From humble beginnings in the mid-1980s, the company has grown into a successful enterprise, serving over 200 active clients and boasting an impressive financial profile. The business covers all aspects of commercial vehicle repair, including servicing, MOT preparation and presentation, routine maintenance, and major body work repairs. The business also operates as spares suppliers for HGVs and offers 24-hour breakdown coverage, utilizing its own workforce and a network of suppliers. With an impressive purpose-built unit, the company is ideally located close to a number of important transport links and major freight routes.
The company also benefits from a skilled and experienced team of mechanical engineers and office workers who run the day-to-day business operations independently of the business partners. Above all, the company has become renowned for offering a reliable and efficient service at reasonable prices – a fact that is reflected in its uniformly positive reviews on Google, and the high percentage of repeat custom.
The company’s remarkable financial profile also bears testament to the quality of its services, with a turnover of £2,856,290 and an operating profit of £664,476 (as per the 2023 accounts).
Indeed, the business has a lot to offer the prospective buyer, including:
The company may well make an excellent bolt-on company for foreign HGV repair businesses seeking to implement an international operation, or an acquisitional opportunity for a national company.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2020 (Actual) | 1,853,920 | 389,443 |
| 2021 (Actual) | 2,195,570 | 422,370 |
| 2022 (Actual) | 2,605,590 | 367,316 |
| 2023 (Actual) | 2,856,290 | 655,924 |
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