The Company started as a small independent business that found a significant gap in the market for labelling clothes. Over the last 10 years, the Company has developed its brand, customer service and unique labelling solutions, driving popularity and demand. The Company has seen exceptional growth over this period with turnover levels reaching c£1m in FY22. The Company requires no employees and the founders spend a few hours a day overseeing operations. The business has developed into a sustainable B2C turnkey business.
The historical results demonstrate healthy turnover and profits over the last five years. During 2019 the founders experimented to find the most appropriate ways to build exposure and drive traffic and activity. Having successfully achieved this, the founders reduced marketing activity in 2020 and took time to structure the business for significant growth.
Due to the Company’s popular innovative designs and increasing target market, turnover is forecast to increase by 15% each year. The Company maintains excellent profitability due to minimal need for overheads and the use of outsourcing.
The Company was only affected by Covid-19 in the last 2 weeks of March 2020. The Company continued with their growth plans throughout 2020, achieving a 44% increase in turnover from 31 January 2020.
Location and operations
The Company operates in the South of England but can be managed from any location. The Company supplies nationwide with opportunities to expand overseas and B2B.
|Turnover (£'000)||Adjusted EBITDA (£'000)|
The vendors have now reached a stage where they are looking to pursue other interests outside the Company. They are happy to offer a suitable handover period to any acquirer to ensure that service and quality is maintained.
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