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Food manufacturer - flatbread products

Reference
S6249
Turnover
£0.5m to £1m
Sector(s)
Food & drink, Manufacturing
Region(s)
North East England, North West England, Scotland
Added
17 June 2019

Business description

Well-recognised manufacturer of a range of flatbreads for clients across Scotland and Northern England.

Has established a prominent position with clients in its industry due to its prestigious portfolio.

Strong pipeline of work in place for the coming financial year, with additional negotiations in place with blue-chip companies.

Offers invited.

Highlights

  • Accredited by Safe and Local Supplier Approval (SALSA), highlighting the company’s dedication to delivering a first-class service.
  • The company produces chemical-free products through a combination of simple, natural ingredients, providing quality for its long list of loyal clients.
  • Works with circa 245 clients, 90% of whom provide repeat custom.
  • Relationships maintained with the majority of clients since its inception.
  • Operates from two leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2010 (Actual) 204 21
2011 (Actual) 399 62
2012 (Actual) 671 77

  • Turnover of £671k.
  • EBITDA of £77k.
  • Consistent gross profit levels year-on-year, with 72% achieved in FY18.

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