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Bioethanol fireplaces

Reference
S7689
Turnover
£1m to £2m
Sector(s)
Manufacturing, Miscellaneous, Retail & wholesale
Region(s)
UK Wide, Outside UK
Added
26 April 2021

Business description

The company specialises in the manufacture and supply of bioethanol fireplaces, with the extensive product range including free-standing, wall-mounted and outdoor fires. Also available are related products including bioethanol fuel, biofire pebbles and log sets.

Sales are predominately generated through the company’s comprehensive e-commerce website which enables the business to distribute goods to clients both domestically and internationally.

The shareholders are offering the business for sale to pursue other unrelated business ventures.

Offers invited.

Highlights

  • Works with several high-value clients including blue-chip companies such as Costco and Amazon.
  • With UK design rights and European exclusivity, the company designs its own unique product range.
  • All fireplaces are approved in accordance with European Standard EN16647.
  • Serves both the retail sector and B2C, generating multiple revenue streams.
  • Long-standing client and supplier relationships in place.
  • High rating on Trust pilot.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 797 332
2018 (Actual) 1,074 465
2019 (Actual) 1,078 487
2020 (Actual) 1,684 678
  • YE20 turnover of circa £1.68 million, with an adjusted EBITDA of £678k.
  • Gross profit of £1 million for the same year.
  • YE19 turnover of circa £1 million, with an adjusted EBITDA of £487k.
  • Shareholder funds rising year-on-year.

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