelt
gratitude to our shareholders, clients, and partners for their
unwavering support throughout this transformative period. Your
confidence in our ability to navigate these challenges and
capitalise on emerging opportunities has been instrumental in our
progress.
In conclusion, while the previous financial
year ended 31 December 2023 presented its fair share of hurdles, we
are well-funded and strategically positioned for the future. With a
solid financial foundation, streamlined operations, and a focus on
delivering a new strategic path going forward, we are confident in
our ability to create long-term value for our shareholders. We
thank our shareholders and stakeholders for their continued trust
and support.
Yours sincerely,
Simon Wilkinson
Executive Chair, Sorted Group Holdings
PLC
SORTED GROUP HOLDINGS PLC
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE
2024
1
General information
Sorted Group Holdings PLC and its subsidiary
Location Sciences AI Limited (together the "Group") provide a
Software as a Service (SaaS) Delivery Experience Platform (DEP)
that powers dynamic checkouts, delivery management and tracking
globally. Through partnerships with some of the biggest global
carriers and customer-obsessed retailers, Sorted transforms the
delivery experience into a delight, for everyone that touches it.
Sorted provides mission critical software using an application
programming interface (API) driven platform that enables fast and
seamless integrations with retailers offering enhanced
features.
The Company is a public limited company which
is quoted on the AIM market of the London Stock Exchange and is
incorporated and domiciled in England and Wales.
2
Basis of preparation
The financial information has been prepared in
accordance with International Financial Reporting Standards
("IFRS") as adopted by the United Kingdom, International Financial
Reporting Interpretations Committee ("IFRIC") interpretations and with those parts of the
Companies Act 2006 applicable to companies reporting under IFRS.
The accounting policies adopted are consistent with those of the
financial statements for the year ended 31 December 2023, as
described in those financial statements.
The accounting resulting from the reverse
acquisition (see notes 3 and 6) causes the comparative amounts to
be restated such that the figures for the six-month period ended 30
June 2023, as well as the balance sheet as on 31 December 2023,
represent those of Sorted Holdings Limited and subsidiaries (before
the reverse acquisition). The results for the six-month period 30
June 2024, as well as the balance sheet as on 30 June 2024 is the
same as the comparatives but also includes the balances of Sorted
Group Holdings Plc and subsidiaries (before the reverse
acquisition) as on 30 June 2024 and the results of the same from
the acquisition date of 16 February 2024. The comparative results
and balances, although largely extracted from audited results of
Sorted Holdings Limited, have not been audited. The results and
balances for the current period have not been subject to an
audit.
The latest financial statements of Sorted
Group Holdings Plc are those for the year ended 31 December 2023
and have been delivered to the Registrar of Companies and included
an unqualified auditors' report and did not contain a statement
under Section 498(2) or Section 498(3) Companies Act 2006. As
described above, the current results are not comparable with this
latest financial statements due to the reverse
acquisition.
3
Going concern
This going concern note should be read in
conjunction with the note for the year ended 31 December 2023,
which detailed significant events and strategic initiatives for the
Company.
On 30 January 2024, we announced and published
an AIM admission document in connection with the Proposed
Acquisition. The AIM admission document detailed, among other
things, the proposed acquisition of SHL, a proposed subscription of
2,285,712 new ordinary shares at 87.50 pence per share to raise
approximately £2.0 million, a proposed 625 to 1 share
consolidation, a proposed change of name and AIM ticker symbol to
Sorted Group Holdings PLC and SORT respectively, director
appointments, a notice of general meeting, and the restoration of
trading of the Company's existing ordinary shares on AIM. Terms
were agreed for the acquisition of the entire issued and to be
issued share capital of SHL for an aggregate nominal consideration
of approximately £66.73 to be paid in cash at
completion.
The Proposed Acquisition was attractive for
several reasons, including:
· Significant
opportunity to leverage Sorted's technology and substantial capital
investment (exceeding £70 million).
· An attractive
software-as-a-service ("SaaS") business model in the ecommerce
sector with scalable, predictable revenue performance.
· Diverse customer
base of household retail brands and strong industry
partnerships.
· Global ecommerce
market forecast to grow significantly.
· Highly fragmented
market.
· UK-based business
with over 60 employees.
On 25 January 2024, we announced that the
Company had entered into an unsecured term loan facility agreement
with Bidco 3 Limited (the "Lender" or "Bidco 3") for a total
principal amount of up to £3.0 million (the "Facility"). Bidco 3 is
a special purpose holding company focused on making strategic
investments. The Directors believe that the Group has adequate
resources and will not need to draw on this loan to continue in
operational existence for the foreseeable future.
On 16 February 2024, all resolutions were duly
passed at a general meeting of the Company. The proposals set out
in the AIM admission document were completed on 19 February 2024
with the enlarged group successfully admitting to AIM on the same
day ("Admission"). As part of this, Carmen Carey was appointed as
Chief Executive Officer, Mahmoud Warriah as Chief Financial
Officer, and Petar Cvetkovic as Non-Executive Director. To reflect
the Company's new name, the website changed to www.sorted.com on
Admission.
On 30 April 2024, SGH plc announced that it
had received approximately £2.0 million in research and development
("R&D") tax credits from His Majesty's Revenue & Customs
("HMRC"). The R&D Tax Credit relates to Sorted Group Limited's
claim made to HMRC in respect of the financial year ended 30
September 2022. The R&D Tax Credit has been directly applied
towards reducing the Group's pay as you earn ("PAYE") and value
added tax ("VAT") liabilities for the financial year ended 31
December 2023 and up to 29 February 2024.
On 28 May 2024, it was announced that Carmen
Carey stepped down as Chief Executive Officer ("CEO") and Executive
Director of the Group with immediate effect and will continue to
support Sorted during a three-month notice period.
During this period, we undertook significant
restructuring efforts to align the business with its strategic
goals and ensure long-term sustainability, which are outlined as
follows:
· Employee Headcount
Reduction: The headcount was reduced from 66 to
51, eliminating an expensive corporate layer that is no longer
required for the business. This enabled the Board to promote the
next level of high-end talent to form the new senior management
team.
· Cost Reduction: We
have reduced back-office costs related to legal, HR, and finance
functions, enabling management to reallocate resources towards
front-office functions, specifically software engineering and
sales. This is anticipated to lead to a total people cost reduction
of approximately £1.2 million on an annualised basis.
· Property Costs: We
have reorganised our offices, closing the London office and
resizing the Manchester office to be more fit for purpose. This is
expected to deliver an annualised six-figure saving.
· Operational Efficiencies:
We are introducing efficiencies to run the Sorted platform
more cost-effectively. Our second largest cost, outside of
personnel, is our IT infrastructure, which we will focus on
reducing in the second half of the financial year ending 31
December 2024 ("FY24").
These strategic actions have been taken to
streamline operations, reduce costs, and position the Company for
future growth. The Directors have prepared detailed cash flow
forecasts and have considered various scenarios, including the
potential impacts of market conditions and the restructuring
efforts.
The Directors believe that the Group has
adequate resources to continue in operational existence for the
foreseeable future. Accordingly, they continue to adopt the going
concern basis in preparing the financial statements for the period
from 1 July 2024 to 30 June 2025.
4
Loss per share
|
|
Six
months
ended 30 June
2024
Unaudited
£
|
Six
months
ended 30 June
2023
Unaudited
£
|
|
Loss
attributable to shareholders
|
(3,434,450)
|
(6,590,049)
|
|
|
|
|
|
|
No.
|
No.
|
|
Weighted
average number of shares (basic)
|
6,704,660
|
4,236,140
|
The calculation of basic loss per share of
51.2p (June 2023: 155.6p) is based on loss after taxation and the
weighted average number of ordinary shares in issue during the
period. The weighted average number of shares for 30 June 2023
retrospectively includes the impact of the share consolidation (see
note 6).
5
Segmental analysis
Operating segments are based on internal
reports about components of the Company, which are regularly
reviewed and used by the Board of Directors being the Chief
Operating Decision Maker ("CODM") for strategic decision making and
resource allocation, in order to allocate resources to the segment
and to assess its performance.
The segmental analysis has been restated due
to the reverse acquisition (refer note 7). The comparative period
is represented by two reportable segments - 'Corporate &
Enterprise' and 'Return & Reverse Logistics'. With the reverse
acquisition on 16 February 2024, the additional reportable segment,
'Verify', was added.
Verify provides location verification
services, utilising sophisticated machine learning and pattern
recognition technologies Verify detects location ad-fraud and
checks the accuracy and quality of location signals used to improve
the performance of digital advertising. The Verify business was
gradually scaled down beginning on February 16th, with operations
progressively reduced until its full closure in June 2024. This
strategic move was made to concentrate resources and focus on the
Sorted Corporate and Enterprise business.
The corporate & enterprise segments
provides a software as a service platform, the Delivery Experience
Platform, that powers dynamic checkouts, delivery management and
tracking globally. The segment remains stable with a successful
renewal of a major client and a consistently low churn rate. This
revenue stream continues to be our primary focus.
The return & reverse logistics segment
provides software as a service platform that enables retailers of
all sizes to automate their return processes and access
competitively priced carrier return rates. We continue to develop
the business, focusing on organic growth.
It should be noted that a segmental analysis
of the Consolidated Statement of Financial Position is not part of
routine management reporting and, consequently, no segmental
analysis of assets is shown here.
An analysis of operating revenue is as
follows:
|
|
Six
months
ended 30 June
2024
Unaudited
£
|
Six
months
ended 30 June
2023
Unaudited
£
|
|
Verify
|
(8,057)
|
-
|
|
Corporate
& Enterprise (Ship & Track)
|
2,771,978
|
2,785,851
|
|
Return
& Reverse Logistics
|
424,569
|
491,929
|
|
|
3,188,490
|
3,277,780
|
An analysis of EBITDA is as follows:
|
|
Six
months
ended 30 June
2024
Unaudited
£
|
Six
months
ended 30 June
2023
Unaudited
£
|
|
Verify
|
(589,651)
|
-
|
|
Corporate
& Enterprise (Ship & Track)
|
(1,063,080)
|
(3,683,387)
|
|
Return
& Reverse Logistics
|
60,983
|
34,626
|
|
|
(1,591,748)
|
(3,648,761)
|
An analysis of profit
or loss before tax is as follows:
|
|
Six
months
ended 30 June
2024
Unaudited
£
|
Six
months
ended 30 June
2023
Unaudited
£
|
|
Verify
|
(577,311)
|
-
|
|
Corporate
& Enterprise (Ship & Track)
|
(2,907,453)
|
(6,604,189)
|
|
Return
& Reverse Logistics
|
50,559
|
14,140
|
|
|
(3,434,205)
|
(6,590,049)
|
6
Share capital
|
|
30
June
2024
Unaudited
£
|
31
December
2023
Audited
£
|
|
7,639,705
ordinary shares of 62.5p each
(December
2023: 2,647,587,398 of 0.1p each)
|
4,774,815
|
2,647,588
|
|
1,040,712,398 deferred shares of 0.99p each
|
10,303,053
|
10,303,053
|
|
376,651,734 New Deferred shares of 0.9p each
|
3,389,866
|
3,389,866
|
|
|
18,467,734
|
16,340,507
|
Share issue
Share
consolidation and issue
Following an announcement on 28 June 2023 where
the Company entered into an exclusive non-binding heads of terms
for a potential acquisition of the entire issued share capital of
Sorted Holdings Limited (the "Proposed Acquisition"), we published
an AIM admission document on 30 January 2024. This document
detailed the proposed acquisition of SHL, a proposed subscription
of 2,285,712 new ordinary shares at 87.50 pence per new ordinary
share to raise approximately £2.0 million, a proposed 625 to 1
share consolidation, a proposed change of name and AIM ticker
symbol to Sorted Group Holdings PLC and SORT respectively, director
appointments, a notice of general meeting, and the restoration of
trading of the Company's existing ordinary shares on AIM. Terms
were agreed for the acquisition of the entire issued and to be
issued share capital of SHL for an aggregate nominal consideration
of approximately £66.73 to be paid in cash at completion which was
subsequently paid in full.
Share rights
Ordinary shares have attached to them full
voting, dividend and capital distribution (including on winding up)
rights; they do not confer any rights of redemption.
Deferred shares have attached to them no
voting, dividend or capital distribution (including on winding up)
rights; they do not confer any rights of redemption.
Warrants in Issue
1) Promoter
Warrants - non-transferable warrants
to subscribe for up to 2,400,000 Ordinary Shares, exercisable at
£1.25 for five years from 25 May 2021, were
issued to certain members of the Concert Party in consideration of
those persons assembling and co-ordinating the Concert Party's
investment in the Company in May 2021 and facilitating the
appointment of Simon Wilkinson as Non-Executive
Chairman.
|
Name
|
Number of Ordinary Shares
subject to Promoter Warrants
|
|
Richard
Hughes
|
800,000
|
|
Mahmud
Kamani
|
800,000
|
|
Simon
Wilkinson
|
800,000
|
2) Cornerstone Investor
Warrants - non-transferable warrants
to subscribe for up to 400,000 Ordinary Shares, exercisable at
£1.25 for five years from 25 May 2021, were
issued to the Cornerstone Investors of the May 2021
placing.
|
Name
|
Number of Ordinary Shares
subject to Cornerstone Investor Warrants
|
|
Ben
Turner
|
80,000
|
|
Donna
Turner
|
120,000
|
|
James
Pope
|
80,000
|
|
Maxine
Pope
|
120,000
|
3) Broker Warrants - transferable
warrants to subscribe for up to 160,000 Ordinary Shares,
exercisable at £1.25 for five years from 25
May 2021 were issued as shown below.
|
Name
|
Number of Ordinary Shares
subject to Broker Warrants
|
|
Turner
Pope
|
94,000
|
|
Dr Nigel
Burton
|
40,000
|
|
Mark
Slade
|
16,000
|
|
David
Rae
|
10,000
|
4) Director
Warrants - non-transferable warrants
to subscribe for, in aggregate, 192,000 Ordinary Shares were issued
to the Executive Directors and the Non-Executive Directors,
exercisable at £1.25 for five years from 21 May 2021, provided that
the Ordinary Shares have traded at a Volume Weighted Average Price
(VWAP) at or above 0.30p for 20 consecutive Business Days, or on a
change of control of the Company.
|
Name
|
Number of Ordinary Shares
subject to Broker Warrants
|
|
Mark
Slade
|
48,000
|
|
David
Rae
|
48,000
|
|
Simon
Wilkinson
|
48,000
|
|
Dr Nigel
Burton
|
48,000
|
|
|
|
7
Reverse acquisition
On 16 February 2024, Sorted Group Holdings Plc
acquired all the outstanding share capital in Sorted Holdings
Limited (refer to note 3). The acquisition was one whereby a
nominal value of £66,73 was paid in cash to acquire the outstanding
share capital of Sorted Holdings Limited. Consequentially, new
directors were appointed, being directors and key management
personnel from Sorted Holdings Limited.
Consistent with the AIM Rules classifying this
transaction as a reverse takeover, management assessed and
concluded that the acquisition is, in substance, a reverse
acquisition in accordance with the principles in IFRS 3. However,
given that Sorted Group Holdings Plc and subsidiaries (before the
acquisition) do not meet the definition of a business in accordance
with IFRS 3, the reverse acquisition is rather accounted for by
analogy to the reverse acquisition accounting principles in IFRS 3
and the principles in IFRS 2 (as generally acceptable accounting
principles exist).
As a result, the acquisition is accounted for
such that Sorted Holdings Liming is identified as the acquirer and
the net assets of Sorted Group Holdings Plc and subsidiaries
(before the acquisition) deemed acquired. The consideration for the
reverse acquisition is measured at the fair value of the cash
transferred and the deemed consideration of the loan previously
granted to Sorted Holdings Limited, which remains outstanding on 16
February 2024.
Accordingly, the resulting balances and
transactions for the periods prior to 16 February 2024 are those of
Sorted Holdings Limited and subsidiaries (before the
acquisition).
The consideration transferred is as
follows:
|
|
£
|
|
Cash
|
67
|
|
Loan
previously provided
|
2,516,491
|
|
|
2,516,558
|
The allocation of the consideration
transferred to the net assets acquired by Sorted Holdings Limited
is as follows:
|
|
£
|
|
Cash
|
2,691,816
|
|
Accounts
receivable and other receivables
|
178,772
|
|
Accounts
payable and accruals
|
(803,086)
|
|
Listing
costs expensed
|
449,056
|
|
|
2,516,558
|
8
Availability of half year report
Copies of the half-year report are available
on request from the Company's registered office at Level 6 111
Piccadilly, Manchester, England, M1 2HY and can also be viewed
at:
https://www.sorted.com
For further information please
contact:
Sorted Group Holdings plc
Tel: +44 (0)3300 555 284
Simon Wilkinson, Chairman
Allenby Capital Limited (Nominated
Adviser)
Tel: +44 (0)20 3328 5656
David Hart
Vivek Bhardwaj
Turner Pope Investments (TPI) Ltd
(Broker)
Tel: +44 (0)20 3657 0050
James Pope
Andy Thacker
About Sorted
Sorted's Delivery Experience
supports retailers in providing exceptional delivery experiences
and analysing post-purchase performance. It enables customers to
track deliveries and returns or exchange of parcels with
ease.
Founded more than a decade ago,
Sorted is trusted by leading retailers - such as Asda, ASOS and
M&S - to make customer purchase experiences a
differentiator.
www.sorted.com
@SortedOfficial
Media contact - Shaun Weston - shaun.weston@sorted.com