P&P Plc, Rossendale, Lancashire has some way to go to fill the gap in its volume left by the sale of its low-margin distribution business, but a took a big step forward on Friday when it reported that the dispatch of a raiding party north of the border had yielded agreement for it pay up to ?6.6m for Computers for Business (Scotland) Ltd. The company is a 10-year-old systems integrator with offices in Aberdeen, Edinburgh and Glasgow, and has nearly 100 employees. Net assets at the end of last year stood at a healthy ?2.45m, and the company did ?530,000 pre-tax in 1993. P&P will pay an initial ?3.74m in shares, loan notes and cash on completion for 94.3% of the equity and has an option to buy the remaining 5.7% in September for ?260,000. It will pay up to a further ?1m in 1995 based on the value of net assets at the date of completion and up to another ?1.6m next year depending on Computer for Business’s 1994 profit – the company has to do at least ?950,000 pre-tax to trigger the full payment. Separately, P&P said it had an encouraging start to the year, making significant progress in financial performance, with most areas of the business profitable and cash under control.