Project Riesling delivers power coating services to a variety of industries with a specialism in architectural metalwork. The business operates from the South East of England. Our client has become an expert in his field with a strong team of highly skilled staff able to assist. To aid in their work, the business has five ovens which allows them to complete a high volume of work. The business can also offer nylon coating.
They operate with c.90% of clients being commercial and is on preferred supplier lists for many clients.
High staff retention rate with a strong second tier management structure in place capable of running the business without director oversight.
Turnover for year-end May 2025 is £812k, with an adjusted EBITDA in excess of £192k.
The business operates from an 8,000 sq. ft. unit with workshop, storage and offices alongside staff facilities. The premises are on
a leasehold basis with a rent per annum of £43k.
The business operates primarily with commercial clients with a core base of c.100 repeat clients
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 611 | 178 |
| 2023 (Actual) | 663 | 203 |
| 2024 (Actual) | 769 | 199 |
| 2025 (Actual) | 812 | 193 |
Client wishes to pursue other business interests
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