Established in the early 1990s, the company specialises in the design, manufacture, supply, and installation of internal and external blinds, curtains, awnings and solar control/security window films.
In addition to their own branded products, they also distribute well-regarded industry names such as Luxaflex, Silent Gliss, Weinor, Louvolite, Velux and Decora. Their expansive product portfolio includes internal and external blinds, window films and graphics, terrazza roofs, security products, plantation shutters, all-weather system blinds, and more.
The company operates from an expansive factory in the South East, where its internal blinds are manufactured. They also maintain a 600 sq ft showroom at this location, showcasing a wide variety of their product offerings. For customer convenience, the company has dedicated sales representation covering their core territory, while their service areas extends to encompass all of London and the Home Counties
Catering to both the residential and commercial sectors, 68% of the company’s thriving trade over the past 12 months came from repeat customers or word-of-mouth referrals, a testament to their commitment to customer satisfaction.
Key investment highlights include:
Financials
The company has a history of consistent revenue generation, achieving turnovers of £517,380 and £589,003 in 2023 and 2022, respectively. The company has also consistently maintained a strong bottom line, achieving an adjusted EBITDA margin of between 18-27% over the past three years.
Market opportunity
The UK window coverings market is projected to grow at an average annual growth rate of 2.88% from 2024 to 2028, driven by growing consumer demand for home automation, energy efficiency, and stylish home décor solutions.
Turnover (£'000) | Adjusted EBITDA (£'000) | |
---|---|---|
2020 (Actual) | 414 | 63 |
2021 (Actual) | 633 | 171 |
2022 (Actual) | 589 | 160 |
2023 (Actual) | 517 | 94 |
The company possesses a robust foundation for significant growth, and is well-placed to capitalise on a growing market, further expand an already impressive product portfolio, and drive new customer acquisition efforts.
Currently, the factory also operates below its full manufacturing capacity, offering scope to significantly ramp up production.
Retirement.
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