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the UK marketplace for company sales

Heavy plant tyres & tyre management

Reference
S7465
Turnover
£1m to £2m
Sector(s)
Automotive, Business services, Miscellaneous, Retail & wholesale
Region(s)
North West England
Added
03 February 2021

Business description

The company supplies an extensive range of plant tyres, as well as providing tyre management services to clients throughout the North West.

Products and services offered include on-site breakdowns; tyre fitting, repairs and vulcanising; and new and part worn tyres and tubes.

Our clients are offering the company for sale as they wish to pursue alternative, unrelated ventures and are willing to provide a mutually agreeable handover period, if required.

Offers invited

Highlights

  • Works on a variety of plant machinery, including telehandlers, forklifts, dumpers, excavators, aerial platforms, tractors, skid-steer loaders and trailers. 
  • Utilises a highly skilled and experienced team, which is fully insured, CSCS registered and trained to City & Guilds and NTDA standards. 
  • All clients provide reliable, repeat business on an ongoing basis. 
  • Maintains strong, long-standing relationships with clients, 40 of which now span over 10 years. 
  • Serves clients in the plant hire, civil engineering and construction sectors. 
  • Operates from two leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 1,163 144
2018 (Actual) 1,187 183
2019 (Actual) 1,210 192
2020 (Actual) 1,189 274
  • Turnover of £1.1m in YE20 with an adjusted EBITDA of £274k.
  • Gross profit margin of 71%.

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