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Deal Opportunities.co.uk

the UK marketplace for company sales

Freight & courier services

Reference
S11112
Turnover
£10m to £25m
Sector(s)
Distribution, freight & logistics
Region(s)
UK Wide
Added
20 November 2023

Business description

Utilising a fleet of modern vehicles, the group provides cost-efficient, reliable haulage and courier services across the UK.

Services offered include same-day parcel and pallet deliveries, tender document deliveries, person-to-person deliveries and direct European services.

Operating flexibly, the group tailors its services to meet its clients’ requirements, guaranteeing that they will receive the highest level of care, as well as ensuring that their orders are transported safely and arrive in a timely manner.

Our clients are offering the business for sale as part of their retirement plans.

Offers invited.

Highlights

  • Trading for over 20 years.
  • Operates a fully computerised job booking system, allowing clients to immediately access their proof of delivery documents. 
  • Has 1,706 active clients in a variety of sectors, 25% of whom provide ongoing, reliable revenue. 
  • Operates from three leasehold premises, which play an important role in the effective delivery of its services around the UK. 
  • Candidate available to take on greater responsibilities within the group. 
  • Ideal bolt-on acquisition for complementary service providers.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 5,251 609
2020 (Actual) 6,095 1,113
2021 (Actual) 10,255 1,800
2022 (Actual) 6,629 705
  • Turnover of £6.6m in YE22 with an EBITDA of £705k.
  • Average gross profit margin of 25% over the last four financial years. 
  • Strong balance sheet with shareholder funds in excess of £4.1m.

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