With an impressive 70 year track record of industry experience, the Company caters to both trade customers and the general public.
Holding essential licenses, including a Waste Disposal Licence, a Scrap Metal Dealers Licence, and classification as a "carrier dealer – upper tier," The Company adheres to the highest standards of compliance and regulatory requirements.
Capabilities
The Company offers the following services:
•Buying and selling of recycled metal materials
•Provider of skips
•Waste removal services of dry warehouse waste
Location & operations
Based in the North of England and operates locally – with an already well established client base.
Operations are undertaken from two facilities where all employees work.
Financials
With a turnover of c.£9.9m in FY24 which is expected to continue to grow in FY25. Historical results have shown that the Company has a healthy turnover and profits, and this has picked back up strongly in recent years with a growing level of tonnage being put through the Company.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 9,253 | 534 |
| 2023 (Actual) | 10,656 | 1,001 |
| 2024 (Actual) | 9,874 | 692 |
The Vendors have now reached a stage where they are looking to retire and pursue other interests outside the Company and are happy to offer an extended handover period to any acquirer to ensure that the heritage, legacy, and quality of the business are preserved.
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