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the UK marketplace for company sales

Haulage & logistic solutions

Reference
S6250
Turnover
£0.5m to £1m
Sector(s)
Distribution, freight & logistics
Region(s)
UK Wide, Outside UK
Added
17 June 2019

Business description

The company is a well-respected provider of tailored haulage and logistics solutions for clients based across the UK. The company has experienced rapid growth since its foundation, building strong relationships with prominent blue-chip clients and increasing turnover year-on-year.

With well-established processes in place throughout the business, the acquisition of the company presents an ideal bolt-on opportunity for buyers in the haulage and logistics sectors.

Our client is offering the business for sale to pursue alternative, unrelated ventures and would be willing to remain for a handover period, subject to negotiation.

Offers invited.

Highlights

  • Serves 30 active clients, with a focus on companies dealing with aircraft on ground, time critical and logistics.
  • The company has long-standing client relationships, with one having been in place for over five years.
  • Employees are able to run the business on a day-to-day basis and facilitate future growth of the company.
  • Operates from leasehold premises which are ideally located for freight forwarding and for the company’s client base.
  • Growth achievable through direct employment of drivers and gaining company owned vehicles.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 833 222
2018 (Actual) 985 236
2019 (Actual) 986 237

  • FY18 turnover of £985k with an adjusted EBITDA of £236k.
  • Projected FY19 figures to be the same as FY18.
  • Shareholder funds increasing from £1k in FY16 to £275k in FY18.

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