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Chemical & natural healthcare manufacturer

Reference
S11814
Turnover
£0.5m to £1m
Sector(s)
Health & care, Manufacturing, Retail & wholesale
Region(s)
East Midlands, UK Wide, Outside UK
Added
17 July 2024

Business description

Since 1991, the chemical manufacturer has established its place in the chemical manufacturing market by developing and supplying microencapsulated fragrances and compounds worldwide. It is the first choice in clean, sustainable microencapsulates to the paper converting sector. The Company’s products and expertise have been used by some of the world’s best loved household brands in the tissue paper products, feminine care, healthcare and personal care sectors. 

The company received a turnover of c£490k in FY23 and is expected to continue to grow with FY24 forecast to increase to c£580k. The company experienced a decline in turnover during FY21 due to delayed Covid-19 impacts, however, historical results have shown that the company demonstrates healthy turnover and profits.

The natural healthcare manufacturer develops and produces a range of natural healthcare products which it sells direct to consumers via its own website and other digital channels. The Company’s product range addresses the need for additional natural support for a range of everyday health concerns including allergy & hay fever, sleeplessness and immunity.

The company received a turnover of c£250k in FY23 and is expected to continue to grow. The company has delivered strong growth from a standing start driven by the global trend towards natural therapies and the acceleration in online shopping during and following the Covid 19 pandemic.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 486 50
2021 (Actual) 489 -76
2022 (Actual) 679 21
2023 (Actual) 729 -29

Opportunities

  • Build on an existing programme of development to engineer the next generation of clean, sustainable microencapsulates.
  • Capitalise on an established international customer base with a reliable order book.
  • Increase penetration within the paper converting sector 
  • Target new market applications for sustainable microencapsulates
  • Chart a new course for the business with the support of existing employees to achieve key business outcomes

Prospective purchasers

  • A trade buyer in a complimentary sector who is looking to expand its brand portfolio.
  • A private investor who is seeking the opportunity to acquire an ecommerce business with significant potential in a growing market.

Reason for sale

The vendors seek an exit ahead of planned retirement and to pursue other interests outside the Company. They 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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