Menu

Deal Opportunities.co.uk

the UK marketplace for company sales

Castors, wheels & handling equipment

Reference
S8137
Turnover
£5m to £10m
Sector(s)
Manufacturing, Miscellaneous
Region(s)
UK Wide, Outside UK
Added
14 October 2021

Business description

The company specialises in the specialises in the design, manufacture and distribution of high-quality castors, wheels, product handling equipment and complementary items, offering a broad range of products suited to almost any application.

Utilising a highly experienced team and state-of-the-art in-house facilities, the company offers bespoke design solutions, with its dedication to quality contributing to the longevity and strength of relationships with clients.

The company has experienced significant growth since its foundation, building up a broad range of specialist, high quality products, and firmly establishing itself as a leading supplier within its core operational industries.

Having built up a strong and highly successful business, the shareholders are now offering the company for sale as part of their long-term exit strategy.

Highlights

  • Utilises extensive in-house capabilities to design and develop entirely bespoke products with short lead times. 
  • Operates on an international basis, working with prestigious clients across a broad range of sectors, with a particularly prevalent presence in the engineering, automotive, supermarket and logistics markets. 
  • Benefits from strong, long-standing client relationships, a number of which span over 35 years, with 76% of active clients providing reliable, repeat business. 
  • Highly experienced management team in place, possessing the skills and expertise required to independently manage and grow the business on an ongoing basis. 
  • Operates from modern, fully fitted premises, which benefit from state-of-the-art CAD, design and engineering facilities.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 6,398 881
2019 (Actual) 6,785 942
2020 (Actual) 6,113 561
2021 (Actual) 6,526 837
2022 (Forecast) 6,821 783
  • Achieved turnover of £6.5 million in YE21, with an adjusted EBITDA of £840k.
  • Whilst revenue was temporarily affected by the impact of the Covid-19 pandemic, the business has emerged in a position of strength, with turnover on course to reach £6.8 million in the current year.
  • Turnover is anticipated to continue rising over the coming years, increasing to £7.1 million in YE23, with adjusted EBITDA also rising to £915k.
  • Maintains strong gross profit margins, averaging 34% and 12%, respectively, across the last four years.
  • Possesses a wealth of assets, including properties, land, plant, machinery and vehicles with a collective net value of £2.432 million.

Contacting the person who posted this opportunity

All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.

All the information available to us for this opportunity is shown above. We do not have any additional information.

Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.

You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.

Register Log in now Get their contact details without logging in

Log in

Forgot your password? | Don't have an account? Register here

Please submit your contact details

Once submitted, an automated email will be sent to you giving you the full contact details of the person responsible for this opportunity. This is entirely free of charge.

Your contact details:

Businesses for sale