A multi-branch independent plumbing and builders merchant serving both trade professionals and retail customers. The business has a strong regional presence across affluent and high-demand areas in London and the South-East.
The company offers a comprehensive range of products, including plumbing, heating, sanitaryware, and building materials. It operates a network of sites within the M25, incorporating trade counters, bathroom showrooms, a specialist contracts and estimating team and distribution. This is supported by an e-commerce platform operating under a dedicated brand.
The business serves a wide range of clients, including leading contractors and subcontractors, builders, interior designers, local authorities, hospitals, schools and universities, as well as property and facilities managers and the RMI market.
The Board is seeking either a sale (or an investment into the business) of the business as a going concern, or a defined trade and asset sale, the latter to be effected by way of a pre-packaged transaction following the appointment of administrators.
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A c.£4m revenue company that is highly profitable with two key divisions. The first is its fire door division, where it manufactures and supplies fire doorsets from its facility in the Midlands (c.50% of total revenue). The second division is its interior fit-out contracting division that has a full in-house team (remaining c.50% of total revenue)
Price drop for quick sale - Indoor Leisure Venue
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