Founded in 1992 by husband and wife the business is now run by the daughter who is looking to realise the value of the business following a change in her personal circumstances.
Over the last 30 years, the business has developed close relationships with UK housebuilders with the majority of sales from repeat business. The business has a strong FY24 pipeline totalling £1.2m.
The business offers a complete in-house service from creating technical designs to fabricating through to installation.
The highly skilled workforce includes experienced designers, fabricators and fitters with low staff turnover and high morale.
The business warehouse is leasehold, but the freehold facility could be available as part of the sale. The warehouse is well equipped with all equipment owned and maintained to a high standard.
The business makes for a great bolt-on acquisition to expand manufacturing capabilities in a niche market.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2024 (Forecast) | 1,200 | 124 |
Six months to Nov'23 Turnover £561k; Unadjusted EBITDA £118k.
18 months to May'23 Turnover £2.2m; Unadjusted EBITDA £77k.
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