Established in the early 2000s, the company is a leading manufacturer and supplier of high-quality slate and stone products, based in North Wales. With the largest showroom in the area, the company also operates a bathroom and kitchen design, supply and installation division, which contributes ~30% to total revenue.
Operating out of a purpose-built factory unit and showroom, the company consists of three divisions: the first specialises in manufacturing and supplying architectural Welsh slate products for construction projects, including walling, coping, windowsills, and hearths. The second specialises in templating and fitting bespoke quartz, slate and granite worktops for kitchens and bathrooms. The third division specialises in the design, supply and installation of high-end bathrooms and kitchens, leveraging synergies with the company's expertise in stone products to offer comprehensive solutions for residential clients.
With a largely local supply chain, a well-equipped factory, and a team of experienced machinists and manufacturers, the company is able to offer quick turnarounds and excellent quality control, while eliminating the need for outsourcing. Additionally, the company operates the largest kitchen and bathroom showroom in the area, offering porcelain tiles and paving.
Catering to both the construction and consumer DIY markets, the company has won repeat custom from builders’ merchants, developers, smaller contractors and individual customers.
The company has undergone phenomenal growth over the past four years, increasing revenue from £687,715 in 2019 to in excess of £1.4m in 2022.
Key investment highlights include:
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2020 (Actual) | 838,641 | 83,022 |
| 2021 (Actual) | 1,266,880 | 135,615 |
| 2022 (Actual) | 1,434,010 | 94,654 |
• A showroom, factory unit and storage unit available pending agreement.
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