Established well over 30 years ago, this opportunity is a well-equipped and well-resourced plastics processing business with annual sales approaching £3M).
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 measured in decades) with no client accounting for more than 15% of sales. They are also spread across a number of sectors, from distribution through to construction.
Located in the West Midlands, the company operates from a modern 19,500 sq foot premises, and employs 16 full-time staff, with a 2nd tier management team in place.
Revenues have grown from c £2.1M in 2021 to a forecast of just under £3M in the current year, with a stable gross margin of 40%. The business model is robust and other than (the Covid affected) 2020, it has delivered an adjusted EBITDA in the £600k to £700k range every year since 2021 and is forecast at c 635k in the current year.
The Guide Price sought by the Vendors for 100% of the shares of the Company is £2.9M. The business will be sold on a debt free, cash free basis to include a Net Asset Value at Completion expected to be c. £750k
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.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 2,500 | 650 |
| 2023 (Actual) | 2,300 | 650 |
| 2024 (Actual) | 2,900 | 700 |
| 2025 (Actual) | 2,800 | 600 |
| 2026 (Actual) | 2,900 | 635 |
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
Works as an extension of its clients’ teams to streamline their IT
infrastructure, minimise system downtime, and futureproof their technology to support ongoing development.
A market leading designer, consultant and contractor of specialist waterproofing services to the construction industry. This niche business benefits from strong technical expertise creating barriers to entry and is run by an established and experience management team.
Premium dessert manufacturing.
Provides skip hire, direct tipping, aggregate supplies, scrap metal sales, and hazardous waste disposal services.
Offers premium craft spirits on a subscription basis, mainly delivering
monthly boxes that include exclusive spirits, perfectly paired mixers, gourmet snacks, and a members’ magazine.
Project Oriel designs, fabricates and installs UPVC windows and doors, as well as associated products and accessories.
Specialises in the maintenance and provision of telegraph poles and
the installation of fibre networks, offering a comprehensive service for both wireless and fixed-line network builds.
Rustic Farm Retreat in Northern England for Weddings, Stays & Experiences
Commercial Cleaning, Gardening and Landscaping
East Midlands Architect with Blue-Chip Clients