The company is run by the directors in conjunction with a network of longstanding subcontractors through the UK and Holland, as well as a reliable relationship with their office and manufacturing branch in China.
The company operates with a flexible, relocatable model, maintaining low overheads and an agile business model.
Already having begun the process of expanding their customer base, potential buyers could pursue further industry exposure with an investment in an online sales system.
They have a good credit line, no deposits, pay on delivery as they have a great relationship.
China take a % of the sale which means no salaires and you only pay for what they produce.
No up front costs
All orders from China are for commited stock
No marketing team
No sales team
Superdrug and Savers are key longstanding clients
They carry 13 weeks worth of stock
Warehousing and accounting is outsourced
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 1,133 | 146 |
| 2023 (Actual) | 1,300 | 70 |
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