Menu

Deal Opportunities.co.uk

the UK marketplace for company sales

Plastics processing

Reference
S8168
Turnover
£2m to £5m
Sector(s)
Manufacturing
Region(s)
UK Wide
Added
21 October 2021

Business description

Established nearly 30 years ago, this opportunity is a well-equipped and well-resourced plastics processing business with annual sales in excess of £2.5M.

Revenue is generated from a number of discrete product lines, including the manufacturing of its own range of products, resulting in a significantly de-risked trading profile. Client relationships are longstanding (many in excess of a decade) with no client accounting for more than 16% of sales. They are also spread across a number of sectors, from automotive to building products and electrical to storage solutions.

Located in the West Midlands, the company operates from a modern 17,000 sq. foot premises and employs 18 full-time staff including a management team.

Revenues have consistently grown year over year, other than the interruption for Covid, and sales for the current year are forecast at £2.6M, delivering an adjusted EBITDA in excess of £650k. The business model is robust and other than (the Covid affected) 2020, it has delivered an adjusted EBITDA in excess of £550k every year since 2016.

The Guide Price sought by the Vendors for 100% of the shares of the business is

£2.8M. The business will be sold on a debt free, cash free basis to include a Net Asset Value at Completion expected to be c. £500k. The balance sheet contains considerable surplus cash, with an expectation for that to be added to the consideration.

The business will be an attractive acquisition for both a larger trade buyer looking to extend its product range and / or technical and manufacturing capability and also those looking for a stable stand-alone business, with significant further growth opportunities.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2022 (Forecast) 2,600,000 650,000

Contacting the person who posted this opportunity

All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.

All the information available to us for this opportunity is shown above. We do not have any additional information.

Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.

You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.

Register Log in now Get their contact details without logging in

Log in

Forgot your password? | Don't have an account? Register here

Please submit your contact details

Once submitted, an automated email will be sent to you giving you the full contact details of the person responsible for this opportunity. This is entirely free of charge.

Your contact details:

Businesses for sale