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Components for the packaging industry

Reference
S7407
Turnover
£0.5m to £1m
Sector(s)
Manufacturing, Retail & wholesale
Region(s)
UK Wide, Outside UK
Added
05 January 2021

Business description

The company is a long-standing manufacturer and supplier of impulse heat seal spares to clients throughout the UK and internationally, who utilise the business’s packaging technology for sealing plastic bags, tubes, closures and other parts. 

Utilising a highly experienced team, the business works closely with its clients throughout the process, ensuring all products are produced to a high standard and meet the client’s specifications.

Our clients are offering the company for sale to facilitate their retirement.

Offers invited.

Highlights

  • Products include stainless steel heat seal bands (plain and Teflon coated), impulse sealing elements, PTFE Teflon tapes, nickel chrome wire, vacuum seal tape and profiled and round sealing elements. 
  • Supplies its products and services to 80 active clients, all of whom provide ongoing, reliable revenue. 
  • Maintains strong, long-standing relationships with clients, several of which now span over 20 years. 
  • No individual account supplies over 5% of the company’s turnover. 
  • Exports its products to Europe, the USA, South Africa, Australia, Malaysia and India. 
  • Operates from 7,500 sq ft leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 625 152
2018 (Actual) 667 156
2019 (Actual) 678 151
2020 (Actual) 649 241
  • Turnover of £649k in YE20 with an adjusted EBITDA of £241k.
  • Gross profit margin of 55%.

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