This steel stockholder's products enjoy an enviable reputation for high quality which allows the business to achieve premium pricing.
The company offers a frequent delivery service using its own vehicles. It also enjoys a substantial level of counter sales to both non account businesses and the general public.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2020 (Actual) | 1,912 | 238 |
| 2021 (Actual) | 3,207 | 619 |
| 2022 (Actual) | 3,408 | 531 |
| 2023 (Actual) | 2,634 | 289 |
The company is very cash generative and holds substantial cash balances
Offers in excess of £750,000 plus ‘Surplus Cash’ are invited for this business.
Expressions of interest should be submitted by 30th June 2024
The present owners of the business are planning to retire completely once a suitable handover period has been completed.
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