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the UK marketplace for company sales

Electrical products

Reference
S11987
Turnover
£5m to £10m
Sector(s)
Engineering, Manufacturing, Service industries, Technology
Region(s)
UK Wide, Outside UK
Added
04 October 2024

Business description

Project Saturn manufactures, imports, and exports an extensive range of electrical products.

The company’s primary products comprise 240v electrical wiring accessories,
switches, and sockets, all of which are sold under the business’s brand name.
The business places great emphasis on quality and reliability, ensuring all items comply with the latest European and British standards.
With an expansive inventory comprising thousands of products, the company
is constantly liaising with the electrical marketplace, developing ideas and new products in line with the ever-changing needs of the wholesaler and end user. This has led to an enviable and long-standing client base across the globe.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.

Highlights

  • Has won numerous industry awards.
  • Operating within the electrical industry, the company enjoys high client retention rates and long-standing relationships. 
  • Currently serves circa 200 clients, 75% of which provide reliable streams of ongoing revenue. 
  • Benefits from a host of blue-chip, multinational clients. 
  • Operates from office and warehouse premises, which are owned by our clients and leased to the company. 
  • Robust and highly skilled workforce in place, including an experienced and dedicated second-tier management team. 
  • Has invested in own tooling and third-party testing in partnership with its factory. Exclusive distributor arrangement in the UK and Ireland.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 5,783 821
2021 (Actual) 6,757 1,080
2022 (Actual) 6,055 629
2023 (Actual) 6,507 840
2024 (Forecast) 6,352 675
  • YE23 turnover in excess of £6.5m.
  • Adjusted EBITDA of £840k achieved within the same year. 
  • YE24 projections indicate a turnover of circa £6.4m, with an adjusted EBITDA of £676k. 
  • Average gross profit margin of 39% between YE20 and YE23. 
  • Project pipeline in excess of several million pounds. 
  • The company’s primary products generate circa 70% of revenue. 
  • Inventory of over 4,000 products.

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